Title: Navigating the Challenges of Thesis Writing in Supply Chain Risk Management

Embarking on the journey of writing a thesis in Supply Chain Risk Management is no small feat. The
complexities and nuances involved in researching, analyzing, and presenting a comprehensive study
on this critical topic can be overwhelming. As students delve into the intricacies of supply chain
dynamics, risk assessment, and management strategies, they often find themselves grappling with the
daunting task of crafting a well-rounded thesis.

One of the primary challenges lies in the vastness of the subject matter. Supply Chain Risk
Management encompasses a wide array of factors, from global economic shifts and geopolitical
uncertainties to operational vulnerabilities within individual organizations. Navigating through this
expansive landscape requires a meticulous approach to research and an in-depth understanding of the
interconnected elements at play.

Moreover, the ever-evolving nature of supply chain dynamics adds another layer of complexity. As
new technologies emerge, markets shift, and geopolitical landscapes change, staying abreast of the
latest developments becomes a constant challenge for thesis writers. Balancing theoretical
frameworks with real-world applications and current industry practices demands a high level of
research proficiency and adaptability.

Time management is yet another hurdle that students often face. Juggling academic commitments,
professional responsibilities, and personal life can lead to a scarcity of time for in-depth research and
thoughtful analysis. Crafting a thesis that meets academic standards and contributes valuable insights
to the field requires a significant investment of time and effort.

In light of these challenges, many students seek assistance to ensure the successful completion of
their thesis on Supply Chain Risk Management. For those navigating the complexities of this field,
⇒ HelpWriting.net ⇔ emerges as a reliable partner. With a team of experienced and
knowledgeable writers, the platform provides tailored support to students undertaking the
demanding task of thesis writing.

Helpwriting.net offers a range of services designed to ease the burden of thesis writing. From
conducting thorough research to structuring the document and refining the language, their team is
dedicated to helping students deliver a thesis that reflects their expertise and understanding of
Supply Chain Risk Management. By entrusting the writing process to professionals, students can
focus on gaining a deeper understanding of the subject matter while ensuring the timely and
successful completion of their academic endeavor.

