Supply Chain Risk Management

Grazyna Wieteska
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Grazyna Wieteska: University of Lodz

Chapter 5 in Managing Towards Supply Chain Maturity, 2013, pp 133-159 from Palgrave Macmillan

Abstract: Abstract Supply chain risk management (SCRM) is based on the same methodology as enterprise risk management (ERM). It presents risk management as a process composed of a number of stages (AIRMIC/ALARM/ IRM: 2002; COSO 2004; HM Treasury 2004; ISO 31000:2009; Fraser and Simkins 2010, p. 103): 1. threat identification (related to objectives, values); 2. risk measurement (probability and consequences of an event); 3. risk evaluation (identification of its acceptability); 4. risk treatment (making a decision on how to influence the risk); 5. risk monitoring and control.

Keywords: Supply Chain; Risk Management; Supply Chain Management; Foreign Supplier; Supply Chain Risk (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-35966-7_6

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DOI: 10.1057/9781137359667_6

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