Presentation on theme: "Supply Risk Assessment Process. Day 2 and 3: Auditing Supply Chain Risks: The DRK Method This will be a day long workshop on Supply Chain Risk Management."— Presentation transcript:
Day 2 and 3: Auditing Supply Chain Risks: The DRK Method This will be a day long workshop on Supply Chain Risk Management Audit Principles/Practices using Risk Simulator Software led by Dr. Kevin McCormack, CEO & founder of DRK and Supply Chain Council Black Belt In Risk Management Read: Handfield & McCormack, pp 1-118
Week 0Week 1-2Week 3-4 Week 5-6 Week 7 Week 8 Data Collection Follow up Preparation Analyze Mitigate Report 4.0 Analyze Survey Data Collection Validate 6.0 Mitigate Supplier Information Set Up Internal Information Set Up Report Note: Cycle Time – 6-8 weeks 1 Category = 30 suppliers - Manual Process - IT Enabled Process - Combination Assessment Team 1.0 Kick off 2.0 Preparation 5.0 Report Kick Off Review Team Provide Set up information Category Manager and Suppliers Set up Survey Internal Data 3.0 Data Collection Survey Review & Event Probability Subject Matter Experts and Suppliers Review/ Validate Preliminary Data Category Manager and Risk Manager ID and Begin Mitigation Category Manager and Risk Manager Supply Chain Risk Assessment Process
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