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TUHH

Qries

# Risk Consequences Measures Risk category
16 Design

Faulty Design and Manufacturing can prove as a risk for the supply of downstream companies.

TQM, Lean Manufacturing or Six Sigma

Process risks
17 Inventory

Excess Inventory and simultaneously falling prices can significantly hurt a companies profit. The rule of thumb says "the larger the product variety, the greater a company's exposure to inventory risk".

  • pooling inventory
  • creating common components across products
  • postponing or delaying till the receipt of orders the last stage of production from which emerges product variety
Process risks
18 Capacity

Having inadequate capacities can mean, that a company will not be able to meet a demand and/or make a significant loss.

  • Having excess capacity at all times
  • managing capacity more flexible
Process risks
19 Imprecise or Wrong Decision Guidelines

missing and/or not practicable instructions for the co-workers

require reliable and up-to date-documentation of all processes 

Control risks
20 Supplier delays
  • Increase in business costs
  • Decrease in customer satisfaction
  • Cash flow issues
  • Implementation of tracking systems
  • Working with domestic suppliers
  • Supplier training and development
  • Continuous inventory monitoring 
Supply risks