This master’s thesis provides an overview of the supply chain, supply chain management, definition and classification of risk types, and a holistic view of risk assessment and management on the example of the practice. As regards the research methodology, it should be noted that it was based on the analysis of the content of the most important and popular definitions of Supply Chain Management and risk management and related concepts, through a variety of secondary sources consisting of scientific papers and publications of professional organizations and practitioners. There have been major changes in supply chains over the last few decades. Supply chains are starting to expand to increase productivity and meet market demands at the lowest possible cost. To understand supply chain management, it is necessary first to understand the concept of logistics. Supply chain management takes over all traditional logistics and adds new activities to them. It is also important to point out that supply chain management views the supply chain and the organization within it as a single entity. The benefits of value chain management include increased productivity, reduced costs, greater chain agility and resilience, improved product quality, and better customer service. To successfully manage a supply chain, companies need to follow seven basic principles. Successful supply chain management requires many decisions to be made so decisions are divided into three categories or phases (design, planning, operational decisions). Risks to the supply chain are events that can disrupt the unhindered flow of material through the chain. Risk assessment and risk management is only one step within a wider cycle, so the goal of risk assessment is to identify potential risks, while the goal of risk management is to reduce the likelihood of their occurrence. Good corporate governance requires a formal risk management approach. An understanding of strategy is needed to successfully manage risks. Strategies are implemented to mitigate the negative consequences of chain vulnerabilities, but they can also improve overall business and protect workers.