Supply Chain Risk Management
Managers create, preserve, or erode business value via the decisions they make across the full range of supply chain activities, from setting strategy to managing daily operations. In making these decisions, business leaders must consider how individual risks interrelate, and they must develop a cohesive perspective on risk tolerance and mitigation at several levels: enterprise, business unit and regional. This is where supply chain risk management comes into play: It is a process designed to identify potential risks to the supply chain and ensure a company stays within its risk tolerance threshold.
Supply Chain Edge has a proven approach to supply chain risk management, working with a company's CEO, COO, business unit presidents, supply chain management, IT management, and finance organization to identify and analyze risks to the achievement of supply chain objectives. We assess these risks in terms of both probability and impact, enabling our clients to determine how risks should be managed and in which areas contingency plans are required.
