Risk Management in Supply Chain

This article analyzes integrated supply chain risks to propose practical methods to avoid or eliminate or reduce risks. Risk management is a normal part of enterprise management to single company, however it's time to combine current individual risk management into integrated supply chain risk management considering not only individual operational consecutiveness but also overall stability and flexibility, the proper solution suggested must be adopted based on risks classification and analysis. When supply chain risks could be controlled as greatly as possible, overall value creation within supply chain will acquire as close to what have been planned as possible.