Supply Chain Risk Management

A single missing shipment of microchips can halt car production worldwide. A single hacked supplier can compromise an entire enterprise. In today’s fragile, interconnected economy, supply chain risk isn’t just a logistics problem — it’s a survival issue. Third Party Risk Management becomes hugely more important.

Supply Chain Risk Management gives you the frameworks, tools, and real-world strategies to identify vulnerabilities before they strike, adapt faster than competitors, and turn risk into a competitive advantage. This book is your roadmap to building resilience when it matters most.

Supply Chain Risk Management: Competing in the Age of Disruption is the first comprehensive (450 pages) playbook addressing the modern VUCA (Volatility, Uncertainty, Complexity, Ambiguity). Geopolitical instability, China visibility, regulatory challenges, and tariffs are shaking global supply networks. Reliance on single-source suppliers or critical offshore chokepoints increase risks that cascade into systemic supply chain. disruption.

Supply Chain Risk Management: Competing in the Age of Disruption is built on the ISO 31000 risk framework. This book offers 35 strategies to forecast and manage supply risk. This book offers the following options for starting a SCRM program, specifically:

• Use ISO 31000 or similar risk management framework to start, design, deploy, and assure a SCRM program.
• Use a project based approach to start or mature a SCRM program.
• Use a supply certification approach to start or mature a SCRM program.
• Use operational excellence tools approach to start or mature a SCRM program.

Supply Chain Risk Management: Competing in the Age of Disruption provides the following value adds:

• Explain why Risk Based Problem Solving (RBPS) and Risk Based Decision Making (RBDM) are the future of SCRM. Examples are offered throughout the book.
• Describe how to select and develop suppliers based on risk criteria.
• Demonstrate how to use ISO 31000 risk management framework as the foundation and architecture for SCRM.
• Illustrate how supply chain risk-controls are architected, designed, deployed, and assured.
• Prepare supply chain, quality, engineering, and operational excellence professionals for their emerging risk roles, responsibilities, and authorities.
• Illustrate how supply chain management is migrating to Supply Chain Risk Management (SCRM).
• Demonstrate how SCRM objectives align with the organization’s strategic business objectives.
• Describe how to move beyond a price focused relationship to a value-added relationship with suppliers based on risk.
• Integrate the disparate elements of SCRM into a competitive business system.

Risk Management is #1 Challenge Facing Supply Team
Risk management is the biggest issue for supply management teams right now and feeds directly into the success of supply chains. As well, supply management is moving from a transactional and product based business model to an integrated Supply Chain Risk Management model, which is abbreviated as SCRM throughout this book.

This book provides specific guidelines for architecting, designing, deploying, and assuring the adequacy and effectiveness of supply chain risk-controls. The book provides general scenarios, approaches, processes, best practices, and tools that have worked well with our clients and other organizations.

Who is Greg Hutchins PE CERM
Who is Greg Hutchins PE CERM. Greg is a professional engineer. Greg has managed billion dollar supply chains. He is the author of the ISO 31000: Enterprise Risk Management and Supply Management Strategies.