
96 • Managing Supply Chain Risk
SCRM frameworks have also been proposed (Hallikas et al. 2004;
Kleindorfer & Saad 2005; Manuj & Mentzer 2008; Tummala & Schoenherr
2011). ere are many similarities in these frameworks, though there is no
consensus on the scope of SCRM (Sodhi et al. 2012). In some cases, the
concepts are the same, but the terms used are slightly dierent (e.g., risk
assessment versus risk evaluation) and some frameworks do not explicitly
identify key processes (e.g., monitoring and review). Table5.1 compares
four SCRM frameworks with the ISO 31000:2009 standard.
TABLE5.1
Comparison of Proposed SCRM Frameworks to ISO 31000:2