Supply Chain Risk Management

Supply Chain Risk Management: e As-Is Landscape • 35

• Institute a multistakeholder supply chain risk assessment process

across the enterprise

• Mobilize international standards’ bodies to further develop resil-

ience standards

• Incentivize corporations to follow agile, adaptable supply chain strategies

• Expand the use of data- sharing platforms for risk identication

and responses

A RIMS.org article mentioned the Risk Maturity Index developed by

AON Insurance and the Wharton School of Business. e index suggests

that companies with the highest level of risk maturity (a measure that

gauges the development of an organization’s risk strategy and framework)

experience 50% lower stock price volatility than less- developed counter-

parts. Over ...