from I - Anatomy of Supply Chain Management
Published online by Cambridge University Press: 22 September 2025
There exist various risks and uncertainties in supply chains. This chapter begins with conceptual sources of risks and uncertainties such that operational risks, and epistemological and ontological uncertainties emerge from the tension between organizations’ knowledge and the truth about operational dynamics. Then, it looks at the information, operational, and capital flows in supply chains to identify practical sources of risks and uncertainties. It proposes a supply chain framework for manufacturing and service industries that link critical lead times to supply chain risks and uncertainties.
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