Develop a Supply Chain Risk Assessment Framework
Objective:
– Create a framework for identifying, assessing, and mitigating risks within the supply chain.
– Enhance supply chain resilience and minimize disruptions.
– Ensure continuity of operations and protect profitability.
Description
Expected Inputs:
– [Type of Supply Chain: e.g., Manufacturing components, Food & beverage distribution, Retail product sourcing]
– [Key Risk Categories: e.g., Geopolitical, Natural disaster, Supplier failure, Logistics, Cyber security, Compliance]
– [Desired Outcome of Assessment: e.g., Reduced supply chain disruption by 20%, Improved supplier reliability, Enhanced resilience]
– [Frequency of Assessment: e.g., Quarterly, Annually, Event-driven]
– [Relevant Compliance Standards (optional): e.g., ISO 28000, C-TPAT]
Results:
– A structured risk assessment framework with defined stages (e.g., identification, analysis, mitigation, monitoring).
– Specific questions/prompts for identifying risks within each category.
– A methodology for assessing likelihood and impact.
– Strategies for risk mitigation (e.g., diversification, redundancy, insurance).