In conclusion, writing a thesis on Supply Chain Risk Management is undeniably challenging, given
the multifaceted nature of the topic. The complexities of research, the dynamic nature of supply
chain dynamics, and the constraints of time often pose significant hurdles. For those seeking support
in this academic journey, ⇒ HelpWriting.net ⇔ stands as a trustworthy ally, providing the
necessary assistance to navigate the intricacies of thesis writing and emerge successfully on the other
side.
I don’t believe that’s what the Accenture analysts are trying to communicate. The following
examples illustrate how technology can support the transparency process. Smooth operations and
functioning of processes add to the costs of production. However, they are the best fit for companies
that are dealing with well-structured information or the one that can be easily structured. While
'post-COVID' wisdom may point towards building smaller connected facilities in order to weather
any disruptions, it is not always possible or advisable. Appreciate the research and its presentable
format. His research interests cover transportation and economics as they relate to logistics and
global freight distribution. The stages in this process are Identify, Manage, Mitigate. However, there
are other risks which are less prominent, but are equally destructive. The companies which recover
from shock are prepared to tackle supply chain risks. Risks - Demand, Supply, Control Etc. 54. Risk
- Scoring Results 55. Supply risk is the probability that an inbound supply problem will disrupt a
business. When and where is it possible to diversify—and when is it not. These less prominent risks
include changing market conditions, the competition in gaining market share, operating at lower
costs, and even the evolving customer tastes. Introducing our Supply Chain Risk Management
Framework With Business Processes set of slides. New tools from companies like Aravo, Hiperos,
and SourceMap go a step further by integrating those external information sources with internal
KPIs or risk indicators. The ultimate goal of these preparations is to ensure continuity of the supply
chain in case of scenarios that would otherwise have interrupted business and thus, profits.IPICS is
the global leader and premier knowledge source in supply chain and operations management in the
areas of purchasing, inventory, logistics, and inventory. These supply chain risks, as the name
suggests, originate from outside of your company. Source: image.slidesharecdn.com A short supply
chain, or one involving few suppliers or sites, can be risk assessed more simply. You might think that
your vendors and service providers must have their own risk management programs implemented.
Some of these risks could co-relate to reputation management since compliance and safety policies of
a third- or fourth-party vendor could also impact a company’s branding. The supply chain pipeline of
today is complex, long and winding. On august 10, 2017, the nerc board of trustees approved the
proposed supply chain risk management requirements: Join millions of learners from around the
world already learning on udemy. As a result, companies may struggle to decide which options to
invest in and how to integrate those technologies into their existing operations and IT infrastructures.
All this can be assimilated into customized data packages. So since “what you measure is what you
get,” procurement may not always be leading the charge here. Darden Restaurants. Largest publicly
traded casual dining company in the world. Supply chain risk management practice advises us to
source additional suppliers and plan additional strategic inventories as mitigation strategies. The
ultimate aim of the supply chain logistics is to maintain supply chain continuity, even in the event of
scenarios or incidents which otherwise would have interrupted normal business, and hence lowered
the profitability. There is also a level of mitigation associated with each factor, ranging from
uncontrollable, where an actor has no influence on an event and must thus assume the consequences,
to controllable, where an actor has a good level of influence on the event itself and may thus able to
mitigate more effectively some of its aspects.
By assessing what is currently in use or being planned, a company can avoid reinventing the wheel
and potentially deploy a solution faster by leveraging current resources. It’s a big World. Australia is
not in the centre of the “action” (“the tyranny of distance”). A framework for your supply chain risk
mitigation strategy may resemblethis one: Step 1: Understand the Risk Threshold Step 2: Define
Boundary Conditions Step 3: Identify Critical Partners Step 4: Manage Trade-Offs Step 5: Agree on
Funding Model Step 6: Begin Project 1. By quantifying each measure under different scenarios, a
business can measure its ability to restore operations after a disaster. The companies which recover
from shock are prepared to tackle supply chain risks. It is vital that manufacturers and other supply
chain parties have detailed and robust contracts for to ensure smooth relationships. Also presenting
will be Dr. Ram Bala, Professor from Santa Clara University. Your people factor in the equation as
well as sub-tier suppliers that can support the entire product ecosystem. Strengthen your it systems to
protect valuable data and stored information. A supply chain is only as strong as its weakest link.
Similar analyses were also performed with location data for other important metrics such as energy
costs or deforestation. 10. Expected probability of an event or condition whose occurrence, if it does
take place, has a harmful or negative effect. Risk:. Supply Chain Risk. After identifying the
preliminary risks, a company must conduct a broader risk assessment of regional and geo-political
factors. John is also the Chair of GEP’s Thought Leadership Council. Jabil's 2020 Special Report:
Supply Chain Resilience in a Post-Pandemic World revealed that the pandemic achieved infamous
distinction as the biggest supply chain disruptor in the last decade. The supply chain pipeline of today
is complex, long and winding. A more sophisticated enterprise-wide system might integrate real-
time, macroeconomic risk indicators, supply chain visualization tools, and predictive analytics
capabilities. It’s not something that you occasionally discuss in relevant management meetings then
move on to another topic. This also helps develop the industry holistically, since the interaction
between suppliers and their clients helps better define new risk parameters within each sector. For
successful, smooth and efficient functioning, Supply Chain Risk Managment requires collaboration
and coordination with the organization’s sales, marketing, production, development, procurement,
