Supply Chain Risk Appetite

Learn the four steps to writing a risk appetite statement.

A risk appetite statement helps in supply chain risk management by establishing accountability and readiness for managing risk to drive business success and value creation.

In an era of continuous disruption, an ill-defined risk appetite statement can create an environment of ad hoc, siloed decisions on short-term targets.

To successfully define your supply chain risk appetite statement, you must approach risk management collaboratively, addressing the needs of supply chain, procurement and enterprise risk management (ERM) managers. 

Follow four steps to prepare, draft and operationalize a supply chain risk appetite statement.

Download the Supply Chain Risk Appetite Guide

Assess risk posture and implement a risk appetite statement.

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    Gartner support for risk management

    Key tenets of supply chain risk management are enhancing resilience and improving competitiveness. But today we must also account for unprecedented, fast-developing trends as well as transformation inside the organization. This makes it difficult to achieve agility and competitive advantage. Gartner provides the insights, advice, data and tools on risk management that inform a supply chain risk appetite statement. Learn more about Gartner support in developing supply chain risk management strategies.