Supply chain risk is defined as the potential for a disruption in the supply of materials and services that are essential to maintain the operations of any organization. It can cover a wide range of risks, such as supplier reliability, political instability, or natural disasters, and must be managed proactively in order to minimize their impact on the business. Companies who invest in proper supply chain risk management strategies are better positioned to manage any disruptions that do occur, allowing them to remain agile, competitive, and profitable in the current marketplace.