Supply Chain Glossary

Supply Chain Risk Management

Definition
The systematic approach to identifying, assessing, and mitigating risks to minimize disruptions and safeguard supply chain performance.


Learn more about Supply Chain Risk Management

Reacting to risk: AI’s role in supply chain risk management
As supply chain risks continue to proliferate, more companies are turning to AI to help them identify potential disruptions, make data-based decisions and leverage new opportunities.
Analyzing the supply chain risks behind the top data breaches in 2024
An evaluation of the top 11 data breaches in the first half of this year found that supply chain cyber risks pose a serious challenge in many instances.
Supply chain strategy for medical devices: A Q&A with industry expert Sanjay Gupta
Supply chain leaders and managers in the medical device industry are often puzzled by the multitude of strategies, corporate directives, and transformation programs that claim to improve the performance of their supply chain operations. Imbed…
The 3 types of cyberattacks affecting global supply chains
Cybercriminals exploit the relationships between companies and suppliers to infiltrate critical systems, often causing significant operational and financial damage. Businesses must assess the specific risks they face and the role their suppliers…
Predicting the future is impossible; so focus on mitigating risk and building resiliency
Supply chain crunches occur precisely because they are unpredictable and expose vulnerabilities that had not previously been considered. But, it’s never a bad idea to be prepared.
Moody’s weighs in on insurance risks supply chains face today
A report from Moody’s has identified areas of the supply chain where insurers are most concerned.
The Rebound Podcast: Resilient by design
Listen in as risk management and resilience expert Joseph Fiksel discusses the steps organizations need to take to become resilient
Optimizing Supply Chains in Demand Driven Healthcare
Learn how companies like Vizient, the nation's largest GPO and One Network are helping manufacturers and distributors drive new demand-driven processes to optimize internal supply chains, improve hospital service levels, optimize inbound…
NextGen Supply Chain: Drones, storage lockers, autonomous vehicles and national security
New technologies may be creating unintended risk. Supply chain managers need to get involved to shape policy.
Five Techniques to Manage Supply Chain Risk
If procurement executives don't take intelligent risks, they cannot provide maximum value to their companies. Here are five techniques to manage both anticipated and unanticipated events in the supply chain.
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