SUPPLY CHAIN RISK MANAGEMENT BLOG

Recipe for a Successful Supply Chain Risk Management

Feb 13, 2015    Heiko Schwarz

 


For everyone involved in implementing supply chain risk management (SCRM) riskmethods has put together a “Recipe for Successful Supply Chain Risk Management” – using only the best ingredients ;)

We put that all together in a whitepaper which will be published end of February. To all our blog readers we will exclusively give some insights on our finest ingredients….

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Our recipe is intended to provide companies with a checklist containing all ingredients that are important for setting up professional, successful supply chain risk management. In this way, time-consuming delays and costly errors can be avoided. The individual chapters contain detailed descriptions on the following ingredients for a comprehensive supply chain risk management process, and how to drive highest organizational adoption:

  • Definition of the scope
  • Definition of risks to be monitored (“Risk Inventory”)
  • Supply chain transparency
  • Risk identification
  • Impact assessment
  • Action plan management for minimizing risks
  • Integration into further procurement processes

As the approach described in this white paper is a generic one, specifics must be adapted to the relevant sector and company size in order to adapt a generic concept accordingly . You can find a detailed description of benefits and the return on investment of supply chain risk management in the “ROI of Supply Chain Risk Management” study.
As is the case with any dish: Adjust the ingredients according to your personal (company-specific) liking! 

Watch out for our ingredients – And enjoy your meal :)

Download the whitepaper: Recipe for successful supply chain risk management


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