Supply Chain Risk Management
The concept reviews the literature, presents some examples and determines the main advantages, capabilities and success factors of the SCRM. It aims to provide an understanding of the business requirements needed for supply chain risk management from a practitioner perspective.
Technique Overview
Supply Chain Risk Management Definition
Supply chain risk management (SCRM) is a set of activities aimed at reducing supply chain risks. These activities often include identifying supply chain risks, assessing the probabilities and the severity of impacts, prioritising the risk event to be dealt with and developing actions for mitigating risks or planning backup actions (Vanany et al., 2009).
Supply Chain Risk Management Description *
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Business Evidence
Strengths, weaknesses and examples of Supply Chain Risk Management *
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Business Application
Implementation, success factors and measures of Supply Chain Risk Management *
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Professional Tools
Supply Chain Risk Management videos and downloads *
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Further Reading
Supply Chain Risk Management web and print resources *
Supply Chain Risk Management references (4 of up to 20) *
- Abubakar Ali, Amr Mahfouz, Amr Arisha, (2017) "Analysing supply chain resilience: integrating the constructs in a concept mapping framework via a systematic literature review", Supply Chain Management: An International Journal, Vol. 22 Issue: 1, pp.16-39
- CIPS Australia: Opening the Way to Successful Risk Management in Procurement and Supply.
- CIPS Australia: Risky Business.
- -Risk Management in Food Supply Chains-
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