
A Longitudinal Study of Supply Chain Risk Management • 133
Need: Firms indicated that there is a signicant need to make SCRM
part of their strategic planning and processes. ere is recognition that
risk impacts company objectives and that risks need to be managed pro-
actively. e observations are relatively consistent across surveys 1 and 2,
and there are no statistically signicant dierences for any items. Despite
perceived SCRM importance, some of the results discussed below suggest
that rms are not suciently allocating or developing resources for SCRM.
Approach: Risk management requires an integrated approach. Such
integration presents ...