Sourcing and Supply Management in the 'New Normal'
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This webinar is for you if: 1. Your company’s Supply Chain/Supplier Network has been disrupted by the Covid 19 Pandemic. 2. You are concerned about what’s going to be different in Souring, Procurement and Supply in the near term as the Pandemic plays out. 3. You are looking for specific actions that can be taken now in all scenarios; high demand, flat demand, food supply chain and greatly reduced demand scenarios. 4. Need to identify short-term actions to improve responsiveness to supply challenges and work to bring down costs at the same time. 5. Need to understand your customers’ shifting requirements, the changes coming in what they will value and demand going forward.
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Sourcing and Supply Management in the 'New Normal'
- 1. Sourcing and Supply Management in the 'New Normal’ Examining Four Groupings of Industries Impacted by the Covid Pandemic Webinar – June 18, 2020 Panelists: Jim de Vries, Executive Growth MBB & Supply Chain Risk & Resiliency Architect Founder of Enhance International Group: jdevries@ConsultingEIG.com Jim Gitney, CEO of Group50 Consulting jgitney@group50.com Bruce Imel, Managing Partner of Flow Consulting bruceimel@flowconsulting.com David Millington, SPSM3™, CPOE®, ASMEC®, MSc.QSM, NPDP, CL6σBB Director of Education and Product Development for NLPA - dmillington@nextlevelpurchasing.com Facilitated by Ron Crabtree, CPIM, CIRM, CSCP, MLSSBB, SCOR-P, CSCTA Executive / Organizational Transformation Coach rcrabtree@MetaOps.com 1Copyright by Next Level Purchasing Association, 2020
- 2. Topical Content Polling Questions – How has Covid Affected Your Demand? How has Covid Disrupted Your Supply? Gain insights from Four World-Class experts – Four Groupings Impacted Differently by Covid; Three Probing Questions Polling Question – Areas to Learn More About Prioritize your future learning; Polling Question Q & A 2Copyright by Next Level Purchasing Association, 2020
- 3. 3Copyright by Next Level Purchasing Association, 2020 Meet Your Panelists
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- 5. Polling Question 1 – Covid Demand Impact 5Copyright by Next Level Purchasing Association, 2020 All organizations’ supply chains and vendors have been impacted by the Covid 19 Pandemic. Which of these has been the LARGEST challenge for your organization? (Pick One) 1. Our volumes have increased dramatically because of the Pandemic 2. Our volumes been consistent during the Pandemic, with little variation in product / service mix 3. Our volumes been consistent during the Pandemic, with a lot of variation in product/service mix 4. Our volumes have decreased dramatically because of the Pandemic
- 6. Polling Question 2 – Nature of Disruption 6Copyright by Next Level Purchasing Association, 2020 With respect to Disruption of Supply for your organization, which of these choices BEST describes what has been happening? (Pick One) 1. Massive disruption: suppliers’ shutdown, few alternatives to react 2. Manageable disruption: some challenges, but we are working through it so far 3. No / little disruption; supply management has been business-as- usual this year
- 7. Four Groupings Impacted Differently by Covid 1. Organizations with Demand Lift due to the pandemic (Jim de Vries) 2. Organizations with Flat Demand –albeit disrupted supply and big mix swings (Jim Gitney) 3. The Food Supply Chain - Globally (David Millington) 4. Organizations Crushed by the Pandemic - Those industries where demand has plummeted (Bruce Imel) Copyright by Next Level Purchasing Association, 2020 7
- 8. Panelist Question # 1 • For your focus industry grouping of firms impacted by the Covid Pandemic, what have been the top three reasons for disruption of supply and how have these manifested? • Order: de Vries, Gitney, Millington, Imel Copyright by Next Level Purchasing Association, 2020 8
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- 13. Panelist Question # 2 • For your area of focus – What’s likely to happen (opportunities and threats) in the next quarter as the Covid Pandemic plays-out – the top three scenarios expected? • Order: Gitney, Millington, Imel, de Vries Copyright by Next Level Purchasing Association, 2020 13
