BEC Business Transformation Theatre

Building Resilient Supply Chains: From Sourcing to Success

Day 2 : 15:25 – 16:15

Staying ahead of the game in a world of increasing regulatory pressures and sustainability expectations is crucial for SMEs. In this informative seminar, we’ll explore effective strategies that will empower SMEs to establish resilient and sustainable supply chains from sourcing to delivery. Discover how integrating environmental considerations at every stage of the supply chain can enhance operational efficiency and ensure compliance with evolving regulations. Join us and position your business as a pioneer in sustainable practices, driving operational excellence and capturing the attention of conscious consumers.

Learnings

  • Discuss the key vulnerabilities and risks faced by supply chains, including disruptions from natural disasters, geopolitical factors, and pandemics. Explore case studies and examples of how these vulnerabilities have impacted businesses and industries.
  • Share best practices and strategies for building resilient supply chains. Discuss the importance of diversification, redundancy, and flexibility in sourcing and distribution, as well as the adoption of technology and data-driven approaches to improve visibility, planning, and risk management.
  • Discuss the role of collaboration and partnerships in enhancing supply chain resilience. Explore how businesses can work together with suppliers, customers, logistics providers, and other stakeholders to share risks, resources, and information to minimize disruptions and enhance overall supply chain performance.
  • Discuss the role of technology and innovation in building resilient supply chains. Explore how emerging technologies such as blockchain, artificial intelligence, and Internet of Things can enhance visibility, traceability, and decision-making in supply chain operations. Highlight successful use cases and potential barriers to adoption.

Post-Event Actions

  • Conduct a thorough assessment of their supply chains to identify vulnerabilities and potential risks.
  • Seek out collaboration opportunities with suppliers, customers, and logistics providers to enhance the resilience of their supply chains. Initiate discussions and partnerships to share risks, resources, and information, fostering a network of support to navigate future disruptions.
  • Explore the use of emerging technologies like blockchain, AI, and IoT to improve visibility, traceability, and decision-making in their supply chains.
  • Establish processes for continuous improvement and agile decision-making in their supply chain operations, including reviewing and updating risk management strategies, demand forecasting methods, and inventory management practices to stay resilient and adaptable in the face of evolving challenges.

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