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Risk Management and Contingency Planning for Global Supply Chains at Nike Requirements: Conduct a risk assessment for Nike's global supply chain operations, considering geopolitical risks,
Risk Management and Contingency Planning for Global Supply Chains at Nike
Requirements:
- Conduct a risk assessment for Nike's global supply chain operations, considering geopolitical risks, natural disasters, and supplier disruptions.
Risk Category | Risk Description | Mitigation Strategy |
Geopolitical Risks | Trade tariffs and political instability | Supplier diversification and trade policy monitoring |
Natural Disasters | Earthquakes and hurricanes | Disaster recovery plans and insurance coverage |
Supplier Disruptions | Labor strikes and production delays | Dual-sourcing and supply chain visibility technologies |
- Develop contingency plans to mitigate identified risks and ensure continuity of supply.
- Analyze the financial and operational impact of potential disruptions on Nike's global operations.
- Recommend risk management strategies to enhance supply chain resilience and responsiveness.
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