Question: Using Tyre Manufacturing company as a context answer the following question: As a Supply Chain Risk Manager. You are expected to create a controlled environment
Using Tyre Manufacturing company as a context answer the following question:
As a Supply Chain Risk Manager. You are expected to create a controlled environment by developing a supply chain risk mitigation strategy. In developing this strategy, you should:
aconduct a thorough risk assessment;
bdevelop a risk management strategy; and
cdevelop a business continuity strategy.
Your final product should provide a clear guide on how to ensure effective risk management and promoting good governance.
Please note
Therefore, the risk management plans you compile, therefore, must deal with immediate risks as well as with the longerterm and systemic risks. It is important to use the forms of analysis and tools that are relevant to this field of study.
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