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Risk Management in Supply Chains
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Flashcards
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Demand Risk
Risk of unexpected changes in customer demand.
Interest Rate Risk
Risk of fluctuating interest rates affecting supply chain financing costs.
Market Risk
Risk of losses due to factors that affect the overall performance of financial markets.
Political Risk
Risk of political events impacting supply chain operations.
Product Lifecycle Risk
Risk of changes in product lifecycle affecting the supply chain.
Contract Risk
Risk of legal issues arising from contracts with suppliers or customers.
Currency Risk
Risk of financial loss due to fluctuations in foreign exchange rates.
Health and Safety Risk
Risk of accidents or health-related incidents in the supply chain.
Quality Risk
Risk of receiving products that do not meet quality standards.
Capacity Risk
Risk of the supply chain's inability to handle peak demands.
Operational Risk
Risk of loss resulting from inadequate internal processes.
Sustainability Risk
Risk of not meeting current or future environmental sustainability standards.
Procurement Risk
Risk of failures or disruptions in the procurement process.
Cyber Risk
Risk of supply chain disruption due to cyber threats.
Transportation Risk
Risk of disruptions in the logistics and transportation of goods.
Economic Risk
Risk arising from economic changes affecting supply chains.
Commodity Price Risk
Risk of price fluctuations in raw materials.
Counterparty Risk
Risk of the other party in a contract failing to fulfill their obligations.
Intellectual Property Risk
Risk of theft or infringement of intellectual property in the supply chain.
Geopolitical Risk
Risk of international political developments affecting supply chain reliability.
Legal and Compliance Risk
Risk of non-compliance with laws and regulations affecting supply chain operations.
Reputation Risk
Risk of damage to a company's reputation impacting its supply chain.
Liquidity Risk
Risk that a company cannot meet its short-term debt obligations.
Environmental Risk
Risk of natural disasters disrupting supply chain activities.
Project Risk
Risk of failure in projects that are part of supply chain expansion or improvement.
Inventory Risk
Risk of inventory obsolescence or stockouts.
Credit Risk
Risk of customers defaulting on payment terms.
Supply Risk
Risk of interruption in the flow of key supplies.
Regulatory Risk
Risk of changes in regulations affecting supply chain operations.
Strategic Risk
Risk of business decisions that affect supply chain strategy.
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