Question: 2. Performing an effective risk assessment comes down to four core elements which include risk identification, risk analyses, risk evaluation and communication. Using a risk

2. Performing an effective risk assessment comes down to four core elements which include risk identification, risk analyses, risk evaluation and communication. Using a risk assessment template explain the process of writing a risk assessment? 25marks- Compulsory question. 3. A. Discuss the risk associated with Porter's five forces with relevant examples? 15 marks B. Discuss the role of procurement officers in Risk Identification? 10 marks 4. Using practical examples from industry or literature, write short notes on the following: A. Risk in international sourcing 5 marks B. Quality Risk and SERVQUAL 5 marks C. Supply Chain Insurance 5 marks D. Risk Treatment or control mechanisms 5 marks E. Risk Grievance Mechanisms 5 marks ALL THE BEST 1. SUPPLY CHAIN SEGMENTATION-ABC ANALYSIS-COMPULSORY PART ID PRICE (USD) ANNUAL DEMAND P001 2.25 260 P002 2.85 53 P003 1.50 21 P004 0.77 388 P005 4.45 612 P006 6.10 220 P007 3.10 110 P008 1.32 786 P009 12.80 14 P010 24.99 334 LECTURER-EVANS ADJEI Page 1 P011 P012 P013 P014 P015 P016 P017 P018 P019 P020 7.75 0.68 0.25 3.89 7.70 6.22 0.85 0.77 1.23 24 77 56 89 675 66 148 690 52 12 4.677 4.05 NB: ADJUST THE TABLE AS NEEDED [Total parts=20, Total annual demand = 4,6771 1. A. Prioritize SKU's by their annual dollar value to the firm? 15 marks B. Create logical groupings (A, B, C) using percentage annual value? 20marks C. Identify the SKU's that management should spend time on and give reasons for your choice (s)? 15 marks

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