As a global management consulting firm, A.T. Kearney is focusing on strategic and operational CEO-agenda concerns, and leading startegists at AT Kearney often have articles appearing in Supply Chain Mangement Review (SCMR). Today I will take a closer look at Bringing Rigor to Risk Management, written by Kish Khemani in 2007. Risk management is emerging as a key focus area for corporations, especially in terms of the extended supply chain and Bringing Rigor to Risk Management is a very brief and concise 2-page article, but it manages to highlight the key points that are important in managing supply chain risk. Why is managing supply chain risk important? As they take on expanded responsibilities for global sourcing, supply chain managers are also increasingly required to manage risk in terms of brand, reputation, and ethical sourcing, not just procurement and purchasing risks. In other words, supply chain risk management is increasingly becoming overall enterprise risk management.

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