April 2016
Intermediate to advanced
334 pages
9h 59m
English
Content preview from Supply Chain Risk Management
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200 • Supply Chain Risk Management: An Emerging Discipline
scenario planning and what- if discussions to take place inside the S&OP
process. e end result was better mitigation of supply chain risks. Over
time, inventory was reduced by almost half and service levels improved
dramatically through scenario planning and subsequent risk response
plans to mitigate risks, if and when they appeared.
Combining probabilistic tools and techniques with formal risk assess-
ment methodologies can, as demonstrated by Huntsman, eectively iden-
tify, assess, mitigate, and manage risk while improving the bottom line.
CONCLUDING THOUGHTS
Most supply chain professio ...
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