October has been a good month. We started out the month with a tour at Ariens company. I'm looking forward to our next couple meetings before the end of the year. Take the opportunity to register for our upcoming monthly meetings.
This past year we were able to recruit a few additional people to help out on the board. Within the next couple of newsletters I will have some more information on those volunteers and their roles within the board. I want to remind you of this because there are more positions that we are looking for voluneers for. If you are interested in helping out in any aspect on the Board of Directors, please contact me. Enjoy the rest of the month. We are looking forward to seeing you at the next monthly meeting.
ISM Northeast WI - President of the Board of Directors
The ISM group took a tour of the Ariens Company plant in Brillion on Tuesday, October 9th. The Ariens group toured the plant where the snow blowers are built. The group got a tour from Tom Pitts, in Operations, who walked the group through the extensive fabrication area, paint, and assembly process. He talked about how the plant built snow blowers year round with 3 shifts of fabrication and assembly. It was a great opportunity to understand how the operations of a global manufacturer in the area is run.
The October board member of the month is Shawn Gross. Shawn joined the board this year. We sat down with him to ask him a few questions about himself and why he decided to join the board.
How long you have been in the sourcing profession? What positions you have held? My current employer is J.J. Keller & Associates. I’ve been employed for 4-1/2 years with roles of Sr. Buyer and my current role of Sr. Strategic Buyer. I’ve held previous positions of MRO Buyer, Commodity Manager and MRO Purchasing Manager.
What is your degree in? I have a Technical Degree in Electro-Mechanical Technology. I also have Certificates in Lean Enterprise and Principles of Management along with many other trainings.
Why you are a board member? I have been a member of ISM for 4 years. During this time, I’ve seen several members volunteer to help keep ISM an effective learning tool for its members. I’m at a time in my life that gives me the extra time to give back and help make a difference. It’s also a great experience to become a board member and I enjoy the collaboration with others.
What are you most excited about? I’m excited to be involved with decisions that affect our local ISM chapter. I look forward to the challenges of keeping members engaged and finding the appropriate training styles to keep everyone coming back year after year.
Tuesday, November 13th - 7 to 9 AM - Liberty Hall
Risk is a term that is fraught with ambiguity and prevalent in most aspects of any supply relationship. While commercial failure is what is most commonly associated with supply risk, it is not the only source of loss of supply. Acts of nature, economic and political pressures, changes to industry regulations, supply market consolidation, forward integration and government instability are all sources of supply risk that need to be considered. (A recent Vollrath acquisition yielded a supply chain that included sources in Pakistan and Turkey)
The approach to managing supply risk has been threefold:
1) Simplify, identify and segment– consolidate to a smaller supply base and identify which suppliers would potentially be the most damaging to lose
2) Monitor, communicate and visit – implementation of a system that monitors commercial, economic and political risk. Establish stronger ties between those interacting with the suppliers and those that are monitoring – triangulate with delivery, lead time and fulfillment% information. Red flags may require an onsite visit and/or audit.
3) Contracts – For suppliers of critical products, establishing agreements requiring notification of supply changes, maintaining strategic inventories, management and reporting of agency approvals (i.e. UL), supply exclusivity, etc. Also inclusion of bailment agreements for company owned assets.
The trade environment in 2018 has yielded significant challenges and volatility to cost and supply management in the face of escalating tariffs, currency volatility and supply constraints. This year has underscored the need to consider market risk in aggregate as a threat to business revenues and to adopt supply chain resiliency as a key risk mitigation component of any category strategy.
Speaker - Marc Durant, Director of Purchasing - Vollrath Company
Don't wait to register! Click here to register.
How to Write Contracts for Procurement Professionals
Tuesday, December 11th - 12-1:30 pm - Webinar (access will be sent in a link)
Click here to register today!
To view the events for the year click here.