|8th February 2022||10:00 - 13:00||Online|
NEUPC Event hosted by Achilles. Free for UKUPC Members
Join us for an extremely valuable morning for both Heads of Procurement, Category Managers and Category Leads alike.
The webinar delivered by Jenny Smith and Katie Tamblin from Achilles will provide an introduction to understanding risk, supply chain resilience factors from the ASCRI Q1 report, how to manage risks using supply chain map, followed by practical applications and a Q&A session.
In this session, we’ll take a deep dive into the most common supply chain risk factors members have faced in 2021 and will face in 2022. Achilles will provide a framework for analysing supply chain risk, present the findings of its Q1 Supply Chain Risk Report, and walk-through specific procurement examples and actions that can be taken to mitigate risks. We will look at the latest risk profile of key equipment and electronic purchases, as well as rising prices applying pressure elsewhere, driving up hidden risk factors in the service sector, like modern slavery and environmental impacts of doing business. In the Category Application, we’ll look at how chip shortages are impacting purchases of IT equipment, and how some teams successfully mitigated the impact of price increases and supply disruptions at the start of “Chipaggedon”.
- 10:00 - 10.30 Introduction: Understanding Risk
- 10:30 - 11:00 Supply Chain Resilience factors – ASCRI Q1 Report
- 11:00 - 11:30 Category Application - how to manage risks using a supply chain map
- 11:30 - 11:45 Break
- 12:00 - 12:30 Summary and Practical Applications
- 12.30 - 13:00 Q&A and discussion
About Jenny Smith
Jenny Smith is Head of Contract Management at Achilles Information Limited leading the Training and Consultancy side of the business across the UK. As part of her role, she also delivers training along with her highly skilled team of trainers. She undertakes this in an enthusiastic engaging manner actively encouraging debate amongst the delegates and bringing real-life experience into the discussions.
Jenny has over 25 years of experience in Contract/Commercial & Financial Management with extensive knowledge in Regulated industries including Rail, Oil & Gas and Electrical in both Client and Contractor environments. She has been responsible for Commercial Contract Management duties along with supporting and advising Procurement teams for contracts relating to multi-million-pound major infrastructure programmes through to agreement of Final Account.
Jenny has achieved a Post Graduate Award in Business Leadership from the University of Warwick, a Certified Six Sigma Yellow Belt with strong numerical and analytical skills, coupled with a proven ability to lead negotiations and to ensure cost-efficient Contract Management. She also has considerable experience in managing NEC 3 contracts (Project Manager Accredited) and other industry-standard contract forms.
Jenny is highly motivated with strong management and leadership skills, highly organised with the ability to communicate well and build excellent working relationships at all levels.
About Katie Tamblin, MCIPS
As Chief Product Officer, Katie Tamblin is a member of the Executive Leadership Team at Achilles and drives the development and release of innovative supply chain solutions. Her focus is on the transformation of Achilles data into actionable intelligence driving strategic decisions for procurement, compliance, and supply chain professionals.
Prior to joining Achilles, Katie was Director of Supply Chain Solutions for IHS Markit. Katie has 15 years’+ of experience supporting procurement clients with insights and analysis. She has supported several clients across heavy industry through to consumer and retail. Katie was lead consultant on a project with the US DoD Inspector General's office to analyze Bureau of Labor Statistics data and audit data abnormalities, saving the US Government $520.6 million. She has been recognized as one of Supply & Demand Chain Executive Magazine’s Pros to Know (2015), and one of the top 100 people influencing EMS by VentureOutsource.com (2012). She has provided analysis and insights to Supply Management Magazine, In-procurement Magazine, SmartCEO, Purchasing Magazine, Women’s Wear Daily, Ward's Auto, Supply and Demand Chain Executive, and The Wall Street Journal.
Katie received her Bachelor of Science in Mathematical Economics, Magna Cum Laude, at Wake Forest University in 2000. She first applied her skills in mathematical modeling as a Senior Revenue Management Analyst for Delta Air Lines in the United States. She was awarded a merit scholarship to study policy analysis at Georgetown University, where she wrote a practicum proving the statistical relationship between foreign direct investment and the skilled wage premium in emerging economies. She received her Master of Policy degree in International Policy Development and Environmental Policy in May 2004.
Achilles Supply Chain Resilience Index (ASCRI)
The ASCRI is an index that aims to resolve leveraging via global, regional, and company-specific factors to determine directional changes in supply chain risk. The publication of our index figure is on a scale of 1-100, with 1 representing very low resilience, and therefore a very high risk of supply chain disruption, and 100 representing very high resilience, and therefore very low risk of supply chain disruption. Accompanying each quarterly index update is a report outlining the key factors impacting supply chain risk in the most recent quarter. In the January ASCRI report, we will look at the 2021Q4 index update, and outline key factors driving supply chain risk in the three months ending in December 2021.