Virtual Round Table Week: How to future proof your supply chain even in the worst of conditions

Virtual Round Table Week: How to future proof your supply chain even in the worst conditions 

A recent survey showed that almost 75% of companies reported disruptions in their supply chains due to COVID-19. This outbreak’s impact is undeniable for some companies. It left some supply chains under so much pressure that they were struggling to stay afloat, they were in a “fight-or-flight” mode. This, however, has also given businesses the opportunity to identify areas of their supply chains that need improvement, bringing to light supply chain inefficiencies.

Luckily, we are now starting to move to a stage where businesses are slowly restarting and have the chance to identify solutions to these newfound inefficiencies. To ensure this is done in the most beneficial and sustainable way, it is crucial to create strategies that can prepare your supply chains for the future, making them resilient to any disruption. Thus, we are moving towards a stage where businesses need a plan to ensure their supply chains can overcome this or any other crisis and  become future-proof.

To help businesses with this transition, Trifork is bringing you a second week of virtual round table discussions, with the goal of helping supply chain decision makers plan for the short, medium and long term road to recovery, while maximising supply chain innovation.

We would like to invite supply chain decision-makers to join us during this virtual round table week to understand how you can get your supply chain back on track and simultaneously create a future proof supply chain that is benefiting from current technologies.

To ensure that you participate in the most relevant discussion, we have highlighted four different themes of discussion that are relevant for supply chains today: Data ownership, Integration,  Risk management and Circular supply chains.

Virtual Round Table 1: When data ownership and trust collide

Data ownership is a topic that has become increasingly important, especially in the context of supply chains where multiple parties are involved; data sharing often becomes a pain point. There is a lack of trust as the different parties fear what will happen to the data they share, who will have access to it and what will they do with it. Thus, in this discussion, we’ll explore how companies are overcoming this obstacle and the technologies they’re adopting or planning to adopt, to pave the way towards greater trust between parties in the supply chain.

Join us on 29/06 @ 15:00 CET to explore the theme of data ownership in supply chains! 

Virtual Round Table 2: Integration – your supply chain salvation

A first step towards innovating and future-proofing your supply chain is looking at your internal and external systems and understanding where integration is needed. This process of breaking down siloed systems is complex but it can help you overcome a plethora of challenges that have been brought to light by the current situation. Both internal challenges such as lack of data centralisation and external challenges, such as a disconnected supplier network can be improved with integration. By tightly integrating your supply chain you will be able to not only benefit from Industry 4.0 technologies but also create a supply chain that is optimised for any possible disruption that might come your way.

Join us on 30/06 @ 15:00 CET to explore the theme of supply chain integration! 

Virtual Round Table 3: Risk management in uncertain times

The importance of risk management is now more than ever becoming apparent. It is necessary to have strategies in place or ready to be implemented for both everyday and unexpected risks to reduce supply chain vulnerability, control costs and ensure your supply chain is stable. To do so it is also essential to have access to crucial information that allows risk management to work on a proactive basis rather than reactive. This prevents your supply chain from being unexpectedly disrupted.

Join us on 02/07 @ 15:00 CET to explore the theme of supply chain risk management! 

Virtual Round Table 4: The circular supply chain 

As there is an increasing concern regarding businesses’ environmental impact, some supply chain decision makers are looking to modify their supply chains to be more sustainable. While ensuring the strategic value of their business is kept at the heart of this transition, a solution that is being explored is a circular supply chain. The traditionally linear supply chain can bring in unnecessary costs derived from factors such as raw material costs and market volatility. By moving towards a circular supply chain it can be possible to reduce your long term costs as materials are reused rather than wasted, you are less susceptible to price volatility and most importantly you are contributing towards a more sustainable future.

Join us on 03/07 @ 15:00 CET to explore the theme of circular supply chains!

To ensure that we have time to explore the topics mentioned above, we have put together a rough schedule for the round table discussions:

• 3:00 pm: Welcome by Trifork
• 3:05 pm: Participants to introduce themselves
• 3:20 pm: Discussion of the theme
• 4:05 pm: Wrap Up and Next Steps
• 4:15 pm: End of the session

As we have a limited number of spots for each round table discussion, we encourage you to sign up now to guarantee your participation!