Focused on supplier risk issues for business leaders

Video: Reduce Risk Through Effective Collaboration

June 19, 2009

Yesterday I posted about the importance of mitigating supply chain risk by building robust, collaborative relationships with your suppliers. Today, I invite you to watch a very enjoyable six-minute presentation on the same topic. This videoclip, from Manufacturing and Logistics IT Magazine and Cranfield University, features Richard Wilding, Professor of Supply Chain Management at the Centre of Logistics and Supply Chain Management, Cranfield School of Management.

Wilding discusses how managing relationships with your suppliers can mitigate risk, enhance value, and lower costs. He explains what he calls “the three Ts of highly effective supply chains:”  Time, Transparency, and Trust. And, he also

offers advice for starting a risk management plan at your company. As Wilding reiterates, it’s important to focus on building relationships with your suppliers now, before a supply chain disruption occurs.

Bookmark and Share

1 Comments to “Video: Reduce Risk Through Effective Collaboration”

  1. Heya i’m for the first time here. I came across this board and I find It really useful & it helped me out a lot.
    I hope to give something back and help others like you
    aided me.


15 Trackbacks/Pingbacks

  1. @Risk | Is Chrysler Prepared For Supply Chain Disruptions? 29 06 09
  2. @Risk | New PRTM Study Reveals Impact of Recession on Supply Chains 30 06 09
  3. @Risk | Vantage Partners’ Study Reveals Business Value of Strategic Sourcing 14 07 09
  4. @Risk | Could a Critical Supplier be Thinking About —Gasp! –Firing You? Part I 27 07 09
  5. @Risk | Supplier Risk in the Restaurant Industry 04 08 09
  6. @Risk | Mitigating Risk: Three Steps for CFOs and Procurement to Take Together 12 08 09
  7. @Risk | Mitigating the Risk of Counterfeit Parts in the Supply Chain 23 10 09
  8. Marriott Helps Suppliers Develop Green Best Practices | 2Sustain 21 01 10
  9. @Risk | Video: Toyota Announces Plan to Fix Accelerator Pedals on Recalled Vehicles 01 02 10
  10. @Risk | Intermediary Vital For Sourcing Chemicals from China 18 02 10
  11. @Risk | Kroger Asks Suppliers to Subscribe to Rapid Recall Exchange 14 04 10
  12. @Risk | Procurement Pros Lack Risk Management Skills 27 04 10
  13. @Risk | Study:Ford Climbs to Third Place Overall in ‘Working Relations’ With Suppliers 12 05 10
  14. @Risk | Are There “Zombies” in Your Supply Chain? 23 06 10
  15. @Risk | US Rail Manufacturing Supply Chain Poised for Growth with Passage of Transportation Bill 02 07 10

Leave a Reply