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Assignment:
You are assigned to ship some products (clothing) from China to New York City, using the Pacific Route.
1. Identify 20 sourcing and logistic risks to the supply chain before any mitigation.
2. Use the qualitative risk method to evaluate the risk. Use a scale of 1 (lowest) to 5 (highest) to determine the probability of occurrence and impact.
3. Out of the 20 sourcing and logistics listed above, identify the top 10 key supply chain risks from the risk calculation that you must address to bring the product to market in time for the selling season.
4. Explain your actions to mitigate and manage the top 10 risks.
5. What new risk would you need to consider when implementing this mitigation? Explain the effect on probability or impact.
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