Supply chain risk mitigation strategies The types of risks businesses are facing are evolving, but so are smart digital technologies that help businesses hone their strategies for managing supply chain risks. Here’s a recap of some of the risk detection, assessment, planning, and execution methods...
Supply chain disruptionSupply chain risk managementCOVID-19Purpose This study attempts to identify the supply chain risks (SCRs) induced during the COVID-19 disruption in an Indian handloom saree industry and determine suitable risk mitigation strategies (RMSs) to overcome the impact of the epidemic...
A combination of grey theory and digraph-matrix methodologies has been used for quantifying various supply chain risk mitigation strategies and this approach is not seen in literature till date. The proposed model was also tested taking a case study of an Indian electronics manufacturing company. ...
risk mitigationfuzzy risk assessmentmultiple criteria decision analysisConcerning the increasing emphasis on risk management in this uncertain global environment, there is an urgent demand for practical decision support tools that support supply chain risk communication and management. This research proposes ...
Hence, to encourage a firm to adopt supply chain risk mitigation, the supply chain strategies need to be "robust" in the following sense: These strategies should help to efficiently manage the "normal" risks or fluctuations inherent in matching supply and demand and should also help the supply...
Given the considerable competitive advantage of digital solutions, unwinding the progression of digital transformation will only impede business continuity. Instead, the supply chain management ecosystem should introduce risk mitigation strategies to support its continual enhancement without impeding supply chain...
Understanding these disruptions and their impacts is the first step toward developing effective mitigation strategies to build supply chain resilience. It’s important to choose the right technology from a trusted provider to support your supply chain risk mitigation strategies. Infor is a global leader...
Beyond a company’s control, these factors necessitate vigilant monitoring and dynamic risk mitigation strategies to ensure smooth operations in a supply chain. Here are the main categories of external risks that could disrupt a business’s supply chain:...
An effective procurement function must closely collaborate with the company's risk management and business units, often taking the lead in risk mitigation efforts. To do these well, it must use up-to-date digital technology, including AI. ...
《AgriculturalSupplyChaininGhana:Risks.MitigationStrategiesandPerformance》以加纳农业供应链的风险源与风险危害程度为研究视角,通过对加纳农业供应链中潜在的供给风险进行了调查和评估,并根据工程评定以及历史记录,估算出这些风险缓急程度和参与者面对既定风险的应对能力及其对加纳农业供应链实际绩效的影响,提出了如何降低和转...