Question: Can you define supply chain risks? How do you prioritize risks? What is an example of mapping supply chains which show vulnerabilities? How does this

Can you define supply chain risks? How do you prioritize risks? What is an example of mapping supply chains which show vulnerabilities? How does this mitigate the risk, or put another way, reduce or eliminate the risk? Why is it hard to prepare for disasters such as a hurricane? How does adding more inventory mitigate risk? How much does it cost to mitigate risk and how does a company recover this cost?

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