Abstract:

Effective risk management of the supply chain is essential for the successful businesses of the firms, to ensure the continuity of operations and to prosper in a competitive business environment. In this regard, organizations must fully exploit the potential of information technology (IT) and use it in the best possible way to support business processes and facilitate the supply chain management and make it become an essential element of the current management practices
with a revolutionary approach to collaboration focused on shared growth and value creation with a limited number of key suppliers, and reducing the enterprise risk.