2008/10/22 ARTICLES AND PAPERS

Avoid Supply Chain Breakdown by Tailoring Your Risk Management

risk-mitigation-cost

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. [ ... ]