Supply Chain Risk Management

298 • Supply Chain Risk Management: An Emerging Discipline

e importance of the information technology enabler cannot be over-

estimated when striving for supply chain visibility.

Benchmark Risk Management Practices against Industry Leaders

Benchmarking is the continuous process of measuring products, services,

processes, and practices of a rm against world- class competitors or those

companies recognized as industry or functional leaders. Why benchmark

risk management practices? In short, benchmarking helps accelerate the

development of best practices from any industry, stimulate and motivate

those who must implement benchmarking ndings, break ...