DHSC: FinOps: Supply Chain Risk Management Market Engagement

The Department of Health and Social Care (DHSC) is inviting suppliers of supply chain risk management software to share information about their product. At this early stage, DHSC is wanting to gain a greater understanding of the range of solutions available, that can provide real-time intelligence and insights to identify risks of supply chain disruption for named suppliers, preferably in a cloud-based solution. Suppliers are also invited to provide indicative timescales for system implementation and high-level costings. We are keen to hear from both aggregators of risk data and specialist primary information providers. At this stage, we request that information is provided in written or recorded audio/visual format only. Suppliers may use their own discretion when determining what information to share, for example; sales literature, presentation slides or videographic information. DHSC is looking for solutions that provide supplier intelligence and risk factors in any, some or all of the areas listed below:

Supplier Intelligence

Organisational:

o key organisational changes; M&A activity; major changes in strategic direction etc

o business performance - key contracts won or terminated / press reports

o intel re Environmental / Social / Governance issues

o any persons of interest issues or other fraud / corruption publicity

o any noteworthy litigation issues - across Gov or public sector

Financial:

o financial health reports / key ratio analysis

o viability / supplier failure scores

o share price trends

o warnings re profits or breaches in financial covenants

Supply Chain Transparency

Regulatory:

confirmation of position (either positive in terms of compliance or negative in terms of non-compliance) re key Environmental, Social, Governance issues

o modern slavery

o net zero position

o fraud / corruption / key person risk

External Risk Factors

confirmation of position (either positive in terms of compliance or negative in terms of non-compliance) re other key risk factors

o cyber security

o supply chain management - such as prompt payment performance

o geo political exposure - either from a product / commodity risk perspective or from perspective of sourcing from politically compromised countries

Supply Markets Intelligence:

For selected supply markets that we are interested in:

• market size;
• existing suppliers; potential suppliers
• key players; trends;
• key info to undertake for SWOT, PESTEL etc
• info for price / cost benchmarking; VFM assessments; info for should cost models
• market risk analysis - geopolitical; reliance on few suppliers; technological changes etc

Please send relevant information to [email protected] and [email protected] by Friday 23rd August 2024.