Information technology related risk is involved in every operation of organization. Now days with the change of technology supply chain system of organizations are also changing. With the help of information technology supply chain system network and reliability is increased. On the other hand, it also helps in increasing the competitive advantage and sustainability of process. Supply chain system of organization includes outsourcing and in shoring of products and services. If the information technology application implementation in outsourcing or in shoring is not done properly, the process will be affected. Outsourcing and in shoring of product and services are dependent on information sharing and other application of IT. In addition to this, supply chain system of organization helps in increasing profitability of organization. It also helps in improving the relationship with other organization or strategic alliances. With the help of IT risk management in supply chain the chance of risk is reduced. On the other hand, it also helps in planning the proper risk management strategies and policies. With the help of this strategies organization can increase their profitability share also. The supply chain system of every organization is different, that is, it depends on their expertise and operation area.
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Wisner, J., Tan, K. C., and Leong, G. (2015). Principles of supply chain management: a balanced approach. Cengage Learning.
Quinn, J. B., and Strategy, E. S. (2013). Strategic outsourcing: leveraging knowledge capabilities. Image, 34.
Ross, D. F. (2013). Competing through supply chain management: creating market-winning strategies through supply chain partnerships. Springer Science and Business Media.
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