Evaluating the Risks Associated with Supply Chain Agility of an Enterprise

Abstract

In the present day, business environment marked by intense competition and uncertainties, the ability of an organization and its supply chain to respond quickly to an unforeseen change in the business environment forms the key to its sustenance in the market. Since an agile supply chain comprises of a plethora of components, it is imperative that there should be a set of uncertainties associated with its functioning. The purpose of this paper is to evaluate a set of critical risks associated with the agility of an organization's supply chain. Identification and prioritization of the risks to assess their relative criticality form the backbone of the research process. This research is expected to aid the decision-makers develop robust risk management strategies as related to their organizational supply chain agility, thereby ensuring their growth and sustainability in the market.