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 |
---|---|---|---|
EC looks to force market’s hand in euro clearing battle | Industry exasperated as commission proposes new mandates and capital penalties for banks clearing in London |
https://www.risk.net/risk-management/7941596/ec-looks-to-force-markets-hand-in-… | |
Op risk data: Allianz dealt a $4bn blow for not-so-Alpha Funds | Also: Credit Suisse cops two cartel shops; banks get slapped in gender pay gap. Data by ORX News |
https://www.risk.net/comment/7939401/op-risk-data-allianz-dealt-a-4bn-blow-for-… |