Supply chain risk has become a primary concern to many businesses today. The consequences of supply chain risk include not just financials losses but also disruption of supplies and interruption of operations which impede the ability of the firm to meet demand. In addition to identifying supply chain risks, their classification, and measurement, the course discusses a select number of conceptual models for risk detectability and recovery, and presents tools, techniques, and approaches for managing supply chain operations for efficiency in the presence of risks.