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Managing Supply Chain integrity is about acknowledging the connections from threat through to interruption. To properly do this, companies have to develop an integrated approach covering identification, quantification, mitigation, financing and acceptance of supply chain risk.
At JLT we have long been aware that traditional supply chain risk solutions have failed to properly help companies deliver robust supply chain risk management. That is why we have developed SCIMITARTM - Supply Chains: an Integrated Model for the Identification, Treatment and Acceptance of Risk.
SCIMITARTM is an innovative, integrated approach to supply chain risk assessment. It offers a flexible, modular methodology allowing you to pick and choose to adapt the service to your precise needs and to bridge the current gap between enterprise risk management and risk management at an individual product or site level.
A Modular approach
There are four key components to SCIMITARTM
No matter where your organisation is at in the risk assessment cycle, SCIMITARTM can provide proven, measurable results.
Tim CracknellPartner |
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A four pronged approach to supply chain risk management can improve resilience and the value of the insurance programme says Jim Carruthers Partner in our Life Science Team in the December 2008 issue of StrategicRisk