Supply Chain is top of mind, in the news daily, and supply chain risk has gone from a semi-obscure discipline to cocktail party conversation.
The Covid-19 pandemic, business interruption, congested ports, labor shortages, inflation and geopolitical instability are all contributing factors to supply chain disruption that will affect how most businesses are run for years to come. As is often the case in difficult times, credit is an underlying factor that can bring stability, increase volatility or just delay problems to a later date. Supply chains and credit have never been more connected than they are now and going forward. Or at least, they should be.
Supply chain risk has been evolving rapidly for the past 7-10 years and the trends within this discipline are the foundation for how companies were positioned, or not, for the crises of the last two years. Understanding the changing sophistication of supply chain risk can help all credit and finance professionals contribute to their organizations’ abilities to come through these times with minimal impact and to be stronger going forward. Credit and supply chain risk need a symbiotic relationship that positions the credit professional as a partner to the procurement and supply chain organizations within their companies.
In this keynote, James H. Gellert, Chairman & CEO of RapidRatings, will discuss how rising interest rates, the end of federal pandemic assistance and credit market dynamics have the potential to create a second wave of today’s supply chain crisis that will affect us all. The energy industry is a vulnerable one, but it is only one of many to feel the impacts of all these factors. Energy credit professionals can be at the forefront of mitigating these problems and understanding them in depth is key. Risk can’t be avoided, but it can be managed thoughtfully.
1 hr CPE - Specialized Knowledge
Gain an understanding of Supply Chain Risk and how rising interest rates, geopolitical turmoil, the end of federal pandemic assistance and credit market dynamics have the potential to create a second wave of today’s supply chain crisis that will affect us all.