With outsourcing and off-shoring increasing the geographical dispersion of supply chains, there has been increased attention focused on the risks from supply chain disruptions. For example, while global configurations of their supply chains provide access to cheap labour, raw materials and markets in emerging economies, companies face the challenges in maintaining continuity of supply through longer and more variable lead times, and greater delivery uncertainty (Prater et al. 2001). Meeting these challenges can be further compounded by the nature of doing business today (i.e., the mutual dependencies of companies arising from inter-organisational networking). A failure of any one element in a supply chain causes disruptions for potentially all partnering companies upstream and downstream. The need for heightened awareness of supply chain risk management has also been driven by the increased scrutiny by insurance cover providers (McGillivray 2000, Norrman and Jansson 2004). A trade-off must thus be made between the efficiency and