who knows anything about supply chain
25
2
Supply Chain Risk Management
The As- Is Landscape
In.this.chapter.we.provide.an.overview.of.the.growth.of.supply.chain.risk.
management. (SCRM). during. the. last. few. years. and. provide. additional.
insight. into. who. is. talking. about. SCRM,. what. they. are. saying,. and. the.
tone.of.the.dialogue..We.will.provide.a.summarized.view.of.SCRM.top-
ics,.announcements,.articles,.reports,.and.survey.results.that.help.define.
the. state. of. SCRM. today.. We. will. also. share. a. perspective. on. SCRM.
through.a.different.prism:.the.Four.Pillars.of.SCRM..We.will.then.provide.
a.maturity.level.for.each.pillar..The.chapter.concludes.with.discussion.of.
SCRM.adoption.
a ChROnOlOgy Of Supply Chain
RiSk ManageMent
Let’s.start.by.providing.a.sense.of.the.growth.of.SCRM.in.terms.of.aware-
ness,. discussions,. articles,. papers,. surveys,. solutions,. tools,. and. more..
During. our. research. for. this. book. we. compiled. hundreds. of. reference.
works. in. order. to. provide. a. comprehensive,. end-.to-.end. perspective. of.
SCRM.. Using. these. reference. works. and. our. experience,. we. have. com-
piled.a.chronology.of.the.growth.we’ve.witnessed.and.the.tone.and.tenor.
of.the.dialogue.
While.many.risk.management.studies.and.surveys.were.conducted.dur-
ing.2000–2010,.our.focus.starts.with.the.latter.part.of.that.decade..Most.
supply. chain. executives. became. interested. in. SCRM. after. the. financial.
meltdown.of.2008..Company.after.company.watched,.almost.helplessly,.as.
Schlegel, G. L., & Trent, R. J. (2014). Supply chain risk management : An emerging discipline. Taylor & Francis Group.
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26 • Supply Chain Risk Management: An Emerging Discipline
customer. orders. were. canceled,. suppliers. entered. bankruptcy,. and. com-
modity. markets. became. increasingly. volatile.. For. many,. 2008. was. the.
genesis.of.their.risk.management.efforts.
2009
Most.operations.management.and.supply.chain.management.profession-
als. are. familiar. with. the. International. Organization. for. Standardization.
(ISO).Group.and.its.set.of.standards.that.revolve.around.quality.control.
and.process.reliability,.such.as.ISO.9000..In.2009,.the.ISO.Group.delivered.
its.first.set.of.standards.directly.relating.to.supply.chain.risk,.which.was.
a.major.recognition.of.the.importance.of.SCRM..These.standards.include.
ISO. 73. and. ISO. 31000.. ISO. 73. profiles. the. vocabulary. and. taxonomy. of.
risk.within.the.supply.chain,.and.ISO.31000.provides.insight.into.the.prin-
ciples,.practices,.and.guidelines.to.effectively.identify,.assess,.mitigate,.and.
manage.supply.chain.risk.
A.key.report.during.this.period.was.Accenture’s.2009.Managing Risk for
High Performance in Extraordinary Times.1This.global.report,.which.sur-
veyed.260.CFOs,.chief.risk.officers,.and.other.executives.across.21.coun-
tries
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