Financial exposure is often cited as the top concern among risk management professionals, but there are a number of other operations that may indirectly affect a company's level of risk. Supply chains, for example, are increasingly becoming one of the most fundamental components of a properly functioning business. More importantly, assessing and targeting risk in the supply chain is becoming a paramount concern. A new study from consulting firm A.T. Kearney shows how supply chain managers and executives are broadening their risk policies to include risk-impact analysis and disaster planning, as well as financial and consumer credit risk management
. Additionally, the report noted that the most successful organizations are excelling at risk management by anticipating and monitoring mitigation strategies that cover a wide range of threats. "Supply management organizations that once were focused on cost reduction and adversarial relationships with suppliers are now developing long-term category management strategies, where collaboration with suppliers on joint process improvement, innovation and new products is delivering top-line value to corporations," said at A.T. Kearney partner John Blascovich.