Session held on 2nd August 2022
State of Flux have used time during the pandemic to develop and launch a new global standard for organizations to ensure that their suppliers are safe to operate in virus threatened and other volatile environments without causing further supply chain disruption, or breaching employee human rights, yet keep the resiliency to operate within difficult and challenging circumstances. Working with the International Trade Centre, (a multilateral agency with WTO and UN joint mandate on Trade and Development), State of Flux developed this one-of-a-kind standard over the last year. An extension of sustainable procurement efforts, but very much in an ESG context, this standard is freely available as a ‘Safe Supplier Operating Standard’ and provides organizations with a template methodology and process to determine how well prepared their suppliers are to deliver and service your needs safely, while also identifying and managing areas of potential risk, including viruses like Covid-19. Understand how you can use this standard within your organisation and develop it internally to your needs to ensure a higher standard of supplier safety, especially when delivering to site or working on site in future.
Your expert presenter
Frank Lai is a management consultant with expertise in supplier management, sustainable procurement, risk management, cost optimisation and data analytics. He is experienced in supply chain and procurement across a number of industries, and has an excellent track record of delivering positive strategic outcomes for clients. With extensive overseas experience in supplier management, contract negotiation and procurement, Frank is results oriented with demonstrated ability to vigorously assess, analyse and provide optimum solution to pressing challenges. He holds a PhD from the University of Melbourne, investigating the application of financial risk management techniques to assess and evaluate uncertainties, and has also been delivering lectures in the Faculty of Business and Economics, and Melbourne School of Engineering.