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 which event was the labor productivity higher, A catering company p...

A catering company prepared and served 300 meals at an anniversary celebration last week using eight workers. The week before, six workers prepared and served 20 meals at a weedin

Explain what is the multifactor productivity, David Upton is president of U...

David Upton is president of Upton Manufacturing, a producer of Go-Kart tires. Upton makes 1,000 tires per day with the following resources: Labor: 400 hours per day @ $12.50 per ho

Explain progressive insurance''s products, 1 Insurance products are service...

1 Insurance products are services. Describe Progressive Insurance's products in terms of the four characteristics of services. How does Progressive deliver value to its customers?

Explain advances in technology have allowed hr services, Advances in techno...

Advances in technology have allowed HR services to be offered more on a self-service basis than in the past. True False

Determine the economic production quantity, Water Wheelies manufactures hig...

Water Wheelies manufactures high-pressure sprinkler heads. These are produced periodically at a rate of 20,000 per month. Demand is steady at 15,000 per month. Each production run

Backward scheduling - scheduling techniques, Backward scheduling - Scheduli...

Backward scheduling - Scheduling Techniques Backward scheduling is another way of scheduling which is based on the as late possible approach with the condition that the jobs

Explain a principle within a health care organization, What is a principle ...

What is a principle within a health care organization?

Explain social media in checking references, I will need at least one page ...

I will need at least one page with cites and references; (use of social media in checking references)

Explain the proper marketing, Marketing strategy consists of selecting a se...

Marketing strategy consists of selecting a segment of the market as the company's target market and designing the proper marketing "mix" that meets the needs of that segment. Discu

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