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Developing and Implementing Strategy for Managing Risks in the Supply Chain

The past three years have seen a number of man-made and natural disasters bring risk management demands to the forefront of executives and board directors. Fat-tail risks that have a low probability, but a very high impact to the organisation, such as the Japanese tsunami, the Gulf of Mexico oil spill or the Eurozone liquidity crisis, have been front and centre, creating a renewed interest in enterprise risk management (ERM) practices.

John Brown, Director, Risk Management, Supply Chain & Technical at Coca-Cola answered a series of questions from Marcus Evans before the forthcoming 6th Annual Enterprise Risk Management Conference, March 19-20, 2013 in Chicago, IL.

Key Points

  • Methods for quantifying risks within the supply chain
  • The vital steps an organisation must take to mitigate risks in the supply chain associated with fat-tail risks
  • The types of risks that are overlooked when it comes to the supply chain
  • How Coca-Cola manages its supply chain risk

 

Written by

John Brown
Director, Risk Management, Supply Chain and Technical
Coca-Cola

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