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Monday, September 25, 2006

Supply Chain Meets Risk Analysis


In today's business world, managing the risk that businesses are exposed to on a daily basis is getting the much needed buzz - it's called supply chain security sometimes and supply chain risk. An article in InformationWeek.com - Supply Chain meets Risk Analysis, highlights one such adoption of risk management techniques for a real world supply chain.
Elena Malykhina is the author of the piece,

Wall Street's hedging and risk-management techniques now can be applied to help manufacturers optimize capacity and sourcing decisions. Vivecon Corp. last week added two applications to its Supply Chain Risk Management suite: Strategic Component Supply Manager, which quantifies risks and helps manufacturers develop hedges against unpredictable swings in demand, and Tooling and Capacity Manager, which assesses likely demand for a product and monitors market acceptance.

More here at the sister site: Supply Chain Meets Risk Analysis

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