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 |
|---|---|---|---|
| Clearing members welcome LME default fund cap | But 2022 nickel crisis still makes hedge funds doubt banks would foot the bill for default at all |
https://www.risk.net/risk-management/7961152/clearing-members-welcome-lme-defau… | |
| Shaking things up: geopolitics and the euro credit risk measure | Gravitational model offers novel way of assessing national and regional risks in new world order |
https://www.risk.net/comment/7961145/shaking-things-up-geopolitics-and-the-euro… | |
| Crypto custody a bit(coin) closer after US accounting U-turn | Federal banking supervisors expected to eventually relax regimes for safeguarding digital assets |
https://www.risk.net/risk-management/7961143/crypto-custody-a-bitcoin-closer-af… | |
| EU racing to comply with active account rules | Industry wants simpler route to exemptions ahead of ‘challenging’ deadline for new clearing regime |
https://www.risk.net/risk-management/7961139/eu-racing-to-comply-with-active-ac… | |
| Banks urged to track vendor AI use, before it’s too late | Veteran third-party risk manager says contract terms and exit plans are crucial safeguards |
https://www.risk.net/risk-management/7961124/banks-urged-to-track-vendor-ai-use… | |
| JSCC plans to open JGB clearing to foreign investors | Clearing house aims to boost cleared market liquidity in Japanese government bonds |
https://www.risk.net/risk-management/7961128/jscc-plans-to-open-jgb-clearing-to… | |
| Large banks safer for CCPs than they get credit for | Plentiful pre-positioned liquidity softens the blow of resolution, new research argues |
https://www.risk.net/regulation/7961099/large-banks-safer-for-ccps-than-they-ge… | |
| JP Morgan, Eurex push for DLT-driven collateral management | High-stakes project could be a litmus test for the use of blockchain technology in capital markets |
https://www.risk.net/risk-management/7961105/jp-morgan-eurex-push-for-dlt-drive… | |
| Start planning for post-quantum risks now | Next-gen quantum computers will require all financial firms to replace the cryptography that underpins cyber defences, writes fintech expert |
https://www.risk.net/comment/7961102/start-planning-for-post-quantum-risks-now | |
| US Treasury clearing mandate poses riddle for Asian markets | Participants unclear on how far the rules will reach, or the role of inter-affiliate exemptions |
https://www.risk.net/risk-management/7961096/us-treasury-clearing-mandate-poses… |
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