Explain effectively manage supply risks, Operation Management

Assignment Help:

To effectively manage supply risks, the supply manager must: inform the corporate risk officer of a potential risk, await instructions, and implement the directive. Seek input from senior executives in other functional areas, propose a risk mitigation plan, and await instructions from senior management. Identify and classify risks, assess the potential impact, and develop a risk mitigation strategy. Review the commodity strategy, revise it as needed, and implement the strategy revision. Confer with the organization's management consultant, provide all requested data, and implement the consultant's plan.


Related Discussions:- Explain effectively manage supply risks

Digitra; cell phone, Ask que Prepare Paul Jordan’s report to John Smithers ...

Ask que Prepare Paul Jordan’s report to John Smithers using regression analysis. Provide a summary of the cell phone industry outlook as part of Paul’s response. stion #Minimum 100

Trigger changes in aspects of practice, What is a critique? Simply stated, ...

What is a critique? Simply stated, a critique is a critical analysis undertaken for some purpose. Nurses critique research for three main reasons: to improve their practice, to bro

Operations strategy, Task 1 Read: Chapter 2 of the Core learning material a...

Task 1 Read: Chapter 2 of the Core learning material and supporting text chapters on Operations Strategy. Task 2 Investigate: The Operations Strategy of your organisation or on

Discuss the breakeven point, Discuss the breakeven point. What is the break...

Discuss the breakeven point. What is the breakeven point? Why does a small business need to do a breakeven analysis?

Primary elements of each of the three kinds of risk control, What are the p...

What are the primary elements of each of the three types of risk control? Assume you are in a hazard hunt; list a few factors in your job that may contribute to a hazard and how li

Define critical path, Define Critical Path. Critical Path: Computatio...

Define Critical Path. Critical Path: Computation of Earliest and Latest Values of the events of the specified network is as follows:-  Event              EOT

Define challenges has the european union consortium faces, Describe what ch...

Describe what challenges has the European Union Consortium faced in the last 2-3 years

Depict a fish-bone chart showing causes of defective product, Boston Electr...

Boston Electric Generators has been getting many complaints from its major customer, House Station, about the quality of its shipments of home generators. Daniel shimshak , the pla

Scheduling in mass continuous, Scheduling In Mass Continuous Schedul...

Scheduling In Mass Continuous Scheduling In Mass Continuous and Project Type Production System The scheduling aspects mentioned so far have been concerned with job shop

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd