Supply chain risk management
The term supply chain risk management ( SCRM; . Engl supply chain risk management ) calling in the context of supply chain management, the implementation of strategies for the management of both everyday and exceptional risks along the supply chain based on a continuous risk assessment with the objective to reduce vulnerability and to ensure their survival. Supply chain risk management is typically divided into the phases of identification, assessment, control and monitoring.
- 2.1 See also
- 2.2 Literature
- 2.3 External links
- 2.4 documents
Phases
Identification
This identification phase of the supply chain risk management refers to the identification of the causes of failures along the supply chain; Here are both everyday and exceptional risks along the supply chain are identified. Risk objects are i.d.R. Suppliers, countries and individual locations. Also 'll monitored as other risk objects in special cases, the means of transport ( eg ships).
Assessment
The evaluation phase of the supply chain risk management refers to the evaluation of the likelihood and the extent of damage of a risk; However, these values should be not merely multiplied together, there must be countered entirely different with everyday risks and exceptional risks.
Control
In the control phase of the supply chain risk management, the actual risk management takes place. The control of exceptional risks are often insurance companies, the management of everyday risks can by changed processes, suppliers or additionally be a higher inventory.
Monitoring
Many risks can be managed to only when changes over time emerge; the monitoring phase of the supply chain risk management is therefore particularly important.