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

Describe what was the labor productivity, Last week employees at Renee's Fa...

Last week employees at Renee's Fashions worked 360 hours to produce 128 garments. Of these, 8 were seconds which were sold at the outlet store for $90 each. The remaining 120 garme

Explain appraising and compensating subordinates, Do you believe that manag...

Do you believe that managers should be given more autonomy to make personnel decisions such as hiring, appraising, and compensating subordinates, or do you believe that managers sh

DISCUSSION, Has the growth of self-directed teams to manage work in organi...

Has the growth of self-directed teams to manage work in organizations changed the need for strategic, tactical, and operational decision making in business? Explain why or why not

What role do alter agents play in the execution of a road, What things shou...

What things should be taken into consideration in the creation of a roadmap for a strategic plan? What are examples of external and internal change agents? What role do change agen

Describe what is the workstation cycle time, Some tasks and the order in wh...

Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These re to be combined into workstations to cre

Explain requirements to offer someone a top manager position, Which are you...

Which are your top 10 requirements to offer someone a top manager position?

Explain development impacted shangri la hotel strategy, Assess how employee...

Assess how employee training and development impacted Shangri La Hotel strategy to delight customer each and every time.

Explain the employer is not vulnerable to a charge, Albert is an assistant ...

Albert is an assistant store manager for a national discount retailer. When Albert was denied a promotion to store manager he filed a claim based on religious discrimination with t

What is the optimal size of production run for solar cell, The 3M incorpora...

The 3M incorporate produces solar cell panels, and the production rate can be 8,000 pieces per day. The demand for the solar panel is 30,000 pieces per month. The fixed cost of set

Explain performance appraisal, Explain Performance Appraisal. It is a s...

Explain Performance Appraisal. It is a systematic and impartial assessment of an employee's performance on the assigned job, along with a view to discovering how well or worse

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