Supply Chain Risk Management

The process of locating, evaluating, and reducing risks throughout a supply chain to guarantee the reliable and seamless flow of products and services from the supplier to the final customer is known as Supply Chain Risk Management or SCRM.

Core Objectives

• Enhance resilience
• Ensure continuity
• Mitigate disruptions

Deliverables

• Risk assessment for suppliers
• Continuity plans for critical processes
• Inventory optimization for resilience
• Real-time visibility into the supply chain
• Robust supplier qualification processes
• Rapid response protocols for disruptions
• Collaboration with key stakeholders
• Regulatory compliance monitoring
• Technology for predictive analytics
• Continuous improvement strategies