Operations and Supply Chain Management 9th edition
9th Edition
ISBN: 9781119320975
Author: Roberta S. Russell, Bernard W. Taylor III
Publisher: WILEY
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Chapter 10, Problem 18Q
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To explain: The ways the company uses to manage the risk in global supply chain.
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In what ways may a company, its suppliers, and other stakeholders benefit from effective management of the supply chain, and what are some particular instances of these benefits?
“There are known unknowns, knowable unknowns and unknowable unknowns”( Donald Rumsfeld). How would supply chain managers deal with the prospect of riskand vulnerability within global supply chains?
Identify the ten supply chain risks. Next, select two that you think are of greater risk than some of the others, as of today (MAY 2022) and why.
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Operations and Supply Chain Management 9th edition
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- Explain where is the organisation vulnerable to potential risk ?arrow_forwardDetermine a recent threat to a company's activities and supply chain. What should the company have done in advance to mitigate the effects of this form of disruption?arrow_forwardWith the growing complexity of managing worldwide supply chains, coupled with significant pressures to reduce cost at the firm level, supply managers must learn to manage the inherent risks of global sourcing effectively and efficiently. Where is the supply chain organization vulnerable to potential risk? Identify at least four risks. Why is the organization vulnerable? How will this risk affect the organization if it happens? How will this risk affect the organization’s customers and suppliers? What are the causes of the risk?arrow_forward
- 5 Prepare the EFE matrix by evaluating a company you know in any sector (There will be at least 4 opportunities and 4 threats)arrow_forwardHow does this risk assessment compare to other potential suppliers (if there areothers)?arrow_forwardWhy is preparing for disasters to prevent disruption important in the supply chain?arrow_forward
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