Techniques of risk management in the Central Queensland mining manufacturing supply chains

The purpose of the paper is to examine the use of techniques of risk management employed by companies in the Central Queensland mining manufacturing supply chain. The research entailed the use of in-depth interviews. Quantitative questions were incorporated into an interview questionnaire to gain more information in the limited time available. The results indicate that straight forward, supply management-specific and less costly techniques were broadly utilised to reduce the probability of risk in the supply chain. Also, the mix of techniques may effectively reduce the potential for supply risk to occur.