Managing Supply Chain Risk

In CGMA Mag:   Good ideas here.   You can can manage your risks, often by simulating alternatives.

  " ... A global poll of more than 1,000 senior executives by consulting firm Accenture found that managing operational risks related to the supply chain was important or very important to 76% of respondents.

But results of the efforts differed as widely as the approaches, which included monitoring risks, defining capabilities to fill potential gaps, and building excess capacity.

Nearly three-fourths of the companies represented in the Accenture survey reported returns on investment on their risk management efforts of 50% or less. Twenty-one per cent of participants reported a 51% to 100% return on investment and 7% had a return on investment of more than 100%. ... "