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 |
|---|---|---|---|
| Osttra to launch Treasury clearing middleware | Mid-year delivery expected for system that aids credit checking for repo trades |
https://www.risk.net/risk-management/7961028/osttra-to-launch-treasury-clearing… | |
| Banks divided over CME’s done-away model for UST clearing | Buy side could give thumbs-up if questions on margin protection and guarantee fees are answered |
https://www.risk.net/risk-management/7961025/banks-divided-over-cmes-done-away-… | |
| Why JP Morgan’s Santos wants to make bad news travel fast | Asset management CRO says sharing information early holds the key to avoiding surprises |
https://www.risk.net/investing/7960983/why-jp-morgans-santos-wants-to-make-bad-… | |
| Mitigating model risk in AI | https://www.risk.net/risk-management/7960979/mitigating-model-risk-in-ai | ||
| BoE warns over risk of system-wide cyber attack | Senior policy official Carolyn Wilkins also expresses concern over global fragmentation of bank regulation |
https://www.risk.net/risk-management/7960974/boe-warns-over-risk-of-system-wide… | |
| Treasury clearing timeline ‘too aggressive’ says BofA rates head | Sifma gears up for extension talks with incoming SEC and Treasury officials |
https://www.risk.net/regulation/7960962/treasury-clearing-timeline-too-aggressi… | |
| Strengthening technology resilience and risk controls against multidomain disruption | The consequences of multidomain disruption and best practice strategies to enhance digital resilience |
https://www.risk.net/insight/risk-management/7960725/strengthening-technology-r… | |
| Op risk data: Mastercard schooled in £200m class action | Also: Mitsubishi copper crunch, TD tops 2024 op risk loss table. Data by ORX News |
https://www.risk.net/comment/7960934/op-risk-data-mastercard-schooled-in-ps200m… | |
| Diversification of LDI liquidity buffers sparks debate | Funds using credit assets to top up collateral waterfall, but some risk managers are sceptical |
https://www.risk.net/risk-management/7960936/diversification-of-ldi-liquidity-b… | |
| Transforming stress-testing with AI | Firms can update their stress-testing capability by harnessing automated scenario generation, says fintech advocate |
https://www.risk.net/comment/7960731/transforming-stress-testing-with-ai |
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