The Role of Managing Risk in our Supply Chains
Define Supply Chain Risk Management as the implementation of strategies to manage every day and exceptional risks.
Discussion Prompt:
Read on an article about The Role of Managing Risk in our Supply Chains to answer the following.
Our text provides multiple bases for understanding and utilizing SCRM. Provide up to three primary reasons on why organizations should focus on SCRM.
Support these reasons with two or three risk concepts and/or risk approaches.
Define Supply Chain Risk Management as the implementation of strategies to manage every day and exceptional risks.