- 14. Mark Berlin Q# 2 Copyright by Next Level Purchasing Association, 2020 14
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- 18. Panelist Question # 3 • For your area of focus - What are the top three tactics and actions that can be undertaken now and what is the key benefit or benefits for each one? What are the take-away actions professionals can start doing now? • Order: Millington, Imel, de Vries, Gitney Copyright by Next Level Purchasing Association, 2020 18
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- 23. Polling Question 3 23Copyright by Next Level Purchasing Association, 2020 As discussed by the panelists, which of these Areas are you most interested in learning more about? Pick as many as you like 1. Comprehensive Environmental Scan – Millington 2. Supply Chain Disruption Strategies – Millington 3. NPLA SFIART Model – Millington 4. Assess Your Supply Base: Stress – Imel 5. Don’t Panic, Dropping Inventories – Imel 6. Review Planning Process Increase Feq. – Imel 7. Monitor & Address Maverick Spend – de Vries 8. Connect with Key Suppliers & Customers – de Vries 9. Prioritize and Develop NPD, New Sourcing - – de Vries 10. Get Close to Suppliers and Customers – Gitney 11. 90-Day Tactical Plan – Gitney 12. Redo your 2020-2021 Plan – Gitney
- 24. Final Polling Question 3 With respect to the Seven Procurement Leadership Competencies Defined by NLPA, Which of these are the most interesting and you want to learn more about? Please pick as many as you like: 1. Leading the Corporate Strategic Planning Process 2. Lead Product Strategy and Design for Strategic Procurement 3. Design Procurement Function Strategy to Realize Corporate Strategy 4. Executing a Procurement Function Strategy with SCOR 5. Transforming the Procurement Function’s Effectiveness 6. Ability to Sustain Procurement Function Transformation 7. Big Picture View, Tying it Together 24Copyright by Next Level Purchasing Association, 2020
- 25. Copyright by Next Level Purchasing Association, 2020 25 For immediate support – virtual guided learning, contact: dmillington@nextlevelpurchasing.com (860) 944-8193 Copyright by Next Level Purchasing Association, 2020 25 Join us on June 18th, 2020 at 1:00 PM EDT for our Next NLPA Webinar: “Sourcing and Supply Management in the 'New Normal” Enjoy a Panel Discussion with World- Class Supply Chain Experts to Learn Key Actions to take NOW in CY 2020
- 26. What we covered today Polling Questions – How has Covid Affected Your Demand? How has Covid Disrupted Your Supply? Gain insights from Four World-Class experts – Four Groupings Impacted Differently by Covid; Three Probing Questions Polling Question – Areas to Learn More About Prioritize your future learning; Polling Question Q & A 26Copyright by Next Level Purchasing Association, 2020
- 27. Q & A
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- 30. David Millington Q#3 Supply Disruption Management Model • Response • Analysis • Impact • Failure Mode • Supply Disruption Copyright by Next Level Purchasing Association, 2020 30
- 31. Polling Question 1 Which of these has been the LARGEST challenge for your organization? (Pick One) 1. Our volumes have increased 2. Our volumes been consistent 3. Our volumes been consistent 4. Our volumes have decreased Use the Question Tool to add any suggestions you’d like to offer 31Copyright by Next Level Purchasing Association, 2020
- 32. Polling Question 2 32Copyright by Next Level Purchasing Association, 2020 Disruption of Supply - which of these choices BEST describes what has been happening for you? (Pick One) 1. Massive disruption 2. Manageable disruption 3. No / little disruption
- 33. Polling Question 3 33Copyright by Next Level Purchasing Association, 2020 Areas most interested in? Pick as many as you like 1. Comprehensive Environmental Scan – Millington 2. Supply Chain Disruption Strategies – Millington 3. NPLA SFIART Model – Millington 4. Assess Your Supply Base: Stress – Imel 5. Don’t Panic, Dropping Inventories – Imel 6. Review Planning Process Increase Feq. – Imel 7. Monitor & Address Maverick Spend – de Vries 8. Connect with Key Suppliers & Customers – de Vries 9. Prioritize and Develop NPD, New Sourcing - – de Vries 10. Get Close to Suppliers and Customers – Gitney 11. 90-Day Tactical Plan – Gitney 12. Redo your 2020-2021 Plan – Gitney
