Broad guidelines on SC risk management

1. Risk Management in Supply Chain

3. Convene the cross functional team for brainstorming to identify and Map a portfolio of enterprise risks- Financial,Strategic,Operations,Hazards risks.

4. Filter, Assess and Prioritize Risks- relevant to mfg and supply chain and then map them according to probability of occurrence and loss severity(How difficult and costly each risk is to mitigate)

5. List down all the Top 10 risks

7. Identification and Assessment of Risk High Severity Low High Low Prob of Occurrence

10. Length of lead time

11. Concentration or clustering of suppliers

12. Scarcity of qualified labor

13. Instability of work force

14. Degree of custom regulations

15. Level of security requirements

16. Level of demand for product(volume and variability)

17. Legislative policies for the import and export

18. Poor communication

19. Political instability

20. Number of transfer points

21. Lack of vessel capacity and channel overload

22. Strain on poor infrastructure

23. Terrorism

24. Natural disasters

25. Lack of visibility in entire supply chain

26. Technology limitations

27. Limitations on no of suppliers

28. Stringent quality requirements

30. Impact of Disruption in Supply Chain DT- Discovery Time RT- Recovery Time RT DT Impact DT RT Disruption A Event B Event Time

31. Thanks!