Supply Chain Risk Management

1. Supply Chain Risk Management is a coordinated set of collaborative and structured approach to plan and execute all steps in the global network used to: acquire raw materials from vendors transform them into finished goods, and deliver both goods and services to customers. Business Continuity Management Supply Chain Resiliency Related terms: Supply Chain Risk, Supply Chain Disruption, Supply Chain Vulnerability Notes (1): It is the intersection of Supply Chain Management and Risk Management. Notes (2): It forms part of the planning and control aspect of the supply chain and includes chain-wide information sharing, planning, resource synchronization and global performance measurements. Notes (3): It handles risk which may affect the achievement of the supply chain goal. (Source: Business Continuity Management Institute - BCM Institute)