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Supply Chain Risk Management

The increasingly complex, global supply chains of today are delivering products and services to market better, faster, and cheaper than ever before. Yet they are also carrying ever-greater risks of disruption. Marsh can help companies in their efforts to bring their supply chains into better view and gain an understanding of the critical interdependencies and risks along the way — from the sourcing of raw materials to delivery to the consumer. We provide the knowledge, tools, and advice to help you create a risk-aware organization and to help you obtain risk management solutions to protect your critical processes, your reputation, and your bottom line.

Supply chain risks include everything from natural hazards, terrorism, pandemics, and data security to demand variability and supply fluctuations. Fierce competition and tight margins can further magnify the impact of a supply chain failure on your business. Yet traditional risk transfer mechanisms often do not cover the full spectrum of today's supply chain risks.

Marsh's Supply Chain Risk Management (SCRM) Practice can help your organization reduce exposures and manage risks. We offer a variety of tailored supply chain solutions designed to:

  • improve end-to-end supply chain visibility and performance;
  • measure the efficiency and effectiveness of current risk investments versus your highest risk priorities; and
  • help you respond to vendor questions, governance issues, or M&A issues relating to your supply chain.

Supply Chain Risk Intelligence Service
Marsh offers a monthly subscription that provides critical, actionable knowledge and information on the latest trends, technology, and solutions in supply chain risk and risk management, including:

  • Supply Chain Risk Concierge Services, providing direct access to industry experts to mentor you on supply chain risk issues and management approaches, serve as executive sounding boards, and help facilitate discussions with your supply chain stakeholders;
  • Peer Forums, enabling you to interact regularly with risk professionals or executives with similar supply chain risk interests and challenges;
  • Outcome-Specific Workshop, a personalized facilitated discussion of the specific business changes or other supply chain risk issues your company faces; and
  • Enterprise Supply Chain Risk Knowledge Center, delivering a library of timely and insightful reports, articles, webinars, and other content developed by our experts to help you educate yourself and your organization on key supply chain risk management concepts, terminology, and emerging best practices.

The service is designed to help you build risk awareness within your organization and the agility to quickly respond to issues in the global environment that may impact your supply chain.

Supply Chain Risk Mapping and Monitoring
Our Risk Mapping and Monitoring service is designed to help you better understand potentially critical failure points along the supply chain and allocate your risk management capital, time, management attention, and resources appropriately to achieve adaptive and resilient supply chains. The service also includes continuous monitoring of geopolitical threats, allowing you to better respond to sudden events and stay abreast of the changing business landscape by tracking risk profile changes over time. The service is designed to help you:

  • identify and prioritize what is most critical to your business such as a critical brand, product, or service (value segmentation);
  • document the end-to-end supply chain to illuminate dependencies and the skills generally required to maintain operations (supply chain map);
  • identify the most significant potential points of failure in your supply chain; and
  • dynamically monitor supply chain risk through a global dashboard that matches critical resources along the supply chain to an intelligent source of data that alerts you to significant geopolitical changes 24/7 and provides information on the threat, severity, or geography of an event.

Supply Chain Risk Consulting
Marsh provides supply chain consulting services that leverage our exceptional supply chain and risk assessment processes. We offer deep expertise, proven methodologies, and state-of-the-art tools to help you in your efforts to identify and prioritize gaps in business performance, supply chain operational efficiencies, and existing/potential risks in your end-to-end supply chain. We then create transformative business programs designed to enhance your supply chain operations. Our approach emphasizes skill development and knowledge transfer so your organization can quickly take the reins. Our world-class supply chain experts can help you in your efforts to improve strategic and operational performance while managing and mitigating the risks inherent in global trade.

CONTACTS:

Gary Lynch
Global Leader, Supply Chain Risk Management Practice
212-345-6053

Marc Cerro
Practice Leader, Supply Chain Risk Mapping and Monitoring
518-793-4817

Related Information

Webcast: Our July 23, 2008 New Reality of Risk Webcast covered Supply Chain: Risks and Responsibilities

Article: Effective Business Continuity Planning

Report: Inflationary Pricing Threatening to Destabilize Some Supply Chains

Report: Stemming the Rising Tide of Supply Chain Risks: How Risk Managers' Roles and Responsibilities Are Changing

Article: The Endless Quest for Indestructible Supply Chain

Report: Corporate Pandemic Preparedness: Current Challenges to and Best Practices for Building a More Resilient Enterprise

Risk Talk: Building a Resilient Supply Chain

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