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

Policies that contribute and relate main business objectives, How can a fir...

How can a firm's security policies contribute and relate to the six main business objectives? Give examples.

Aims of functions of process engineering, Aims of Functions of process Engi...

Aims of Functions of process Engineering To determine what parts are to be manufactured and what parts to be purchased from outside. To determine the most econom

Assignment problem, Six Operators are to be assigned to five jobs with the ...

Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment

Explain what kind of router could connect network, What kind of router coul...

What kind of router could connect network segments that use cat5 utp with other segments that use fibre optic cable? A. Modular router B. Translational router C. Bridge ro

Blockbuster offer potential partners to improve its position, Looking to th...

Looking to the future, what value-added components could Blockbuster offer potential partners to enhance its position in the environment?

The Strategic Significance of Design, What is the strategic significance of...

What is the strategic significance of Design in operations management?

Compute the first quarter interest, Your company invests $50,000 today at a...

Your company invests $50,000 today at an annual interest rate of 4.00%. The interest is compounded quarterly. Calculate the first quarter interest, the total annual interest and th

Explain business-to-business and customer-to-business, If Bill decides to e...

If Bill decides to enter the world of ecommerce, which of the ecommerce models (business-to-business, customer-to-business, business-to-customer, or customer-to-customer) would you

Explain lifestyle entrepreneur, Define the following in your own words, do ...

Define the following in your own words, do not copy and paste, won't give points for that Lifestyle Entrepreneur Serial Entrepreneur Classic Entrepreneur

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