Effective Supply Chain Risk Management has become one of the key ways of securing competitive advantages for companies. Many students are trying to understand more about it and researching it, and based on the comments and feedback I receive on this site, many students (but also industry professionals and researchers) have found this blog a very helpful resource in their daily line of work. Today’s post is a favor towards Mrunal Korde, a MSc in Logistics and Supply Chain student at Curtin Singapore. Mrunal contacted me the other day, asking for suggestions where to post a survey on supply chain risk management that he was doing as part of his studies, and after some correspondence I agreed to help him in promoting the survey on this blog.
Short and succinct
The survey targets professionals working in supply chain related functions and I hope that those readers of my blog can spare some minutes of their time and answer Mrunal’s survey on supply chain risk management.
The survey addresses SCRM along four dimensions:
- supply chain risk awareness
- supply chain risk identification
- risk assessment and evaluation
- risk mitigation approaches
It’s a short survey, and it shouldn’t take much time, probably much less than 10 minutes. I should add that the surey is meant for a worldwide audience, not just Singapore. Please follow the link below.
Survey highlights
What will be interesting to see is which of the following risks contained in the survey that has increased during the last 5 years:
- Globalization and outsourcing
- Economic uncertainty
- Technology advancements and shorter product life cycles
- Natural disasters
- High customer service level expectations
Another set of interesting answer may be found in the risk mitigation efforts they survey lists
- Performance evaluation for suppliers/ distributors
- Maintaining buffers to avoid operational risks
- Staff awareness training and empowerment
- Implementation of business continuity / contingency plans
- Insurance
- Financial instruments (forward buys, foreign currencies etc.)
Overall, I think this is a survey that captures the essence of supply chain risk management and is thus worth responding to.
Author link
- linkedin.com: Mrunal Korde
Related link
- freeonlinesurveys.com: Supply Chain Risk Management Survey
Related posts
- husdal.com: Measuring supply chain risk management
Are you too doing supply chain risk research?
Are you a student or researcher in supply chain risk or related subjects? I’d be more than happy to promote your research, surveys, survey results, reports and papers on this blog. Please get in touch and I’ll see how I can help you to spread the word about yourself and what you are doing.
