In the face of increasing global market volatility and supply chain complexities, risk management has become a critical component for the sustainable development of manufacturing enterprises. This study investigates the risk management practices within the supply chain of Dongying Chengxin Cable Co., Ltd., a representative cable manufacturing company in China. By utilizing a case study approach complemented with interviews, field observations, and document analysis, the research identifies major risks faced by the enterprise in raw material procurement, production, and logistics management. These include price fluctuations of copper and aluminum, supplier instability, inventory imbalances, and distribution delays. The study further evaluates the company’s current risk mitigation strategies and proposes targeted solutions to strengthen its supply chain resilience. Emphasis is placed on the integration of proactive risk identification mechanisms, strategic supplier collaboration, and digital tools for real-time monitoring. The findings not only provide practical recommendations for Dongying Chengxin Cable Co., Ltd., but also offer valuable insights for other enterprises in similar industries aiming to enhance their supply chain risk management capabilities in a rapidly changing business environment.