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

Explain the case of the marginalized workers, The Problem: The Case of the ...

The Problem: The Case of the Marginalized Workers You have decided to sub-contract out your grounds maintenance work. You have solicited bids for landscaping, a revamped irrigat

In detail identify three other supply chain issues, a) Determine the total ...

a) Determine the total cost (purchase price + delivery cost) to make a Blaster unit using these woofer and tweeter components and each delivery combination option? W1 & T1: W2 &

Explain elements of a typical scope statemen, Analyze the elements of a typ...

Analyze the elements of a typical scope statement and the significance of each element. As a project leader, determine how you would communicate the scope of a project to the proje

Case study on back unopened book for a refund, I recently rented a book and...

I recently rented a book and it turns out that I no longer need to be in the class that requires that book. The book just got here today and I have not opened the package at all. I

Operations management, A. How does your organization determine customer req...

A. How does your organization determine customer requirements? ?B. How are your organization''s core competencies tied to its strategic goals?? C. What are the strengths and weakne

Explain capital expense, Eric Johnson (using data from Problem 1.6) determi...

Eric Johnson (using data from Problem 1.6) determines his costs to be as follows: • Labor: $10 per hour • Resin: $5 per pound • Capital expense: 1% per month of investment • Energy

Divide items according to category, Drop items into the correct category un...

Drop items into the correct category under "goods company or service company" belonging to which of the 4P's: Goods Company Service Company Product: Price: Place: Pr

Explain technology helps prevent or solve crimes, Identify and post 8 ways ...

Identify and post 8 ways that technology helps prevent or solve crimes and 8 ways that technology has made crimes easier for criminals.

Step for construction of string diagram, Step  for construction of string D...

Step  for construction of string Diagram To construct a diagram the  following  steps are required. 1. Step 1 produce a scale map  of the work  area identifying  all machi

Alternative process sequences - products , Alternative process sequences - ...

Alternative process sequences - products Even when the type of process flow has been established, there remains the task of determining the particular sequence of processes t

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