Supply chain risk management activities

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Reference no: EM132275252

The textbook Principles Supply Chain Management A balanced approach 5th edition lists the following activities as Supply Chain Risk Management activities

Increasing safety stock and forward buying

Identify backup suppliers and logistics services

Diversify the supply base

Utilize a supply chain IT system

Develop a formal risk management program

Identify and define each activity. Then, for each activity provide the downside of applying said activity to supply chain management.

Reference no: EM132275252

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Supply chain risk management activities : The textbook Principles Supply Chain Management A balanced approach 5th edition lists the following activities as Supply Chain Risk Management activities

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