Firms Must Consider External Risks to Improve Supply Chain Resilience
Operational risk management in supply chains is crucial for success. Existing approaches often focus only on local events, but it's also important to consider external factors that can impact internal operations. Real-world examples show how external events can affect supply chain processes. By treating supply chain risk management as a data science problem, deeper insights can be gained for better risk management. Future research should focus on helping managers improve supply chain risk management processes.