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Supply Chain Risk - Resultados de Aprendizaje

  • Apuntes
  • Revisión por tema
    Amadi C.
    NG
    Amadi C.

    Supply chain risk (SCR) is "the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity".

    Amadi C.
    NG
    Amadi C.

    Volatility and uncertainty are not going away anytime soon. Risk-based, cost-effective supply chain management can be an essential element of success. This capability can not only help prevent losses but also can prove, for many companies, to be a lasting source of competitive advantage.

    Amadi C.
    NG
    Amadi C.

    Supply chain risk (SCR) is "the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity". Supply chain risk (SCR) attempts to reduce supply chain vulnerability via a coordinated holistic approach, involving all supply chain stakeholders, which identifies and analyses the risk of failure points within the supply chain. Mitigation plans to manage these risks can involve logistics, finance and risk management disciplines; the ultimate goal being to ensure supply chain continuity in the event of a scenario which otherwise have interrupted normal business and thereby profitability. Sometimes, it's possible for supply chain logistics techniques such as supply chain optimization to prejudice contingency planning which would otherwise reduce the overall risk level for that particular supply chain. Contingency options. Some options to engineer an acceptable risk level include: Managing stock. Considering alternative sourcing arrangements. Business interruption / contingency insurance.

    Amadi C.
    NG
    Amadi C.

    The Thai flooding created significant shortages in the hard disk drive market that generated millions of dollars of losses for well-known electronics manufacturers. In addition to these headline events, however, the nature of supply chain risk is constantly changing. New risks and new vulnerabilities can often be better addressed if given close attention from management.

    Hayes N.
    ZM
    Hayes N.

    What is supply chain risk and what the challenges?

    Hatem D.
    JO
    Hatem D.

    What is the supply chain risk

    Joanne S.
    US
    Joanne S.

    Hope to get more background and Oracle Supply Chain info

    Lukas Marthinus G.
    ZA
    Lukas Marthinus G.

    Knowing the risks involved, together with cost effective supply chain management can be an essential element of success and help a company to get the competitive edge on its competition. Implementation of the strategies to manage these identified risk, during continious risk assessments, should reduce the vulnerability of the company. A well coordinated, holistic approach from all roleplayers, including top management should ensure supply chain continuity which would ensure profitability for the company and good returns on investments for shareholders.

    Mohamed B.
    KE
    Mohamed B.

    Managing risk in the supply chain has never been as challenging as it's today risk evaluation and mitigation model in global supply chain is developed from several discipline so the solving problems to risk based problems is this course .

    Nasiru M.
    NG
    Nasiru M.

    In any form of supply chain, it must be know that there is one or several forms of risks associated with it. therefore understanding these risk and how to limit these risks is very much necessary

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