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The SIG Webinar will begin shortly.
Once the webinar begins, the sound
will come from your computer
speakers.
In the meantime, please take a look at the upcoming SIG networking events
listed on the right side of your screen and plan to join us if you are in one of
these cities this fall.
NETWORKING EVENTS
GLOBAL SUMMITS
April 19-21 – Orlando, FLSYMPOSIUMS
Mar 24 – Minneapolis, MN
April 7 – Columbus, OHREGIONAL ROUNDTABLES
Mar 3 – Hartford, CTMar 15 – London, UK
April 5 – Montreal, CANMay 12 – Sydney, AUS
For more information and to register for all SIG events:
www.sig.org
RECENT POSTINGS
The SIG Career Network is
bursting with opportunities.
New jobs are posted daily by some of the best known global
companies in the world for those seeking careers in sourcing,
outsourcing, procurement and related functions.
For more information go to: www.sig.org/career-center.php
NEW to the Career Network!
• Unum Group – posted Feb 26:
• Category Manager
• KinderCare Education – posted Feb 25:
• Sourcing Specialist
• Ross Stores – posted Feb 18:
• Senior Analyst, Strategic Sourcing
• FedEx – posted Feb 17:• Procurement Advisor
• Sourcing Specialist
• Sourcing Advisor
• VSP Vision Care – posted Feb 16:
• Senior Business Analyst
• Essilor – posted Feb 16:
• Strategic Sourcing Manager
• Milliken – posted Feb 9:
• Indirect Sourcing Manager
• Lincoln Financial Group – posted Feb 1:
• Sourcing Manager
• Travelers – posted Jan 25:
• Sourcing Manager
special member benefits
• 6 months of free buy-side
access to the Vendor
Evaluation & Assessment Tool (NEAT)
• 2 free Market Intelligence
Reports• 15% discount on direct
hire placement fees
For more information, go to: http://sig.org/member-discounts
• $20,000 discount on EnlightaGovern or Risk pilot
• 5 relationship assessment
surveys
• 20% discount on assessment
or implementation services
• 20% discount on research reports on Chinese cities,
technology parks, providers
and advisory services
• 50% discount off fees associated with GSOS
Health Check
• 10% discount on all annual subscriptions
• Complimentary 1-hour
consulting session
• SkillsVillage membership
and software test drives
bit.ly/SIGLinkedIn @SIGinsights bit.ly/SIGfacebookbit.ly/SIGYouTube
Join the discussion in SIG’s Peer2Peer Resource program too!
Stay connected with other SIG members through various social media channels
SOCIAL MEDIA
bit.ly/SIGBlog
New Topic Each Week
NEW TIME!!8:00 am PST
11:00 am EST
4:00 pm GMT
5:00 pm CET
Upcoming Free SIG Webinars:
March 3, 2016Just Do It! Amplify Cost Savings, Influence More Spend & Enhance Your Procurement Brand with a Sourcing Execution CenterPresented by Denali Sourcing Services & Nike
March 8, 2016Reinventing Offshore Service Delivery from the Philippines using Hybrid SourcingPresented by DTSI Group & Everest Group
March 10, 2016Solution Deep Dive: Using Market Intelligence to Drive “Right Pricing” for Contingent LaborPresented by PeopleTicker
Register at www.sig.org
For more information and to register for all SIG events:
www.sig.org
Upcoming Town Hall Teleconference:
March 9th
Crowdsourcing: What it is, Why it Matters and
What the Future Holds
Presented by:
Dawn TiuraPresident & CEO
Sourcing Industry Group
SIG Town Hall Teleconferences
bring a small group of buy-side ONLY attendees together for a facilitated
discussion on top-of-mind issues in an open-mic, private conversation.
Town Hall Teleconferences are NOT recorded.
Calendar of Town Hall Teleconferences
Taking place at 1:00 pm Eastern on the following dates:
February 10 July 13 March 9 August 10 April 13 September 14
May 11 October 12June 8 November 9
For more information and to register for all SIG events:
www.sig.org
SIG Symposiums and Regional Roundtables provide education and local
networking for members and invited non-member corporate users
Symposiums 2016:
Silicon Valley, CA – Jan 14
Minneapolis, MN – Mar 24
Columbus, OH – Apr 7
San Francisco Bay Area – Sep 15
Toronto, CAN – Sep 22
New York, NY – Sep 29
Regional Roundtables 2016:
Seattle, WA – Feb 2
Hartford, CT – Mar 3
London, UK – Mar 15
Montreal, CAN – Apr 5
Chicago, IL – May 5
Sydney, AUS – May 12
For more information and to register for all SIG events:
www.sig.org
SIG Global Summits are semi-
annual events with 350-450 decision-makers in attendance
• Non-commercialized
• Hundreds of industry thought leaders
• 70% buy-side
• 4-5 keynote sessions
• Global brands
• 3 days of networking
• Executive Roundtables
• Over 50 breakout sessions
69% of delegates are director level or above, of which 43% are VP/C-level
Recent speakers include:
For more information go to: www.siguniversity.org
Online learning environment
Sourcing and Governance certifications with Professional and Executive level courses
Modules with lessons, formative assessments, summative testing and final proctored exam
Certification good for 5 years
Certified Sourcing Professional course starts March 28, 2016!Certified Governance Professional course starts May 2, 2016!
