Which process is focused on minimizing disruptions in the supply chain?

Risk management is focused on minimizing disruptions in the supply chain by identifying, assessing, and prioritizing potential risks that could negatively impact the flow of goods and services. This process involves proactive measures to mitigate risks that may arise from various sources, such as natural disasters, supply chain interruptions, or vendor reliability issues. By implementing effective risk management strategies, organizations can develop contingency plans, secure alternative suppliers, and ensure the continuity of operations even in the face of unforeseen events.

In contrast, inventory management primarily deals with maintaining optimal stock levels and ensuring that the right amount of inventory is available to meet customer demand without incurring excess costs. Contract management revolves around negotiating and managing agreements with suppliers and vendors, while logistics support focuses on the physical movement and storage of goods. While these areas are essential for overall supply chain efficiency, they do not specifically target risk mitigation like risk management does.