• EBG | Webinar
    • Swedish
  • EBG | Play
  • EBG | Summit
    • Sourcing Outlook
    • Source 2 Pay Summit
  • EBG | Insight
  • EBG | Business Directory
  • About EBG | Network
    • Contact EBG | Network
    • Networking with EBG | Network
    • Privacy Policy

EBG Network

Procurement and Finance Outlook Intelligence

EBG | Play: Supply Chain Risk Management – tips and insights from Husqvarna Group

April 18, 2017 By ebgnetwork

Spread the word

Before Easter, EBG | Network hosted a webinar enabled by riskmethods featuring Husqvarna Group focusing on how they have been and are developing ways to manage risk in their supply chain. Benjamin A Sutherland at Husqvarna group and Heiko Schwarz at riskmethods share their insights.

Below is the recorded webinar session for you to view.

How do you manage risk?

During the session two poll questions were asked focusing on how the attendees – coming mainly from across the Nordics, Europe and the US – how they choose to manage risk and what risk areas they focus on.

The respondents were allowed to choose one or several options.

It is evident that the group attending live focus on their tier 1 suppliers and their financial health. Not too chocking but Heiko Schwarz react to the above statements with the below comments.

His response to the tier 1 and financial health focus is:

  1. Report with many data points about supply disruption root causes (financials is no. 10 there!)
  2. Our data of more 4 years in operations with millions of data points (financials are no 17 there!)
  3. 7 of 10 respondents do not have sub-tier visibility – this is tough as 51% of the supply disruptions origin from tier 2 or below!
  4. 3 of 10 don not track risks in their supply base at all!
  5. 23% of respondents consider logistic hubs in their monitoring: 77% do not and haven´t switched their mindset to supply chain oriented approaches. what happens if the port is at strike?
  6. Those 73% who monitor threats of their supplier watch at supplier health (88%) – disastrous as this is a minor root cause of disruptions (they miss 10 to 16 more likely root causes)

Sources: Business Continuity Institute & Zurich Insurance 2016 & riskmethod’s own studies and data

Mind you that Heiko eat, sleep and breathe risk management but it is interesting that their is an apparent shallow overview over the supply chain environment.

Mind you – we did not ask what they want to monitor and be in control over. Can it be that this area in true benefit from ways to monitor huge amounts of data and information in a single view? Not instead of but as an addition to traditional ways to consider and monitor risk.


Spread the word

Who are EBG?

EBG | Network - A cross functional, end-to-end business network focusing on improved sales and forecasting, increased spend under management and financial supply chain control

EBG is managed by Anna & Lars - partners in business and life. Contact us today with any type (business) related questions! Contact details below or use the LiveChat function right now.

Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

    Anna Bjarkerud

    Anna Bjarkerud

    anna@ebgnetwork.com
    +46 735819302

      Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

        Lars Bjarkerud

        Lars Bjarkerud

        lars@ebgnetwork.com
        +46733530343

          Find what you are looking for

          Newsletter opt-in – don’t miss out!

          Name

          Title

          Company

          Email-(only corporate addresses will be communicated with)

          Leave this field empty
          I agree to the processing of my personal data

          Learn more about EBG Networking

          Networking with EBG | Network

          Why join Source 2 Pay Summit 2021?

          https://vimeo.com/504687482?loop=0

          Post Summit Report | Source 2 Pay Summit 2020

          Click the image to download the Post Summit Report (PDF) below

          EBG | Business Directory – learn more about the market

          EBG | Network will be listing competences and solutions in the area EBG work. Source 2 Pay is a broad area including everything from sourcing tools to cash management solutions. EBG do not help choose – but have a lot of material to share!

          Follow the link below to the EBG | Business Directory

          Clock the below link to enter the directory

          EBG | Business Directory

          Post Summit Report | Sourcing Outlook 2020

          Fith annual, next Sourcing Outlook held November 25th | ONLINE  sourcingoutlook.com

          Click the image to download 2020 Post Summit Report

          Recent articles

          Visma join Source 2 Pay Summit 2021

          A warm welcome to Visma joining Source 2 Pay Summit 2021 as an Expert Organization. On May 6th you can join a select group of people sharing the same challenges and see the same opportunities. Visma Proceedo is a cloud-based solution that supports all aspects of your organization’s procurement: Manage supplier contracts, place and deploy […]

          Telenor join Source 2 Pay Summit 2021

          How do you take your sourcing and procurement practices to the next level? How do you ensure that those strategies you create come true? EBG | Network are really glad to welcome Telenor to Source 2 Pay Summit 2021 on May 6th! On May 6th you can join Bjørg Nikoma, Senior P2P Specialist at Telenor […]

          Equinix join Source 2 Pay Summit 2021

          So, you are faced with a development scope covering numerous countries, functions, processes and technology history? Most realize the benefits of said development and you feel real energetic! You have limited time and budget but for sure all involved will dedicate what is needed? The benefits are obvious for all as are the main steps […]

          EBG | Play: How AI is changing Procurement in 2021 and beyond

          A subtitle could also be “What do you know about your cash position from an end to end perspective?”. This session enabled by Medius – which you can view or re-view below – have a two part story. One, and possibly the most important, is the – still – dilemma companies face when procurement and […]

          SSAB and Ericsson join Source 2 Pay Summit 2021

          Will all things be digital or digitized? The past year one may wonder. If you work in a large organization your digitization and digitalization have probably skyrocketed. EBG | Network are thrilled to start welcoming the great peers and experts joining the 11th annual Source 2 Pay Summit 2021 on May 6th! On May 6th […]

          Join the EBG | Network

          Copyright EBG | Network © 2010–2021 · Log in

          This website uses cookies to improve your experience. You can opt-out if you wish Accept Reject Privacy Policy
          Privacy & Cookies Policy

          Privacy Overview

          This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
          Necessary
          Always Enabled

          Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

          Non-necessary

          Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

          SAVE & ACCEPT