For more information go to: sig.org/student-outreach.php
Partnering with Universities
Introducing students to seasoned supply chain executives
Sharing thought leadership with students in class, SIG University courses and at SIG events
Giving access to internship and job postings on the SIG Career Network
Allowing students to get real world insight into supply chain careers
Finding tomorrow's supply chain professionals today
11© All Rights Reserved - Confidential
• RISK: The 4 Letter Word Your Mother
• Never Told You About
VP Strategic Services
Mickey North Rizza
12© All Rights Reserved - Confidential
Introduction
About BravoSolution About the Presenter
Mickey North Rizza
VP, Strategic Services, BravoSolution
Leveraging her 25+ years of experience and
expertise, Mickey works closely with BravoSolution
clients to help them deliver impactful value in
Procurement, Sourcing and Supplier Relationship
Management.
During her career, Mickey North Rizza, VP Strategic
services at BravoSolution, served in various
leadership roles as a strategic procurement and
supply management practitioner and industry
analyst. Most notably, Mickey was distinguished as
an award-winning supply chain analyst during her
seven year tenure at Gartner Research.
Mickey is a founding and active member of the ISM
Supply Chain Risk Management Group. She is a
highly regarded and sought after global thought-
leader and speaker focused on strategic
procurement, supply management and supply chain.
Leading Strategic Procurement Solution
• Market leading, integrated strategic procurement platform
• End-to-end automation of the complete strategic procurement lifecycle
Practitioner Experience
• Flexible, Secure and Scalable supporting a diverse range of deployment
models and customer needs
• 600+ procurement professionals worldwide
• 15+ years of experience in industry and strategic procurement processes
• Value-added services across technology implementation, customer
support, market operations, and strategic advisory services
Global Scale
• 600+ customers worldwide
• 65,000+ purchasing users collaborating with 700,000+ suppliers
• Direct support in 12 countries for implementation & advisory expertise
14© All Rights Reserved - Confidential
Agenda
Definition & View
Exposed
Top Ten Best Practices in Supplier Risk
Summary
Questions
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RISK
RISKA probability or threat of a disruption - damage, injury, liability, loss
or another negative occurrence that is caused by external or internal
vulnerabilities, and that may be avoided through preemptive action.
Source: Adopted from Business Dictionary
16© All Rights Reserved - Confidential
RISK
RISKA probability or threat of a disruption - damage, injury, liability, loss
or another negative occurrence that is caused by external or internal
vulnerabilities, and that may be avoided through preemptive action.
Source: Adopted from Business Dictionary
Source: Helping advisors
17© All Rights Reserved - Confidential
RISK
RISKA probability or threat of a disruption - damage, injury, liability, loss
or another negative occurrence that is caused by external or internal
vulnerabilities, and that may be avoided through preemptive action.
Source: Adopted from Business Dictionary
Source: Helping advisors
Source: VCU
Strategic
Risk
Operational
Risk
Compliance
Risk
Financial
Risk
Reputational
Risk
18© All Rights Reserved - Confidential
RISKS? What RISKS?
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RISKS? What RISKS?
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RISKS? What RISKS?
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RISKS? What RISKS?
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RISKS? What RISKS?
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RISKS? What RISKS?
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RISKS? What RISKS?
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Top Ten Best Practices In Supplier Risk
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1. Research & Plan for the Next Crises
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1. Research & Plan for the Next Crises
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1. Research & Plan for the Next Crises
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2. Accurate & Complete Spend & Supplier Data
Different views of…
information & data
SPEND SUPPLIER
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3. Catalog of Risks
Financial
Compliance
Operational
Viability
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3. Catalog of Risks
Financial
Compliance
Operational
Viability
32© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
33© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
34© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
35© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
36© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
37© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
38© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
39© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
40© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
41© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
42© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
43© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
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3. Catalog of Risks
Financial
Compliance
Operational
Viability
45© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
46© All Rights Reserved - Confidential
3. Catalog of Risks
Financial
Compliance
Operational
Viability
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4. Rules-based Approach
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4. Rules-based Approach
Source: John Deere
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5. Governance Required
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5. Governance Required
Incident Response Team
Functional/BU Crisis Team
Management Crisis Team
Corporate Team
Executive Team
Board
ES
CA
LA
TIO
N GU
IDA
NC
E
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6. Integrated Processes
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7. Technology & Supplier Value Management
Onboarding
Phase Out
Supplier Lifecycle Management
is critical to maintaining &
achieving value
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8. Feet on the Street
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9. Employee Training
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10. Measure, Monitor, Mitigate
Risk Scoring/
& Heat MapRemember:
OUTCOME MATTERS
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Top Ten Best Practices: Supplier Risk Management
1. Research & Plan for the Next Crises
2. Accurate and Complete Spend & Supplier Data
3. Catalog of Risks
4. Rules Based Approach
5. Governance Required
6. Integrated Processes
7. Technology & Supplier Value Management
8. Feet on the Street
9. Employee Training
10. Measure, Monitor, Mitigate
57© All Rights Reserved - Confidential
Questions?
Questions?
58© All Rights Reserved - Confidential
RISK: The 4 Letter Word Your Mother Never Told You About
59© All Rights Reserved - Confidential
RISK: The 4 Letter Word Your Mother Never Told You About
Mickey North Rizza
VP Strategic Services
Email: [email protected]
Office Phone: +1-978-834-6813
Twitter: @MNorthRizza
Visit us at www.BravoSolution.com