148 • Managing Supply Chain Risk
ough risk management is part of that process, few rms in this study
integrated supplier into product development specically to reduce risks.
Since risk is best addressed in early development, is this a potentially
important process for rms to adopt? One complaint is that assessing sup-
plier risk delays the development process. Will supply personnel increas-
ingly need to adopt rapid process assessment techniques to contribute to
early stage risk mitigation eorts?
REFERENCES
Ballou, B. & Heitger, D. 2005. A Building Block Approach for Implementing COSO’s
Enterprise Risk Management- Integrated Framework. Management Accounting
Quarterly, 6: 1–10.
Beasley, M., Clune, R., & Hermanson, D. 2005. ERM: A Status Rep ...