Quarterly Council
Meeting Sets Stage for SCRM Thought Leadership and Council Expansion
By Joe
McMorrow, Cisco Systems, Inc.
On April 18th,
2009, the Supply Chain Risk Leadership Council held its eighth quarterly on the
Cisco Systems campus in
The event opened with a
keynote address by Angel Mendez, SVP, and 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
increasingly more popular with board rooms…particularly with affects from the
economy and affects of globalization,” Mendez told participants.
Following
Angel’s presentation, John O’Connor, Director, 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