finance and IT departments. MIS 7223 Fall 2002. Outline. Definition E-SCM CPFR, CSCP and
Effective Sales Response Internet-Enabled SCM Elements Stages Value Chains. As part of the
approval, the board proposed additional resolutions for nerc to undertake 2. Partnering with sas,
standard chartered bank built a robust stress testing platform. This holds true even in highly
regulated industries, like automotive or healthcare, which are usually risk-averse because the
qualification for products can be stringent. Supply risk is the probability that an inbound supply
problem will disrupt a business. Introducing our Supply Chain Risk Management Model With Key
Areas set of slides. Keep all the documents of all insurance policies, contracts, and commercial
documents relating to the purchase and sale of any products, components, or raw materials. In the IT
industry, the threats are increasing in number and severity due to the globalization of the supply chain
as well as the nature of the products we sell. This lever helped to mitigate risk in two ways: The
retailer’s action compelled its major suppliers, which were also internationally known brands, to
enhance their supplier scrutiny; and the retailer engaged nonprofits working in the affected areas to
validate that the new certification standards were being met. With MyDeloitte you'll never miss out
on the information you need to lead.
Supply risk is the probability that an inbound supply problem will disrupt a business. Like
geopolitical factors, supply chain actors have a level of influence on the outcome. A well
implemented SCRM is a critical enabler that is embedded and integrated into the core processes of
the business. The following examples illustrate how technology can support the transparency
process. Even if they have some active procurement risk management operations, they are largely
unprepared for the unpredictable nature of numerous risks from both internal and external events
and influences. Regardless of sophistication, insights from transparency most effectively contribute
to supply chain resilience if the information is appropriately managed, monitored, and, above all,
used. Both internal procurement teams and external consultants need to better distribute the many
responsibilities and take ownership of risks at different stages of the supply chain. We then analyzed
the top four vendors in the supply chain risk management sector to see how they work within this
space. This is the only way to ensure that risk management issues have been given due diligence.
They are readymade to fit into any presentation structure. You never know what’s going to happen in
the world and, when something does occur, you will know too late if you don’t have a process
already in place. Investigations into Britain’s 2013 horsemeat scandal revealed traces of horsemeat in
hundreds of meat products sold through several brands across Europe. 19 The intricacies and
challenges of tracing products back to their sources through the network of suppliers quickly became
apparent—a single package of meat could very easily be linked to multiple suppliers (see figure 6).
The assumptions of a gold standard supply chain from a pre-COVID world will shift to focus on
supply chain risk management. Transportation disruptions are one of the most salient operational
risks. Source: image.slidesharecdn.com There are several stages to a risk assessment process.
However we will focus on supply chain risk management. Business leaders who take an uber-close
look at company operations and systems stand ready to meet supply chain challenges head-on
because they have identified their known risk threshold. As a result, companies may struggle to
decide which options to invest in and how to integrate those technologies into their existing
operations and IT infrastructures. Additionally, they provide critical support services such as regular
supplier relationship management (SRM), and double validation for documents. This category only
includes cookies that ensures basic functionalities and security features of the website. The factory of
the future plays an irrefutable role in this digital ecosystem—it's also the one enabler currently
missing from the true transformation of the supply chain industry. Introducing our Supply Chain
Risk Management Framework With Business Processes set of slides. This starts with risk assessment
and due diligence towards all the statutory and known risk factors within that category and follows
through with a broader risk assessment of regional and geo-political factors. Each of the parties
involve in the transaction must know whether the other party will be able to perform the duties
assigned to him. These extensive documentation and verification processes require continuous risk
assessment. Source: supplychainbeyond.com Risk assessments are mechanisms to research, identify,
and assess the security, The following are illustrative examples of a supply risk. Asikur Rahman
Supplier Risk Assessment Supplier Risk Assessment Gary Bahadur Know your suppliers. By
assessing what is currently in use or being planned, a company can avoid reinventing the wheel and
potentially deploy a solution faster by leveraging current resources. This contract should also outline
rights and obligations of the parties involved to create a balance and avoid dispute. If you are not
interested in the content, you will have the ability to manage your preferences or opt-out from
receiving communications at any time.
See “Accord on fire and building safety in Bangladesh,”. A scoring process based on the Failure
Modes and Effects Analysis 7 can help make this process manageable. Make sure that your internal
stakeholders are on board with the initiatives for business continuity planning (BCP), corporate
social responsibility (CSR), IT risk management and other areas. Also, with technological support,
data output can be customized to answer specific questions and identify current problems and
potential issues. You also have the option to opt-out of these cookies. However, certain risks to cost
like quality management and supplier validation procedures must be seen through with a constant
effort for improvement. This element must be baked into your end-to-end strategy-from design to
delivery-to ensure you are leveraging planning models to optimize inventory. Participants will learn
to identify and analyse the risk of possible failure points. Source: image.slidesharecdn.com A short
supply chain, or one involving few suppliers or sites, can be risk assessed more simply. Planning is
difficult when the future is clouded with a lot of unknowns. When the metaphorical fires do ignite,
knowing the threshold for risk across the supply chain can be the difference between tossing water
