The Functioning of Supply Chains in Uncertain Economy

Abstract

The article focuses on the question of uncertainty and risk analyzing the changes in contemporary world business activity. It presents the notion of The Risk Intelligent Enterprise which may be seen as a model solution for managing uncertainty. The author presents subsequently the problem of risk and uncertainty in supply chain management underlining key areas in that field. Followed by a case study the article outlines conclusions and recommendations for better risk management in the 21st century.