New Members, Expanded
Goals Characterize Last Quarterly Meeting
By Joe
McMorrow, Cisco Systems, Inc.
On April 18th,
2009, the Supply Chain Risk Leadership Council held its eighth quarterly meeting
on the Cisco Systems campus in
The event opened with a
keynote address by Angel Mendez, SVP, Customer Value Chain Management, Cisco,
entitled “Supply Chain Risk Management: From Dogma to Leadership,” in which he
outlined Cisco’s strategic approach to risk management, shared best practices
and discussed the importance of the development of an international
standards-based approach to ERM.
“Supply Chain Risk is an
increasingly important topic in corporate board rooms…particularly when it
comes to impacts on the supply chain from the economy and from globalization,” Mendez told
participants.
Following
Angel’s presentation, John O’Connor, Director, Supply Chain Risk Management,
Cisco, provided an overview of the Council and its key objectives:
John also shared his vision for the
Council’s evolution and addressed the council structure, outlining the various
levels of participation (core council members, track leads, workgroup leaders,
and community members) and encouraged attendees who had not yet done so to join
the Council effort.
“There is
an opportunity for us (SCRLC) to create better awareness of the importance for
and the science and the practice of Supply Chain Risk Management,” O’Connor
explained.
With
presentations concluded, attendees discussed the scope and deliverables of the
council and agreed to develop Tracks within the SCRLC to further develop best
practices and standards for Supply Chain Risk Management. That discussion
resulted in the creation of seven distinct Tracks with assigned Track Leads and
attendees volunteering to participate as workgroup members.
Since the
April meeting, the Track workgroups have developed charter documents, and
are in the process of documenting best practices and recommendations
for SCRM standards. Each of the Tracks will have an opportunity to
present their progress at the next Council meeting on August 25-26, 2009, in