- 34. Final Polling Question Please pick those most important to you: • Leading the Corporate Strategic planning process • Lead Product Strategy and Design for Strategic Procurement • Design Procurement Function Strategy to Realize Corporate Strategy • Executing a Procurement Function Strategy with SCOR • Transforming the Procurement Function’s Effectiveness • Ability to Sustain Procurement Function Transformation • Big Picture View, Tying it Together 34Copyright by Next Level Purchasing Association, 2020
Editor's Notes
- Meet Organization Goals by Leveraging Expert Procurement Capabilities
- Meet Organization Goals by Leveraging Expert Procurement Capabilities
- Meet Organization Goals by Leveraging Expert Procurement Capabilities
- please rate each of the following in its level of CRITICALTY for Procurement Professionals to consider going forward. Scale of 1 to 5 for each. 1= not very important, 2 = somewhat important, 3 = important, 4 = very important, 5 = Enterprise Mission Critical in 2020 and beyond. We will compare your views with the audience view, for fun! Procurement process challenges – the ability of the firm’s people, processes and internal systems to deliver competitive advantage in 2020. Supply Risk and Sustainability challenges in the face of ever-changing political and environmental stewardship responsibilities being legislated around the world, scarcity of certain materials. Increasing difficult logistical challenges; tariffs, import/export customs, outsourced logistics, shortages of truck drivers, relentless pressure on logistic costs, logistical disruptions of supply. Understanding IT / Technology Change Procurement Pros need to know about in 2020 and beyond. Includes impact of Industry 4.0 on procurement, advanced planning and network optimization technologies.
- please rate each of the following in its level of CRITICALTY for Procurement Professionals to consider going forward. Scale of 1 to 5 for each. 1= not very important, 2 = somewhat important, 3 = important, 4 = very important, 5 = Enterprise Mission Critical in 2020 and beyond. We will compare your views with the audience view, for fun! Procurement process challenges – the ability of the firm’s people, processes and internal systems to deliver competitive advantage in 2020. Supply Risk and Sustainability challenges in the face of ever-changing political and environmental stewardship responsibilities being legislated around the world, scarcity of certain materials. Increasing difficult logistical challenges; tariffs, import/export customs, outsourced logistics, shortages of truck drivers, relentless pressure on logistic costs, logistical disruptions of supply. Understanding IT / Technology Change Procurement Pros need to know about in 2020 and beyond. Includes impact of Industry 4.0 on procurement, advanced planning and network optimization technologies.
- Meet Organization Goals by Leveraging Expert Procurement Capabilities
- Context – Procurement needs direction from the enterprise to understand the degree of appetite for taking on risk the bank has. The degree of appetite for risk will vary for each type of risk and the nature of the impact on elements such as: regulatory compliance risk, cost, reputation, legal liability, loss of revenue, etc.
- please rate each of the following in its level of CRITICALTY for Procurement Professionals to consider going forward. Scale of 1 to 5 for each. 1= not very important, 2 = somewhat important, 3 = important, 4 = very important, 5 = Enterprise Mission Critical in 2020 and beyond. We will compare your views with the audience view, for fun! Procurement process challenges – the ability of the firm’s people, processes and internal systems to deliver competitive advantage in 2020. Supply Risk and Sustainability challenges in the face of ever-changing political and environmental stewardship responsibilities being legislated around the world, scarcity of certain materials. Increasing difficult logistical challenges; tariffs, import/export customs, outsourced logistics, shortages of truck drivers, relentless pressure on logistic costs, logistical disruptions of supply. Understanding IT / Technology Change Procurement Pros need to know about in 2020 and beyond. Includes impact of Industry 4.0 on procurement, advanced planning and network optimization technologies.