An introduction to supply chain risk management
Many organisations are increasingly concerned about their supply chain risk, not only the traditional supplier issues of late delivery and poor quality but also other risks with security, environmental, social and ethical impacts. What’s more, the effective management of these risks is becoming more taxing as supply chains become increasingly complex, in part due to globalisation, new technologies and customer demand for variety. The good news is that formal Supply Chain Risk Management (SCRM) techniques can help.