Supply Chain Risk Management
Now that we have discussed a framework for integrated supply chains, we can return to the causes of supply chain disruptions and how integrated supply chains can mitigate the risks of poor performance from unwanted dynamics. Supply chain risk management focuses on managing the risks posed by any factor or event that can materially disrupt a supply chain. In this section, we address the management of operational, financial, and security risks and reveal important performance measures for tracking supply chain operations.
Operational Risks
Operational risks are threats to the effective flow of materials, services, and products in a supply chain. The following options reduce the risk for operational disruptions and also ...
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