Question: Guide.docx: S C l Untitled document - Google 9 9 5 0 4 ? module _ item _ id = 6 2 8 6 1

Guide.docx: SCl
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160 Final Flas...
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Topic 15: Risk Management
Chapter Objectives:
Define risk management and discuss why you need to learn how to manage risks ana mitigate the impact of supply disruptions.
Describe why today's supply chain world is so risky, identifying key sources of risk.
Identify and discuss different strategies you can use to manage risks.
Describe the risk management process and be able to construct a risk heat map.
Specific Areas to Study:
How can risk exposure of a potential disruption be calculated?
Describe the risk management strategy of:
@ Hedging
Inventory pooling
Parts standardization
Near sourcing
Postponement
What are each of the steps associated with continuity planning lifecycle?
What supply chain design approaches can help lessen supply chain risk?
What are nntential comrces of cunnly chain dicruntione?
 Guide.docx: SCl Untitled document - Google 99504?module_item_id=6286183 160 Final Flas... Class

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