Supply Chain Risk Management

Gregory L. Schlegel, Robert J. Trent

• Understanding Supply Chain Risk Management. Traditional Supply Chain Risk Management. The Emerging Discipline of Supply Chain Risk Management. Looking Toward the Future. Appendix: Supply Chain Risk Assessment Tool.

Complete and comprehensive coverage of supply chain risk - from strategic to operational to probabilistic modeling and analytics ... sufficient industry examples and guidance to assist organizations of all sizes and maturity levels ... . A valuable reference plus ample ‘how-to's.’ A must for any firm participating in today's fast changing competitive environment.—Robert J. Vokurka, Professor Emeritus, Texas A&M University, Corpus ChristiA comprehensive treatment of the rapidly-evolving discipline of supply chain risk management … this book will give you valuable perspectives on supply chain vulnerabilities and how to deal with them.—Cliff Reese, Management consultant and former global business leaderRobert Trent and Greg Schlegel have created a masterpiece for the risk practitioner. With a perfect blend of strategic thinking and ground-level tactical ideas, this book will serve readers for years to come in navigating the nascent field of supply chain risk management. A must-have for any risk management professional’s library.Rich with meaningful examples, the authors explore the history of supply chain risk management, provide a solid foundation for understanding the concepts, and describe existing and emerging risk management frameworks. They further explore the use of pragmatic techniques to measure, track and report supply chain risk. Best of all, the authors present a path forward that any organization can use to start or improve a program to manage the increasingly important world of supply chain risks.—John J. Brown, P.E., ARM-E, Past President, Supply Chain Risk Leadership Council; Former Director, Risk Management, Supply Chain, and Technical, The Coca-Cola CompanyAs the nature of supply chains evolves with increasing globalization, consolidation and just in time inventories, the amount of risk continues to increase. In this book, Trent and Schlegel have provided a timely and holistic view of this critically important discipline that's a "must-read" for any business leader or risk management professional. Using a proven approach and relevant tools and techniques, they have provided a framework that illuminates the full life cycle of identifying, assessing, and mitigating risks. The numerous examples and best practices neatly supplement the key concepts and fundamentals as well as the critical enabling capabilities required to ensure an effective risk management strategy. The chapters on analytics and risk measurement are especially insightful for those seeking to implement based on proven practices. The book is replete with examples of companies that have employed effective risk management techniques to gain a competitive edge. It should be required reading for any business seeking to accomplish the same.—Karl F. Schmidt, Retired, VP Risk Mgmt, Johnson & Johnson Supply Chain; Engineering Fellow, Villanova UniversityThe first 'A-to-Z' margin-based Balanced Risk Assessment/Performance Guidebook to address our current and future global Supply Chain challenges! Fantastic! Guidance on the essentials of utilizing the optimum risk management method, tailored to your situation, the book facilitates management of the strategic, tactical and operation known knowns, known unknowns, and unknown unknowns. This back-to-basics approach respects that global supply chains are interconnected and evolving. Referencing the latest proven approaches and technologies, these Supply Chain resiliency guidelines can enable competitive advantage and profitable longevity. Finally, a comprehensive guide to profitable margin growth by linking internal end-to-end processes to suppliers and customers (markets).—Jim de Vries: Enterprise Master Blackbelt: Corporate Initiatives – Air Products