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 |
|---|---|---|---|
| DRW calls for regulation of fiat-backed stablecoins | Regulatory intervention would shore up confidence in flagging market, says major market-maker |
https://www.risk.net/risk-management/7951111/drw-calls-for-regulation-of-fiat-b… | |
| Risk culture 2.0: redefining attitudes and behaviours in an era of change | https://www.risk.net/market-access/risk-management/7951396/risk-culture-20-rede… | ||
| Ex-Deutsche CRO: banks face hundreds of billions in climate fines | Banks risk becoming a “whipping dog” in the fight against climate change, says departing risk chief |
https://www.risk.net/risk-management/7951106/ex-deutsche-cro-banks-face-hundred… | |
| Don’t just reach for the ’70s inflation playbook – CROs | Lack of inflation experience on risk teams not a concern, buy-siders say |
https://www.risk.net/derivatives/7951061/dont-just-reach-for-the-70s-inflation-… | |
| Thriving in the new resilience normal | While the Covid-19 pandemic may be largely behind us, new challenges emerge as firms renavigate and optimise operations in the ‘new normal’. Today the focus has shifted to making operational resilience scalable and sustainable. In a Risk.net panel session convened in collaboration with Fusion Risk Management, risk leaders discussed the growing need to move from being reactive to proactive |
https://www.risk.net/risk-management/7950901/thriving-in-the-new-resilience-nor… | |
| Geopolitics, volatility and transformation: the top trading and intraday risk management concerns | At a recent webinar held by ICE and Asia Risk, experts discussed how they are dealing with unprecedented global events and the subsequent impacts on volatility |
https://www.risk.net/market-access/risk-management/7950631/geopolitics-volatili… | |
| Fog of war: the struggle to manage geopolitical risk | Financial firms ponder how to factor the Ukraine conflict and wider global unrest into stress-testing |
https://www.risk.net/risk-management/7948776/fog-of-war-the-struggle-to-manage-… | |
| Op risk data: Glencore hauled over the coals in $1bn+ bribery probe | Also: Russian banks in fraud fails; Citi’s fat-finger fumble; the devil’s in the data detail. Data by ORX News |
https://www.risk.net/comment/7950366/op-risk-data-glencore-hauled-over-the-coal… | |
| Nickel debacle weakens UK’s case on clearing supervision | LME episode comes amid scrutiny of UK regime and fresh Brexit row |
https://www.risk.net/our-take/7950106/nickel-debacle-weakens-uks-case-on-cleari… | |
| ORX to launch controls benchmarking service | App will be delivered via start-up tech platform led by former HSBC op risk chief |
https://www.risk.net/risk-management/7949866/orx-to-launch-controls-benchmarkin… |
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