Supply Chain Risk Management
Supply Chain Risk Management is the systematic identification, assessment, and mitigation of potential disruptions in a supply chain, including operational, financial, and environmental risks, to ensure continuity, efficiency, and sustainability of operations. It is a crucial capability in robust Supply Chain Management.
Level 1: Emerging
At an emerging level, you are beginning to understand the importance of managing and mitigating risks in the supply chain through identification, assessment, prioritization, and implementing preventive measures.
Level 2: Proficient
At a proficient level you are able to identify, assess, and mitigate risks within the supply chain, ensuring continuity of operations and minimizing disruptions to the flow of goods and services.
Level 3: Advanced
At an advanced level, you are able to proactively identify, assess, and mitigate risks throughout the supply chain, integrating risk management strategies seamlessly into supply chain operations.