Understanding Supply Chain Exposure to Risk: A Three-dimensional Conceptual Model

Abstract:

This paper presents a risk' exposure analysis methodology. The approach uses a sequence of equations that align then correlate the different elements in the exposure analysis, offering a guideline and transparency tool to evaluate the risk exposure level of supply chain. This conceptual study proposes that environmental factors associated with supply chain trends should be taken into consideration when determining the level of supply chain risk exposure. Doing so can avoid unforeseen losses and lead to better anticipation of supply chain risks.

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