As an expert in supply chain risk management, you have been tasked by Toyota South Africa to aid them in conducting an extensive risk assessment. Your task: Develop a comprehensive risk management plan for Toyota South Africa. Your plan should include a critical analysis of five potential sources of risk that may arise in Toyota’s supply chain. You should also provide recommendations for mitigating each identified risk. Your risk management plan should be well structured and based on theory from the prescribed book. Note: you may refer to the risks that Toyota South Africa encountered as described in the case study. However, it's also important to identify additional risks that are not discussed in the case study but that would be applicable to Toyota South Africa.
As an expert in supply chain risk management, you have been tasked by Toyota South Africa to aid them in conducting an extensive risk assessment. Your task: Develop a comprehensive risk management plan for Toyota South Africa. Your plan should include a critical analysis of five potential sources of risk that may arise in Toyota’s supply chain.
You should also provide recommendations for mitigating each identified risk.
Your risk management plan should be well structured and based on theory from the prescribed book.
Note: you may refer to the risks that Toyota South Africa encountered as described in the case study. However, it's also important to identify additional risks that are not discussed in the case study but that would be applicable to Toyota South Africa.
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