Recipe for a Successful Supply Chain Risk Management
For everyone involved in implementing Supply Chain Risk Management (SCRM) riskmethods has put together a “Recipe for Successful Supply Chain Risk Management” – using only the best ingredients 😉
The SCRM recipe
Our recipe is intended to provide companies with a checklist containing all ingredients that are important for setting up professional, successful supply chain risk management. In this way, time-consuming delays and costly errors can be avoided. The individual chapters contain detailed descriptions on the following ingredients for a comprehensive supply chain risk management process, and how to drive highest organizational adoption:
- Definition of the scope
- Definition of risks to be monitored (“Risk Inventory”)
- Supply chain transparency
- Risk identification
- Impact assessment
- Action plan management for minimizing risks
- Integration into further procurement processes
As the approach described in this white paper is a generic one, specifics must be adapted to the relevant sector and company size in order to adapt a generic concept accordingly . You can find a detailed description of benefits and the return on investment of supply chain risk management in the “ROI of Supply Chain Risk Management” study.
As is the case with any dish: Adjust the ingredients according to your personal (company-specific) liking!
Watch out for our ingredients – And enjoy your meal 🙂