Tag Archives: iso

Risk management – Vocabulary

What is risk management in supply chains? The more I study supply chain risk management, the more confused I get. The supply chain risk literature is inconsistent at best at conflicting at worst. There are so many terms and definitions,  and each author, book, paper, or article seem to have its own way of describing the subject matter. Perhaps they haven’t heard about ISO Guide 73:2009 Risk Management Vocabulary? After all, it provides the definitions of many of the generic terms related to risk management. That is why this post will present some of the most frequent used terms relating to the management of risk in an attempt to promote a coherent approach to the description of activities. Will it help? I’m not sure, but the least I can do is spread the word.

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ISO 28002 – Supply Chain Resilience

Have you heard of ISO 28002?  No? You should take note of this standard, because the ISO 28000 series specifies the requirements for a security management system for the supply chain. The standards address potential security issues at all stages of the supply process, thus targeting threats such as terrorism, fraud and piracy. The most recent addition to the series is ISO 28002: Security management systems for the supply chain – Development of resilience in the supply chain, published in September 2010. ISO 28002 details how an organization can engage in a comprehensive and systematic process of prevention, protection, preparedness, mitigation, response, continuity and recovery. This post will take an inside look at ISO 28002 and highlight the essential content.

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