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10/21/2013 1 Dr. Pam Keystone Assistant Professor of Business Administration Lees-McRae College Risk and Resiliency for More Sustainable Supply Chains Biography Dr. Pam Keystone is currently serving as Assistant Professor of Business Administration at Lees-McRae College. She earned her Doctor of Business Administration from Nova Southeastern University, MBA and undergraduate degrees from University of Tennessee at Chattanooga. Prior to teaching during the last 10 years, Dr. Keystone worked 20 years in industry. Pam has been involved with APICS for over 25 years participating on chapter boards and earning Certificate in Integrated Resource Management (CIRM) and Certified Supply Chain Professional (CSCP) credentials. Current research interests include: strategy, resilience management and sustainability.

Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

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Page 1: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

10/21/2013

1

Dr. Pam Keystone

Assistant Professor of Business Administration

Lees-McRae College

Risk and Resiliency for More

Sustainable Supply Chains

Biography

• Dr. Pam Keystone is currently serving as Assistant Professor of

Business Administration at Lees-McRae College. She earned

her Doctor of Business Administration from Nova

Southeastern University, MBA and undergraduate degrees

from University of Tennessee at Chattanooga. Prior to

teaching during the last 10 years, Dr. Keystone worked 20

years in industry. Pam has been involved with APICS for over

25 years participating on chapter boards and earning

Certificate in Integrated Resource Management (CIRM) and

Certified Supply Chain Professional (CSCP) credentials. Current

research interests include: strategy, resilience management

and sustainability.

Page 2: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

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Questions to consider:

• Why should risk and resiliency be included in

supply chain courses?

• What is the relationship to sustainability?

• How to help students apply the higher level

thinking skills to these topics?

Example of Bloom’s revised learning

model:

• Creating

• Evaluation

• Analyzing

• Applying

• Understanding

• Remembering

(Revised Bloom’s Taxonomy)

Page 3: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

10/21/2013

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Simple visual on Supply Chain Management

Raw materials �(transportation and stages)� consumer

possible reverse supply chain

Types of risks to consider in supply

chain management:

• Network design

• Natural disasters

• Technology

• Political

• Legal

(Crandall, 2012)

Page 4: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

10/21/2013

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Network design details

• Forecasting

• Sourcing

• Transportation

• Inventory Management

• Software systems

• Uncertainty

(Chopra and Meindl, 2007)

Climate Change

• Temperature changes

• Changes in sea level

• Intensity of storms

• Drought

• Flooding

• Etc.

(Climate changing…Weather.com)

Page 5: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

10/21/2013

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What is Sustainability?

• A short description - the ability to endure

• Triple bottom line

– People

– Profit

– Planet

(Savitz, 2006)

Ideas for Embedding Sustainability

Across the Organization

“The more I know about sustainability the greater my

eco-footprint grows.” (Shrivastava, 2010, p. 443).

• Education

• Establishing codes of conduct

• Metrics for measuring performance

• Organizational communication

• Encouraging employee volunteers

(Haugh and Talwar, 2010)

Page 6: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

10/21/2013

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Example of measuring performance in

green supply chains

• Techniques

• Benchmarking

• Issues

(Hervani, Helms, and Sarkis, 2005)

Disparate items to be integrated or

similar to be synthesized and provide

synergy?

• ISO 14001 –certification of environmental

management system

• United Nations Global Compact (UNGC)

• The Association for the Advancement of

Sustainability in Higher Education (AASHE)

• World Commission on Environment and

Development (WCED)

• INTERPOL Environmental Crime Programme

Page 7: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

10/21/2013

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Reminder of process toward higher

thinking skills…

• Creating

• Evaluation

• Analyzing

• Applying

• Understanding

• Remembering

(Revised Bloom’s Taxonomy)

Methods to help integrate topics and apply

higher level thinking: A combination of

education and industry experience

• On the job learning

• Internships

• Simulations

• Case studies

• Field trips

• Expert speakers from industry

Page 8: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

10/21/2013

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Conclusions…

• Supply chain risks, resilience, and

sustainability are highly interconnected

• Helping people learn and understand the

relationships to make better decisions is

important and challenging

• The goal of higher level thinking skills requires

education and experiential learning

• Thoughts?

• Questions?

• Contributions?

Page 9: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

10/21/2013

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Contact

Dr. Pam Keystone

Assistant Professor

Business Administration at Lees-McRae College

[email protected]

References

Chopra, S. and Meindl, P. 2007. Supply Chain

Management: Strategy, Planning, & Operation Third

Edition. Pearson Prentice Hall: Upper Saddle River, NJ.

Climate changing at fastest pace since the age of

dinosaurs. Retrieved 8/15/13.

http://www.weather.com/news/science/environment/

climate-changing-faster-any-time-dinosaurs-20130805

Crandall, R. E. 2012. Perceptions of Peril. APICS

Magazine 22(2).

Page 10: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

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References (cont.)

Haugh, H. M and Talwar, A. 2010. How Do Corporations

Embed Sustainability Across the Organization?

Academy of Management Learning and Education

Journal 9(3): 384-396.

Hervani, A. A., Helms, M. M. and Sarkis, J. 2005.

Performance Measurement for Green Supply Chain

Management. Benchmarking: An International

Journal 12(4): 330-353.

PowerPoint 2007 Clip Art (Version SP3 MSO)[Computer

Software]. Redmond, WA; Microsoft.

References (cont.)

Revised Bloom’s Taxonomy. Retrieved 9/12/13.

http://www.utar.edu.my/fegt/file/Revised_Blooms_I

nfo.pdf

Savitz, A. 2006. The Triple Bottom Line: How Today's

Best-Run Companies are Achieving Economic, Social,

and Environmental Success — And How You Can Too.

Jossey-Bass/Wiley.

Shrivastava, P. 2010. Pedagogy of Passion for

Sustainability. Academy of Management Learning

and Education Journal 9(3): 443-445.

Page 11: Risk and Resiliency for More Sustainable Supply Chains · What is Sustainability? • A short description -the ability to endure • Triple bottom line – People – Profit – Planet

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Survey

http://tinyurl.com/lr3pjct