Actions
Note: Common inputs and outputs are listed in alphabetical order. Other inputs and outputs may be required to support varying use cases.Manage Supply Chain Risk Govern 4230000 2 Supply Chain, Risk, Management, Assessment, Mitigation Identify and quantify supply chain risks, evaluate risk strategy and developing and implementing measures to mitigate supply chain risks
G3
Difference between revisions of "G3"
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|keywords=Supply Chain, Risk, Management, Assessment, Mitigation | |keywords=Supply Chain, Risk, Management, Assessment, Mitigation | ||
|description=Identify and quantify supply chain risks, evaluate risk strategy and developing and implementing measures to mitigate supply chain risks | |description=Identify and quantify supply chain risks, evaluate risk strategy and developing and implementing measures to mitigate supply chain risks | ||
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Latest revision as of 04:51, 27 October 2021
The collection of processes associated with identifying, assessing, quantifying, evaluating and mitigating the Risks associated with product and service supply chains. It covers the entire life cycle of the supply chain network as threats and vulnerabilities may compromise the supply chain at any stage.
Supply chain risk is typically Managed over the entire end-to-end supply chain.
Contents
Use Cases
- Supply Chain Risk Management
- Insurance
- Dual sourcing strategy
- Forward buying or hedging
- Supplier qualification
Notes
OpenReference recommends adoption of ISO 31000 processes to build Supply Chain Risk Management governance processes, systems and behaviors. Manage Supply Chain Risk provides the processes to describe an enterprise's Supply Chain Risk Management processes. ISO 31000 is copyright ISO.
Compare to: ISO 31000:2009 Supply Chain Risk Management Risk Register
Hierarchy
| ID | Name | Level | x |
|---|---|---|---|
| G | Govern | 1 | G |
| G3 | Manage Supply Chain Risk | 2 | G3 |
| G301 | Define Context | 3 | G301 |
| G302 | Identify Risks | 3 | G302 |
| G303 | Analyze Risks | 3 | G303 |
| G304 | Evaluate Risks | 3 | G304 |
| G305 | Treat Risks | 3 | G305 |
| G306 | Monitor Risks | 3 | G306 |
| G307 | Report and Communicate | 3 | G307 |
Term(s)
| ID | Name | Clear | x |
|---|---|---|---|
| Risk Register | Risk Register | Risk Register | |
| SCRM | Supply Chain Risk Management | SCRM |
Workflow
| Process |
| ||||
|---|---|---|---|---|---|---|
| G3 | ||||||