RISK MANAGEMENT IN SUPPLY CHAIN
The changing globalization of Supply Chain with respect to geo and macro-economics has made them vulnerable to commotions such as economic unrest, demand variation or natural or man-made disasters. This could lead to adverse effects on the business, both in the immediate future and over an extended period.
The resilient Supply Chain is eventually most critical to address to manage Supply Chain management to bring down the impacts of distortion on revenues, costs and keeping customers in need.
Therefore, constructing a robust Supply Chain with efficiency and resilience at its core is Imperative.
The EMT SCM approach to managing resilient Supply Chain is through experts and developing models through a well-defined approach by assessing, prioritizing, mitigating and managing the risk. Our approach plan is below,
- Identifying Risks and Consequences
- Crafting a Strategic plan for an Organization
- Creating outcome-based plans to Manage Risk
- Executing Risk Mitigation Strategies
- Evaluating the Effect
Risk Management Program
Our Risk Management program to cater to Supply Chain optimization is key at the core and we implement structured Risk Assessment and management of your enterprise needs through multiple dimensions, including Geopolitical, Environmental, Industry Reputation, Operational and Financial, to incorporate Supply Chain strategy.
With our further focus in strategic view of short-term, medium-term and long-term risk to address through Supply Chain action plans.
We drive through
- Diverse Sources of Input
- AI Driven Data Analysis
- Intuitive Reporting
- Ranked Action Plans (RAP)