8.0 Learning Outcomes
Learning Objectives
At the end of this chapter, students will be able to:
- Evaluate the processes involved in supply chain management and supply chain risk management, and explain how effective risk management can enhance operational efficiency and resilience.
- Identify and categorize various risks that affect supply chain operations, including demand variations, natural disasters, global events, supplier risks, and cybersecurity threats.
- Develop and implement a systematic framework for identifying, analyzing, treating, and monitoring supply chain risks.
- Assess and apply various supply chain risk management strategies, such as multisourcing, nearshoring, stress testing, building buffers, and improving cybersecurity.