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Avoid Supply Chain Breakdown – Tailored Risk Management

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In Chopra and Sodhi (2004) ‘Managing Risk to Avoid Supply-Chain Breakdown’ the first key message is that some mitigation strategies may actually increase risk in some business areas, rather than reduce it.The second key message is that the cost of mitigating or building up a reserve must be balanced against the level of risk.

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ARTICLES and PAPERS
Supply chain risk - in your head?
The risk perception an individual supply chain professional has influences the risk management strat[...]
Logistics risks - the new science?
Can logistics become an academic discipline? And can logistics risk be my new academic discipline? A[...]
BOOKS and BOOK CHAPTERS
Book Review: Logistics and Supply Chain Management
This book by Martin Christopher, Logistics & Supply Chain Management, is one of the better if [...]
Book review: Cost-Benefit Analysis: Theory and Application
I really enjoyed reading Cost-Benefit Analysis: Theory and Application by Tefvik Nas.  I used this b[...]
REPORTS and WHITEPAPERS
Supply chain vulnerability: an invisible global risk?
Supply chain disruption - a global issue? All companies and governments dependent on external suppli[...]
Global Risks 2009 - Countries at risk?
How will the current financial downturn affect supply chains? That's what we all wonder about, isn't[...]
from HERE and THERE
Why we need to think the unthinkable
Immediately after September 11, 2001, "critical infrastructure" and "vulnerability" seemed to be the[...]
A lesson in supply chain disruption: German railways during WWII
Now this may seem totally off topic, but I have become so engrossed with modern-day supply chains th[...]