Nineteen. Supply Chain Risk Management: A Perspective from Practice

  1. Panos Kouvelis3,
  2. Lingxiu Dong3,
  3. Onur Boyabatli4 and
  4. Rong Li4
  1. Colin Kessinger1 and
  2. Joe McMorrow2

Published Online: 11 OCT 2011

DOI: 10.1002/9781118115800.ch19

The Handbook of Integrated Risk Management in Global Supply Chains

The Handbook of Integrated Risk Management in Global Supply Chains

How to Cite

Kessinger, C. and McMorrow, J. (2011) Supply Chain Risk Management: A Perspective from Practice, in The Handbook of Integrated Risk Management in Global Supply Chains (eds P. Kouvelis, L. Dong, O. Boyabatli and R. Li), John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118115800.ch19

Editor Information

  1. 3

    Olin Business School, Washington University, St. Louis, Missouri, USA

  2. 4

    Lee Kong Chian School of Business, Singapore Management University, Singapore

Author Information

  1. 1

    End-to-End Analytics, Palo Alto, California, USA

  2. 2

    Global Business Operations, Customer Value Chain Management, Cisco Systems, Inc., San Jose, California, USA

Publication History

  1. Published Online: 11 OCT 2011
  2. Published Print: 4 NOV 2011

ISBN Information

Print ISBN: 9780470535127

Online ISBN: 9781118115800

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Keywords:

  • Cisco systems’ supply chain organization;
  • international standard;
  • supply chain risk management (SCRM)

Summary

This chapter offers a practical approach for assessing risk and resiliency in the supply chain, and shares a case study from Cisco Systems’ supply chain organization. The Cisco case describes how their supply chain organization has approached the challenge of understanding and building resiliency into the supply chain. The chapter states that what many of today’s leading supply chain risk experts believe is necessary to improve supply chain resiliency-an International Standard for Business Resiliency. The ultimate purpose of supply chain risk management (SCRM) is to enable cost avoidance, continue to ensure customer service, and maintain market position. The chapter describes the core capabilities associated with understanding supply chain and the risk embedded in it. Through member collaboration, the Supply Chain Risk Leadership Council (SCRLC) has developed an SCRM system and process approach. The approach is similar to "Plan Do Check Act", or PDCA model, and involves six distinct process steps.

Controlled Vocabulary Terms

PDCA Cycle; Risk management; Supply chain