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 |
|---|---|---|---|
| US regional bank casualties: the Fitch Ratings view | The rapid collapse of four US banks in March raised serious questions over risk management failures and regulatory blind spots. Christopher Wolfe and Olivia Perney of Fitch Ratings discuss the root causes of the problems in the US – and concerns surrounding the robustness of western European institutions |
https://www.risk.net/risk-management/7957162/us-regional-bank-casualties-the-fi… | |
| Plumb job: can Basel III unblock US credit risk transfer? | Deals from G-Sibs have slowed in recent years due to regulatory confusion over capital relief |
https://www.risk.net/regulation/7957090/plumb-job-can-basel-iii-unblock-us-cred… | |
| Lenders try to move fast and fix things in UK BTL market | Relaxing stress tests when buy-to-let clients switch banks to remortgage is key to avoiding a credit squeeze |
https://www.risk.net/risk-management/7957118/lenders-try-to-move-fast-and-fix-t… | |
| Optical computer beats quantum tech in tricky settlement task | Microsoft’s analog technology twice as accurate compared to IBM’s quantum kit in Barclays experiment |
https://www.risk.net/investing/7957070/optical-computer-beats-quantum-tech-in-t… | |
| A new era for risk: the move toward ‘customer risk experience’ | Research into the risk function of the future has identified a strong and accelerated drive to consider risk management as a key enabler of a great customer experience. This evolution has been termed the ‘customer risk experience’ |
https://www.risk.net/risk-management/7957031/a-new-era-for-risk-the-move-toward… | |
| ECB zeroes in on wrong-way risk as a key lesson of Archegos | Counterparty risk experts agree with focus on “long-neglected” topic after family office default |
https://www.risk.net/risk-management/7957021/ecb-zeroes-in-on-wrong-way-risk-as… | |
| The battle to stop energy markets boiling over | European CCPs and supervisors join call for changes to mitigate any repeat of last year’s crisis |
https://www.risk.net/risk-management/7956825/the-battle-to-stop-energy-markets-… | |
| Futures industry must hone comms after Ion hack | Operational resilience hinges on maintaining communication channels in a cyber outage |
https://www.risk.net/risk-management/7957020/futures-industry-must-hone-comms-a… | |
| The chatbot and the quant: GPT shakes finance education | With smarter large language models, quant grads risk turning into AI-assisted slackers, writes Gordon Lee |
https://www.risk.net/comment/7956974/the-chatbot-and-the-quant-gpt-shakes-finan… | |
| Esma calls for enhanced disclosures in OTC energy markets | LME has already mandated more information on non-cleared positions to help foresee market shocks |
https://www.risk.net/risk-management/7956980/esma-calls-for-enhanced-disclosure… |
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