Blog Archives

The six ways of dealing with risk

Avoid, Reduce, Transfer and Retain or Accept are the classic four ways of dealing with risk in a risk matrix. However, there are two more: Exploit and Ignore.

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Risk Management: Contingent versus Mitigative

Risk management needs to address both sides of the risk: what lies behind the risk (source) and what lies in front of it (consequences).

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ARTICLES and PAPERS
Pork Barrel spending?
Why is it that some infrastructure projects in sparsely populated regions of Norway receive more fun[...]
SCRM Research Gaps
Supply Chain Risk Management is a area that has seen a significant growth in recent years. However, [...]
BOOKS and BOOK CHAPTERS
Book Review: Transportation Network Analysis
Transportation Network Analysis by M. G. H. Bell and Yasunori Iida is a book for the expert rather t[...]
Book review: Cost-Benefit Analysis
This book, Cost Benefit Analysis: Concepts and Practice (3rd Edition), by Anthony Boardman et al. is[...]
REPORTS and WHITEPAPERS
Managing supply chain risk
In September and October 2009 the Economist Intelligence Unit surveyed 500 company executives with r[...]
The Benefits of Investing in Supply Chain Security
With the memory of attacks by Somali pirates still fresh in mind, supply chain security has come to [...]
from HERE and THERE
1st Supply Chain Risk Management Seminar
A colleague from the SCNI network sent me a note about this seminar that I was unaware of. The Suppl[...]
Why risk is the buzzword in supply chain management
A new field has emerged with the field of supply chain mangement. It's called supply chain risk. Wha[...]