Managing Supply Chain Risk

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Introduction

On behalf of Western Michigan University (WMU) and the Center for

Integrated Supply Management, our group conducted a research proj-

ect about the potential for managing risks in supply chain management

(SCM). Managing supply chain risks is emerging as a viable, proactive,

and strategic SCM application. is project’s focus is on the structure,

implementation, and maintenance of a formal system for managing risks

in the supply chain. A common theme is that the decision to manage sup-

ply chain risks constitutes a major undertaking for most rms. Such an

undertaking, it is argued, does not take place in a vacuum. Rather, it is

a response ...