What is Risk
Risk is something that every business has to take to move forward.
However, with most businesses taking some type of risk every single day, it needs to be asked what risk exactly is.
Supply Chain Risk Categories
Supply Risks
"Supply risks pertain to risk events on the supply side that include supplier defaults or other unexpected changes in supply cost, delivery, quality or reliability." 4, p. 23
Process Risks
Risks within a companies own Supply Chain and the Processes within this Supply Chain 4, pp.24ff
Control Risks
Misapplicatoin of rules controlling supply chain processes e.g. order quantities. 18, pp.10-11
Demand Risks
The uncertainty of Product Demand is universal challenge for all companies in all fields of business. 4, pp.26ff
Natural Risks
Risks arising from uncontrollable natural events, e.g. earthquakes or weather-related disaster. 18, pp.11-13; 20, p.5
IT Risks
Especially in a highly digitized business environment, an IT system failure anywhere can cause a failure everywhere. 20, p.5; 21, p.56
Risk News
| Titel | Beschreibung | Quelle | Veröffentlicht |
|---|---|---|---|
| Op risk data: Credit Suisse hit for $900m in offshore trust bust | Also: Goldman boys’ club gets the boot; HSBC double whammy; Havilland’s economic sabotage plan. Data by ORX News |
https://www.risk.net/comment/7956939/op-risk-data-credit-suisse-hit-for-900m-in… | |
| EU active account rule may impose costly CCP basis | Buy-siders say end-users could be forced into volatile Eurex/LCH basis at the worst time under EU proposals |
https://www.risk.net/risk-management/7956959/eu-active-account-rule-may-impose-… | |
| Dora ‘critical tech vendor’ designation could cast a wide net | Experts think cloud services, data providers and software firms are all in regulators’ sights |
https://www.risk.net/risk-management/7956927/dora-critical-tech-vendor-designat… | |
| FMIs pose greatest challenge for operational resilience tests | Risk Live: Calls for large-scale industry exercises to plan what happens if major CCPs go down |
https://www.risk.net/risk-management/7956920/fmis-pose-greatest-challenge-for-o… | |
| New BoE rules could force banks to cull multiplying models | Risk Live: Model risk management to become more labour-intensive, as model definition is broadened |
https://www.risk.net/risk-management/7956919/new-boe-rules-could-force-banks-to… | |
| Risk managers mull Basel-style climate standards | Risk Live: Splintered approach to stress-testing across jurisdictions “very, very worrying”, says risk expert |
https://www.risk.net/regulation/7956915/risk-managers-mull-basel-style-climate-… | |
| Risk managers warn of emerging geopolitical crisis in Asia | Risk Live: Rising political tension between China and Taiwan has bank risk management teams on high alert |
https://www.risk.net/risk-management/7956899/risk-managers-warn-of-emerging-geo… | |
| FCA may offer its market data to surveillance tech start-ups | Regulator concerned rapid AI adoption will favour incumbent vendors; aims to launch sandbox this year |
https://www.risk.net/risk-management/7956894/fca-may-offer-its-market-data-to-s… | |
| After SVB downfall, EBA stress test seeks out unrealised losses | European regulator asks for data on the fair value and sensitivity of bonds and their hedges |
https://www.risk.net/risk-management/7956755/after-svb-downfall-eba-stress-test… | |
| ERM reboot: how insurers are turning risk decisioning into strategic advantage | Enterprise risk management is a powerful strategy to identify, assess and manage risks across the business. For insurers, two ERM objectives are critical: ensuring regulatory compliance and establishing a framework for healthy investment risk appetite |
https://www.risk.net/insight/risk-management/7956829/erm-reboot-how-insurers-ar… |
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