Small and medium-sized enterprises (SMEs) make up the majority of enterprises in most countries, and thus often play a considerable role in supply chains, yet they often lag behind in implementing effective risk management practices. For SMEs, the establishment of a risk management system is essential to their survival and their business continuity, and a potential supply chain partner may also want to assess the proper implementation of a risk management system before engaging in a relationship. That is why Thomas Henschel wrote Risk Management Practices of SMEs. Evaluating and Implementing Effective Risk Management Systems, where he provides precise recommendations for the implementation of an effective risk management in SMEs.

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