Risk,BI,Performance: Supply Chain Management

Lecture Series on

Risk, BI, and Performance Management in the Context of Supply and Demand Chain

Supply Chain Institute, Article one – Risk Management

Greetings:


If I may, let me start my journey on this subject with some meaningful quotes from many greats:


“The person who risks nothing, does nothing, has nothing, is nothing, and becomes nothing. He may avoid suffering and sorrow, but he simply cannot learn and feel and change and grow and love and live.”

Leo F. Buscaglia quotes(American guru, tireless advocate of the power of love, 1924-1998)

Man cannot discover new oceans unless he has the courage to lose sight of the shore.

Andre Gide quotes (French writer, humanist and moralist, 1947 Nobel prize for literature, 18691951)

Often the difference between a successful person and a failure is not one has better abilities or ideas, but the courage that one has to bet on one’s ideas, to take a calculated risk – and to act.

Andre Malraux quotes (FrenchHistorian, Novelist and Statesman, 19011976)

He who risks and fails can be forgiven. He who never risks and never fails is a failure in his whole being.

Paul Tillich quotes (German born AmericanTheologian and Philosopher, whose discussions of God and faith illuminated and bound together the realms of traditional Christianity and modern culture. 18861965)

“Only those who will risk going too far can possibly find out how far one can go.”

T.S. Eliot quotes (American born English Editor, Playwright, Poet and Critic, 18881965)

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Supply Chain, Risk, and BI Management

Supply Chain, Risk, and BI Management

Greetings:

In response to colleagues request and market demand for SCM, BI, and Risk, I am initiating a lecture (posting) series under the title of:

“Risk, and Business Intelligence in the context of Supply and Demand Chain Management.”

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Risk Management Workshop

Curriculum In Risk

Risk Management Across Global Supply Chain

Application in Procurement

Summary:

In Today’s competitive market, Risk Management represents a new shift in businesses paradigm. As the economies become more service driven and globally oriented, businesses cannot afford to let new, unforeseen areas of risk remain unidentified and unattended. Currency fluctuations, human resources in foreign countries, evaporating distribution channels, corporate governance, unprecedented dependence on technology, flow of raw material to manufacturing sites, manufacturing process and the logistics of delivery of finished goods are just a few of the new risks businesses must assess and manage.

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