Supply chain risk management

Supply-chain risk management (SCRM) is 'the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity'. Supply-chain risk management (SCRM) is 'the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity'. In other words, SCRM is to apply risk management process tools, with partners in a supply chain or on your own, to deal with risks and uncertainties caused by, or affecting, logistics-related activities or resources in the supply chain.