Logistics and Supply Chain Management, 6th Edition

Understanding the supply chain risk profile

Many organisations today are addressing the issues of what has come to be termed ‘business continuity’. In practice, however, there tends to be a limited focus for much of business continuity management. There is a strong focus on IT and internal process management but often the wider supply chain risk dimension is not considered. This is paradoxical as it can be argued that the biggest risk to business continuity may be in the wider network of which the individual business is just a part.

To widen the focus on supply chain vulnerability it is suggested that a supply risk profile be established for the business. The purpose of the risk profile is to establish where the greatest vulnerabilities lie ...