{"id":10191,"date":"2020-10-28T07:56:30","date_gmt":"2020-10-28T11:56:30","guid":{"rendered":"https:\/\/www.certitrek.com\/nlpa\/blog\/2020\/10\/28\/deploying-risk-resilience-supply-sustainability-management\/"},"modified":"2023-11-30T11:09:20","modified_gmt":"2023-11-30T15:09:20","slug":"deploying-risk-resilience-supply-sustainability-management","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nlpa\/blog\/deploying-risk-resilience-supply-sustainability-management\/","title":{"rendered":"Deploying Risk, Resilience, and Supply Sustainability Management"},"content":{"rendered":"<p>Next Level Purchasing Association\u2019s definition of Risk, Resilience, and Supply Sustainability Management is:<\/p>\n<p>\u201cA reliable, efficient, cost-effective, collaborative, responsive, agile, risk mitigated, and socially responsible methodology for the procurement of mission-critical inputs that create innovative value to meet customer and organizational requirements with the least possible impact on the environment\u201d.<\/p>\n<p><strong>Source:<\/strong> Next Level Purchasing Association, 2020<\/p>\n<p><strong>The Criteria of Risk, Resilience, and Supply Sustainability Management or Sustainable Procurement:<\/strong><\/p>\n<ul>\n<li>Reliability<\/li>\n<li>Efficiency<\/li>\n<li>Cost-effectiveness<\/li>\n<li>Collaboration<\/li>\n<li>Responsiveness<\/li>\n<li>Agility<\/li>\n<li>Innovative Value Creation<\/li>\n<li>Minimal environmental impact<\/li>\n<li>Continuity of Supply<\/li>\n<li>Visibility<\/li>\n<\/ul>\n<p>NLPA\u2019s Subject Matter Experts have designed the following robust framework for the realization of the above definition of Risk and Supply Sustainability Management. The model is underpinned by customer | market | business requirements and understanding one\u2019s organizational landscape. The outputs of such an understanding are the formulation of innovative and executed strategies that are engrained in the organizational DNA.<\/p>\n<p>The key is to integrate the Procurement Strategy and Risk Mitigation and Supply Sustainability. Make it strategic not a side issue!<\/p>\n<p>NLPA\u2019s Model for realizing Risk and Supply Sustainability Management<strong>\u2122<\/strong><\/p>\n<p><img decoding=\"async\" class=\"lazyload alignnone size-medium wp-image-18841\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27600%27%20height%3D%27446%27%20viewBox%3D%270%200%20600%20446%27%3E%3Crect%20width%3D%27600%27%20height%3D%27446%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.nextlevelpurchasing.com\/wp-content\/uploads\/2020\/11\/risk.png\" alt=\"deploying\" width=\"600\" height=\"446\" \/><\/p>\n<p><strong>Source:<\/strong> Next Level Purchasing Association, 2020<\/p>\n<p><u>Process for deploying <\/u><u>NLPA\u2019s Model for realizing Risk and Supply Sustainability<\/u><strong>\u2122<\/strong>:<\/p>\n<p>Assemble the Category\/Commodity | Risk and Supply Sustainability Team to conduct the following process:<\/p>\n<p><strong>Step 1:<\/strong>\u00a0Gather Customer | Market | Business \u2013 Requirements <strong>(Plan Phase)<\/strong><\/p>\n<p><strong>Step 2:<\/strong>\u00a0Conduct Environmental Scan <strong>(Plan Phase)<\/strong><\/p>\n<p><strong>Step 3:<\/strong>\u00a0Develop your Corporate Strategy <strong>(Plan Phase<\/strong><\/p>\n<p><strong>Step 4:<\/strong>\u00a0Benchmark against Best in Class Supply Chain Sustainability Programs and Standards (<strong>Plan Phase)<\/strong><\/p>\n<p><strong>Step 5:<\/strong>\u00a0Plan \/ Develop a Risk and Supply Sustainability Strategy <strong>(Plan Phase)<\/strong><\/p>\n<p><strong>Step 6:\u00a0<\/strong>Execute Risk Mitigated Sustainable Procure to Pay Process <strong>(Do Phase)<\/strong><\/p>\n<p><strong>Step 7:\u00a0<\/strong>Execute Risk Mitigated Sustainable Production Processes <strong>(Do Phase)<\/strong><\/p>\n<p><strong>Step 8:\u00a0<\/strong>Execute Risk Mitigated Sustainable Logistics Processes <strong>(Do Phase)<\/strong><\/p>\n<p><strong>Step 9:\u00a0<\/strong>Measure Processes <strong>(Check Phase)<\/strong><\/p>\n<p><strong>Step 10:\u00a0<\/strong>Anchor | Institutional Sustainability Gains &amp; Repeat the Continuous Improvement Cycle<strong> (Act Phase)<\/strong><\/p>\n<p><strong>Note: <\/strong>Enable Best Practices in all process steps<\/p>\n<p><a href=\"https:\/\/www.certitrek.com\/nlpa\/individuals\/membership\/\"><span style=\"font-weight: 400\">Become a member of one of the world\u2019s largest procurement associations today.<\/span><\/a><\/p>\n<h5>Recommended Reading<\/h5>\n<ul>\n<li><a href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/supply-chain-risk\/\">Supply Chain Risk<\/a><\/li>\n<li><a href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/achieving-supply-sustainability-through-effective-metrics\/\">Achieving Supply Sustainability Through Effective Metrics<\/a><\/li>\n<li><a href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/effective-logistics-problem-solving\/\">Effective Logistics Problem Solving<\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/courses\/supply-management-executive-leadership\/\"><span style=\"font-weight: 400\">Supply Management Executive Leadership<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.certitrek.com\/nlpa\/news\/purchasing-articles\/lean-supply-management\/\"><span style=\"font-weight: 400\">Lean Supply Management<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/courses\/supply-management-contract-writing\/\"><span style=\"font-weight: 400\">Supply Management Contract Writing<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/the-truth-about-just-in-time-supply-management\/\"><span style=\"font-weight: 400\">The Truth About Just in Time Supply Management<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/analysts-value-in-purchasing-supply-management\/\"><span style=\"font-weight: 400\">Analysts Value in Purchasing &amp; Supply Management?<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/supply-management-and-performance\/\"><span style=\"font-weight: 400\">Supply Management and Performance<\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.certitrek.com\/nlpa\/blog\/the-importance-of-supply-chain-visibility-for-procurement\/\">The Importance of Supply Chain Visibility for Procurement<\/a><\/li>\n<\/ul>\n<p class=\"p1\"><span class=\"s1\"><a href=\"https:\/\/lms.nextlevelpurchasing.com\/\"><b>NLPA Learning<\/b><\/a><\/span><span class=\"s2\"><b>:<\/b> Looking for authoritative procurement templates, tools, webinars, and more? Stop trying to create resources from scratch and start taking advantage of having exactly what you need right at your fingertips in <a href=\"https:\/\/lms.nextlevelpurchasing.com\/\"><span class=\"s1\">NLPA Learning<\/span><\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Next Level Purchasing Association\u2019s definition of Risk, Resilience, and Supply [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":10195,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[265,269,103,267,268],"tags":[273,272,274,194,209,270,271],"class_list":["post-10191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-management","category-environmental-management","category-risk-management","category-supply-chain-management","category-sustainability","tag-business-continuity","tag-deployment","tag-environmental-sustainability","tag-resilience","tag-risk-management","tag-supply-chain","tag-sustainability"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v19.13) - 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