Enterprise Risk Management in Supply Chains

David L. Olson and Desheng Wu
Additional contact information
David L. Olson: University of Nebraska
Desheng Wu: University of Chinese Academy of Sciences

Chapter 1 in Enterprise Risk Management Models, 2020, pp 1-15 from Springer

Abstract: Abstract Enterprise risk management began focusing on financial factors. After the corporate scandals in the U.S. in the early 2000s, accounting aspects grew in importance. This chapter discusses models applied to risk management in the context of supply chain management and related disciplines. In recognition of its growing importance to supply chain management environmental risk issues are also discussed. A representative risk framework based on the work of Ritchie and Brindley is used as a beginning framework. It begins by identify causes (drivers) of risk, and influencers within the organization. Those responsible for decision making are identified, and a process outlined where risks, responses, and measures of outcomes are included. A process of risk identification, assessment, strategy development and selection, implementation and monitoring is reviewed. Representative mitigation strategies were extracted from published sources.

Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-662-60608-7_1

Ordering information: This item can be ordered from
http://www.springer.com/9783662606087

DOI: 10.1007/978-3-662-60608-7_1

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().