buckets in a general direction and knowing exactly where and how to douse the flames. 2. Define
Boundary Conditions Opportunities are endless, but that isn't necessarily a good thing in supply
chain management. The material cannot be copied or redistributed in ANY FORM and on ANY
MEDIA. To obtain it, you need to use publicly available data and network analytics algorithms.
Network analytics will enable you to have a clear picture of your supply chain and gain visibility into
all fragilities and vulnerabilities and draw meaningful comparisons with peers and industry
benchmarks. Supply risk is the probability that an inbound supply problem will disrupt a business.
Globally, people and corporations are becoming more dependent on IT solutions—customers value
confidentiality, integrity, and availability (known as the CIA Triad of Information Security) of their
data more than ever. Public sector examples of institutional disruptions include federal legislation,
national policies, and state regulations. You'll receive a personalized report that increases your
program's agility. Evidence of this scrutiny in recent years is visible through a number of high-profile
global events. Assigning number values helps to make data useful is needed as it enables the data to
be analysed to build contingencies. The company then determined that the transparency lever to close
the gap was to develop and implement leading-practice certification standards with major paper
suppliers (figure 5, step 3). His research interests cover transportation and economics as they relate
to logistics and global freight distribution. It allows a customer to select the right mixture of features,
price, and lead time to meet his or her needs. Through these efforts, we can better understand where
we are in the manufacturing process, especially for critical products. Navata is spread across a
network of 668 branches in Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Odisha,
Pondicherry, Maharashtra, Gujarat and Madhya Pradesh with ambitious further expansion plans pan
India. Aerospace manufacturers have an average of 200 tier-one suppliers and 12,000 across all tiers.
This involves having layers of protections in place throughout the supply chain (from component
manufacturers through customer delivery) and the life cycle of the product (from design and
development through delivery, service and support). Some maintain more of an appetite for risk than
others, but this bullish attitude wilts when a pandemic or similar disruption event strikes, recoiling an
already-complex global supply chain. The following examples illustrate how technology can support
the transparency process. Rather than conducting on-site or third-party audits, companies can now
track compliance or employment data using mobile technology. This makes a company accountable
for every distinct activity within its supply chain.
A strong supply chain can only be achieved by proactively managing risk. Market Perception of
Higher QualityEasier Availability of Excess CapacityNewer TechnologyBroader Access to Technical
ExpertiseBetter Market InformationSharper F. In this way, the company was able to visualize
locations that were currently, or would be in the near future, at higher risk due to water scarcity,
which could potentially increase costs or disrupt supply. The report outlines some of the key
challenges as follows. Now is the time to identify and involve all key areas of the entire product
ecosystem, including regional supply chain partners. The assumptions of a gold standard supply chain
from a pre-COVID world will shift to focus on supply chain risk management. C onsiderable
warning of failure before occurrence C. Source: image.slidesharecdn.com Strengthen your it systems
to protect valuable data and stored information. It requires an understanding of the customer
perspective as well as an understanding of your entire supply chain. The Dell Supply Chain
Management Institute in China will be an ongoing, three-day workshop for manufacturing and
supply chain executives that will leverage both Dell and top academic experts to improve the
knowledge base of our customers, ultimately contributing to their success. This contract should also
outline rights and obligations of the parties involved to create a balance and avoid dispute. But as
part of a company’s broader attempts to build supply chain resilience—the ability to recover from
and reduce the impact of key risk events 5 —transparency’s role is pivotal. So an important first step
is to determine which risks to focus on. Expected probability of an event or condition whose
occurrence, if it does take place, has a harmful or negative effect. Risk:. Supply Chain Risk. It also
becomes easier to track the source of a problem and creates a long (digital) trail which safeguards
against fraud and corruption. The coordinated, holistic approach, involving all supply chain
stakeholders, and collectively identifying, analysing and addressing all potential failure points,
within the supply chain or affecting it, tremendously reduces the vulnerability of supply chain to risk
exposures. The extent of these relationships stems back to the previously identified supplier risk
threshold. 4. Trade-Offs Management Companies make rational decisions regarding where to place
business locations. After identifying the preliminary risks, a company must conduct a broader risk
assessment of regional and geo-political factors. One approach suggested in the article is that supply
chain managers assign financial impact and time to recover factors at a site and component level.
This creates a multi-tier validation system whereby every relevant purchase order, contract, and
critical procurement documentation can be reviewed and validated at multiple touchpoints. Thus, it is
imperative to make supply chains risk resilient by involving SCRM processes. Partnering with sas,
standard chartered bank built a robust stress testing platform. The current global market is way more
volatile and competitive than it ever was. Transportation disruptions are one of the most salient
operational risks. His research interests cover transportation and economics as they relate to logistics
and global freight distribution. The following examples illustrate how technology can support the
transparency process. This holds true even in highly regulated industries, like automotive or
healthcare, which are usually risk-averse because the qualification for products can be stringent.
Amazing product with appealing content and design. How do you cut through the noise and find
data that is relevant. Still, supply chain actors have a level of influence on the outcome by electing
locations that are less prone to these risks and by influencing policy.