Supply chain risk management model - ERM approach

The aim of this paper is to propose the Pre-ERM Model through the process of identification, defining and quantifying of potential supply chain risks at enterprise level. The proposed Pre-ERM Model classifies enterprise risks under four pillars: Financial, Strategic, Operational and Compliance. A case study in logistics industry with certain common risk exposures is given. The proposed model will have beneficial insights for entrepreneurships to avoid as many as possible in supply chain catastrophic risks which may jeopardize the chances of success.