
106 • Managing Supply Chain Risk
Risk reduction emphasized using approved suppliers, while risk sharing
emphasized supplier partnering and development.
Monitoring and Review (Clause 5.6): ere was a statistically signicant
increase in the monitoring and review practice of using credit and nan-
cial data analysis (Table5.17). Firms extensively monitor supply chain and
SCRM performance using a variety of techniques such as measurement
systems, supplier visits, and supplier process monitoring. Relatively few
rms benchmark SCRM processes to those of competitors. Firms appear
to be somewhat satised with supply chain performance (Table 5.18