2009/11/12
I said in my post on Bob Ferrari’s blog Supply Chain Matters that I was going to resurrect my previous habit of presenting and reviewing supply chain risk blogs. A promise is a promise, so here is a high-quality blog for you, the Kinaxis Blog, or as they put it themselves: The 21st Century Supply Chain. And is it a correct tagline? Yes, I think so. But is there anything supply chain risk? Oh yes, most definitely so, very much indeed. Actually, I should have known, because no less than two days ago I was referring to an interview with Gary Lynch, when reviewing his latest book, The Single Point of Failure.
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2009/08/17
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
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
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
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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