June 2015
Intermediate to advanced
261 pages
7h 36m
English
Content preview from Managing Supply Chain Risk
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58 • Managing Supply Chain Risk
supplier failure to be less of a risk in the future. A close assessment of these
13 rms reveals that they have done the most to build risk considerations
into as many SCM applications as possible.
Some of the top risk factors are to a large extent beyond the control of
buying organizations (e.g., natural disasters, default or ruin of supplier,
geopolitical events, or perhaps even supplier failure). Managers insisted
that while preventing these will not always be possible, reacting to them
quickly is an option through contingency planning.
Risk Response
Table3.12 suggests that companies use a wide range of response ...
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