Distinct from operational IT systems, risk management approaches in supply chains focus on early detection of threats: supplier defaults, geopolitical disruptions, natural disasters, compliance breaches, or quality failures.
Source: https://www.investopedia.com/terms/e/enterprise-risk-management-erm.asp
Matching tools and partners
You might also be interested in these terms
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.