Supply Chain Management: Risk Assessment

For each of your 4 risks

a) Explain your risk response and why you would take that approach

b) Identify the best risk treatment technique to respond to the risk

c) Identify the next steps to implement the risk treatment technique

Risk 1 - risk response, treatment techniques, and next steps (5 marks) - Compliance Risk - Environmental Concerns

Risk 2 - risk response, treatment techniques, and next steps (5 marks) - Hazard Risk - Falling Objects

Risk 3 - risk response, treatment techniques, and next steps (5 marks) - Control Risk - Software Failure

Risk 4 - risk response, treatment techniques, and next steps (5 marks) - Opportunity Risk - Looking for New Supplier