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Supply Chain Risk Management (SCRM) is a process used to identify, assess, and mitigate risks associated with the supply chain. It is an important part of Supply Chain Management (SCM) and involves the identification of potential risks, the assessment of their impact, and the implementation of strategies to reduce or eliminate them. SCRM is a proactive approach to managing supply chain risks, which can include disruptions in the supply chain, supply chain security, and compliance with regulations.
SCRM is a growing market, with companies offering a range of services to help organizations manage their supply chain risks. These services include risk assessment, risk mitigation, and supply chain optimization. Companies in the SCRM market include Resilinc, Riskpulse, Chain.io, and Riskmethods. Show Less Read more