Purpose – SCOR 10.0, released in late 2010, is the second version of the supply chain operations reference model (SCOR) to incorporate risk management processes, metrics and best practices. Given the paucity of studies that have explored the coverage and integration of supply chain risk management (SCRM) within SCOR, the analysis and suggested improvements for SCRM are designed to enhance SCOR’s collaborative and coordinated management of supply chain (SC) risks. The paper aims to dicsuss these issues. Design/methodology/approach – Critical analysis was used to analyse the coverage and integration of SCRM within SCOR 10.0. Findings – Discrepancies were identified in how SCRM has been incorporated into SCOR, including issues with the hierarchical representation of SCRM processes, metrics, best practices and skills. These may potentially propagate into difficulties in embedding risk management processes within other SC processes, visualizing risk metrics in a SC’s value hierarchy and reconciling SCOR’s SCRM with organizational enterprise risk management. Research limitations/implications – This paper is limited to theoretical analysis of the coverage and integration of risk in SCOR 10.0. Once the issues identified are remedied, the subsequent suggested improvements require validation through empirical testing. Originality/value – Despite SCOR’s wide acceptance as a reference model in managing SC operations, there has been no investigation of its approach to SCRM. The analysis addresses this lack of prior investigation by analysing SCRM in the latest version, SCOR 10.0. The paper identifies deficiencies and suggests amendments regarding SCRM’s coverage and integration of SCRM.

Following calls to advance the integration of risk and business process modeling paradigms, this paper formalizes the process of incorporating risk into business process models through the principles of Value-Focused Process Engineering (VFPE). In doing so, the paper aims to extend the existing VFPE modeling notation to reflect a set of necessary constructs required to adequately represent risk in goal-oriented business-process models. The extended set of constructs is proposed to support a formal systems view of process-based risk. Process-based risk is formalized on the one hand, as a product of complex interactions between activitybased elements, and on the other hand, as a natural component of the value creation mechanism of an elementary function or a complex process. The proposed riskaware VFPE formalism also formulates rules for decomposing risk in process This paper is an extended version of the paper entitled ''Formalizing Risk with Value-focused Process Engineering'' accepted for inclusion in the 16th European Conference on Information Systems,

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