Discover published sets by community

Risk of unpredictable or misunderstood customer demand leading to increased cost or lost sales. Countermeasures include demand forecasting, safety stocks, and adaptive supply chain management strategies.

Risk of interruption in the flow of key inputs, often due to supplier issues. Countermeasures include supplier diversification, strategic stockpiling, and dual sourcing strategies.

Risk associated with moving goods which can lead to delays or damage. Countermeasures include route optimization, reliable transportation partners, and contingency planning.

Risk due to geopolitical or natural disaster events in certain regions affecting supply chain. Countermeasures include geographic diversification, political risk insurance, and resilient supply chain design.

Risk from changes in laws or regulations that affect supply chain activities. Countermeasures include compliance management systems, regular legal audits, and adaptive operational plans.

Risks related to technology failure or obsolescence. Countermeasures include investing in technology redundancy, regular technology updates, and cyber security measures.

Risk of product defects or failures in quality control. Countermeasures include implementing stringent quality control procedures, supplier quality audits, and certifications.

Risk from fluctuation in raw material or component prices. Countermeasures include use of futures contracts, fixed pricing agreements, and adaptable product design.

Risk from volatility in foreign exchange rates affecting costs and profits. Countermeasures include currency hedging, natural hedging by matching currency for costs and revenue, and multi-currency bank accounts.

Risk of having insufficient capacity to meet demand or excess capacity leading to inefficiencies. Countermeasures include flexible manufacturing systems, capacity planning, and demand management strategies.

Risk of losing proprietary information or infringement on intellectual property rights. Countermeasures include robust IP protection strategies, regular IP audits, and secure information systems.

Risk of damage to brand image and customer trust due to various factors. Countermeasures include crisis management planning, proactive public relations, and ethical business practices.

Risk associated with executing projects, often resulting in delays or cost overruns. Countermeasures include project management best practices, risk assessment procedures, and contingency planning.

Risk from environmental challenges such as climate change and resource scarcity. Countermeasures include sustainable resource management, eco-friendly practices, and risk transfer via insurance.

Risk of non-compliance with laws, regulations, and standard procedures. Countermeasures include regular compliance training, compliance audits, and an effective compliance management system.

Risk arising from changes in business strategy or poor strategic decisions. Countermeasures include strategic planning frameworks, ongoing strategy reviews, and adaptive execution plans.