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