June 2015
Intermediate to advanced
261 pages
7h 36m
English
Content preview from Managing Supply Chain Risk
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30 • Managing Supply Chain Risk
any risk reduction process by using standard supply chain performance
measures (e.g., cost, quality) does not directly assess the relative success of
the risk mitigation eort. It can only be inferred that the FMEA mitigated
risks and thus supported better supply performance.
Table2.7 indicates that FMEA processes can be improved, that FMEAs
are intended to be applied globally, and that the eort is cross functional
though it needs to be championed by a few personnel. ere are some
concerns that FMEA is executed consistently, however. One manager sug-
gested that FMEA has signicant benets “…if treated as t
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