All posts tagged
supply chain risk management

2010/06/11 from the LITERATURE 4 reactions

State of the art in SCRM?

A severe supply chain disruption has hit my own blog: More than a month without a post. It’s not that there is so little to write about, it’s just that there is so little time to do it, which is why I’ve decided to reurn to a once weekly posing schedule. Nonetheless, what better occasion could there be to resume my posting than the discovery of an article proclaiming to provide a review of the state of the art in supply chain risk management? The literature review and conceptual framework developed by Hans-Christian Pfohl, Holger Köhler and David Thomas clearly identifies the main principles of SCRM and develops a framework and definitions for disturbance, disruption, security, resilience and risk. Supply chain risk management, so they say, is a process with evolutionary steps, involving no less than 17 underlying principles. Phew…

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2009/08/17 from the LITERATURE 4 reactions

Risk management: core competence?

Is risk management overlooked as an important source of competitive advantage? That is the question sought answered by Donald Lessard and Rafael Lucea in their recent paper on Embracing risk as a core competence: The case of CEMEX. While the case itself is interesting, what the paper does highlight most is that instead of shedding risk, companies should accept risk as an opportunity. It should be welcomed, not feared. Why?

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2009/08/10 from the LITERATURE No reactions yet

A future framework for measuring supply chain risk management and performance

Today’s article is a continuation (or should it rightfully have been the precursor?) of an article I presented two weeks ago. Supply chain risk management and performance: A guiding framework for future development is written by Clare Brindley and Bob Ritchie. In so many ways it is very similar to An emergent framework for supply chain risk management and performance measurement, another article by Clare Brindley and Bob Ritchie that has previously been reviewed on this blog, but in so many other ways it is also very different.

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2009/08/03 FEATURED No reactions yet

Supply Chain Risk Management in six steps

Supply management is not just about acquiring goods and services at the best possible price. It’s also about identifying possible disruptions to the supply chain and taking steps to mitigate them. So said James Kiser and George Cantrell in their 2006 article Six Steps to Managing Risk, where they discussed six steps that a company can take to build a plan for dealing with potential supply disruptions.

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2009/07/29 from the LITERATURE No reactions yet

Measuring supply chain risk management and performance

This paper was suggested by one of my readers, and upon reading it I must admit that it IS one of the better papers on supply chain risk management I have come across this year: An emergent framework for supply chain risk management and performance measurement by Bob Ritchie and Clare Brindley. Not only do the authors convey in a clear and precise manner what supply chain risk management is all about; they also construct a framework that provides a description of the factors that affect the nature of the risk management responses in particular situations.

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