Value Generation through Supplier Risk Management is a survey that aims to explore the potential value of effective risk management in supplier relationships and to provide insight into the supplier risk management practices and attitudes of organizations across multiple industry segments.
Companies should design their portfolios of manufacturing and supplier networks to minimize the total landed-cost risk under different scenarios. The goal should be identifying a resilient manufacturing and sourcing footprint—even when it’s not necessarily the lowest cost one today.
The norm in supply chain management is that variability is detrimental to performance as it causes cost in the form of stock-outs, poor capacity utilisation, and costly buffers. This paper questions this approach and argues that in the light of increasing turbulence a different approach to supply chain management is needed.
What is supply chain risk in turbulent environments really…simply old wine in new bottles or something profoundly new?
