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About Managing Supply Chain Risks R1
(1) Managing global supply chains increases risks from disruptions due to their complexity and interdependence. An earthquake in Japan halted vehicle production when it stopped a key piston ring supplier. (2) Systemic risk arises when risks are shared across an entire market due to interconnected supply networks. A fire at a key semiconductor factory caused shortages for two large phone manufacturers. (3) Supply chain risk management aims to reduce vulnerability across the entire supply chain through coordination between members. It seeks to avoid losses from disruption by lowering the probability and impact of risks.
Detailed Information
| Author: | ['DebashishDolon'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 48 |
| Language: | English |
| Format: | |
| Price: | FREE |
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