Supply Chain Risk management: : Understanding and Facing the Main Risks on the Supply Chain
Coelho Albertin, Yan (2017)
Coelho Albertin, Yan
Kaakkois-Suomen ammattikorkeakoulu
2017
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2017062613978
https://urn.fi/URN:NBN:fi:amk-2017062613978
Tiivistelmä
In the past years, globalization has become more intense, and the supply chain has become more complex and wider. It passes through many different countries and cultures, dispersed around the world and working in widely different conditions. At the same time, there is a constant pressure on managers to improve the efficiency of their supply chain, making the movement of the material cheaper and quicker, reducing the inventory and use just-in-time (JIT) or lean operations.
This complex and wide supply chain combined with this pressure on the managers bring many risks to the chain. These risks are unexpected events that might disrupt the flow of materials or the planned operations. They can be late deliveries, poor forecast or involve rarer scenarios such as hurricane and earthquake.
Nevertheless, the risk on the operations has increased significantly on the past years, the effective use of risk management is still far from the ideal. That happens for several reasons, as will be detailed later in this paper.
Supply chain risk management (SCRM) involves risk identification, risk assessment, risk mitigation, and risk control. This thesis will explain each of these steps and why they are so important on the decision-making scenario.
This thesis will first explain the main idea and concepts behind risk and supply chain risk management (SCRM), objectives, benefits and challenges. After that, the main steps and tools for SCRM are going to be presented. In this thesis, different approaches and strategies are going to be combined to elaborate 11 best practices, which make possible the increase of resiliency in supply chain and the resistance against disruptions.
This complex and wide supply chain combined with this pressure on the managers bring many risks to the chain. These risks are unexpected events that might disrupt the flow of materials or the planned operations. They can be late deliveries, poor forecast or involve rarer scenarios such as hurricane and earthquake.
Nevertheless, the risk on the operations has increased significantly on the past years, the effective use of risk management is still far from the ideal. That happens for several reasons, as will be detailed later in this paper.
Supply chain risk management (SCRM) involves risk identification, risk assessment, risk mitigation, and risk control. This thesis will explain each of these steps and why they are so important on the decision-making scenario.
This thesis will first explain the main idea and concepts behind risk and supply chain risk management (SCRM), objectives, benefits and challenges. After that, the main steps and tools for SCRM are going to be presented. In this thesis, different approaches and strategies are going to be combined to elaborate 11 best practices, which make possible the increase of resiliency in supply chain and the resistance against disruptions.