Question
After you review the risk assessment information, create you own 5x5 risk matrix. In short, you are evaluating what risks could occur to a supply
After you review the risk assessment information, create you own 5x5 risk matrix. In short, you are evaluating what risks could occur to a supply chain and how likely it is to occur. Your location is Indiana and depending how you analyze the risk, answers will be different between classmates. For example, one student may analyze the risk from a global perspective while another may look at it from a domestic point of view. Some may look at it from a manufacturing while others may look an it from a procurement or transportation. Any of these are acceptable. The point is to brainstorm ways that the supply chain can be disrupted, knowing that a 5x5 matrix will not cover all of the possibilities.
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