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