Supplier Health and Contingency Planning
Discuss approaches to contingency planning with suppliers, and other topics related to supplier health.
- 12:00 PM
Event Assets
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Description
Supplier health and contingency planning is an important aspect of supply chain management that involves preparing for - and ideally preventing - disruptions that could impact the entire supply chain. With effective supplier health and contingency planning in place, companies can better manage supply chain disruptions, protect their reputation, and maintain customer satisfaction.
One of the main challenges is identifying and assessing risks across the entire supply chain, including both direct and indirect suppliers, and identifying critical suppliers and dependencies. Effective communication and collaboration with suppliers is essential to implement contingency plans and ensure they are prepared to manage disruptions.
By identifying and mitigating potential risks, companies can build a more resilient and robust supply chain that can better withstand any disruption. This could include:
- developing backup plans
- building redundancy into the supply chain
- creating alternate sourcing options
Companies can mitigate the impact of disruptions on their supply chain, reduce the likelihood of stockouts and production delays, and maintain business continuity. This, in turn, can help companies maintain their competitive advantage, protect their reputation, and increase customer satisfaction. Effective supplier health and contingency planning can also help companies manage their risks, reduce costs, and build stronger relationships with suppliers, all of which help build a more resilient and sustainable supply chain.
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Agenda Items
| 9:00 AM | Welcome and Opening Remarks |
| Jenny Patzlaff - Supply Chain Practice Director, UWEBC | |
| 9:15 AM | Supplier Health and Contingency Planning |
| Tom Moen – Associate Director of Global Sourcing, J.J. Keller & Associates, Inc. | |
| 10:15 AM | Breakout Discussion – Discuss and Apply |
| All Participants | |
| 11:15 AM | Wrap Up |
| Jenny Patzlaff - Supply Chain Practice Director, UWEBC | |
| 11:30 AM | Adjourn |
Additional Information
Location: Supply Chain Community HubContact: Events Team, events@uwebc.wisc.edu