Ritchie and Brindley (2007) provided a useful framework consisting of five major components to manage supply chain risk. First, look at the context and what drives the supply chain system being studied. Second look at the impact of adverse risk events on organization members. Third, consider the degree of risk aversion. Fourth, identify specific risks and their measures, and develop mitigation strategies. This includes identifying which risks the organization feels competent in dealing with, and which risks they would prefer to insure against or outsource to others. Fifth, monitor key performance outcomes.