SCRM

A professor at Lehigh University in the US, a renowned author and founder of the global Supply Chain Risk Management Consortium, Schlegel will be presenting a one-of-a-kind workshop at the upcoming Sapics Conference in Cape Town.

Supply chain controls, especially supply chain risk management, have evolved significantly over the last 15 years, and will continue to do so over the foreseeable future.

* Jim Johnson, Office of the Secretary of Defense (OSD) Office of Supply Chain Integration--OSD and Supply Chain Risk Management

Managing Acquisition and Sustainment Supply Chain Risks, which evaluated Air Force supply chain risk management, states:

Many researchers have proposed resilience as the solution for supply chain risk management. Resilience is a proactive approach which helps to side step avoidable risks and bounce back quickly from unavoidable risks (uncertainties) in the supply chain.

The results are analyzed and discussed within a frame of reference based on supply chain risk management literature and on the premise that cargo theft risk is a function of both impact and probability.

In recent years, with the frequent occurrence of various supply chain risk, business has been greatly damaged, more and more people are aware of the importance of supply chain risk management, supply chain risk management has become research hotspot in the field of supply chain management (Freixo, 2014).

joined forces with ICIX, a supply chain risk management company based in San Francisco, to better collaborate with food manufacturers and manage private label requirements as part of its food safety and compliance program.

The Managers in different organizations do mitigate supply chain risks by relying on safety stocks, flexible transport and utilization of multiple sources; however in absence of effective supply chain risk management; the organizations may have to face untoward situations if some unforeseen events happen [34].