Supply Risks Are Still The Biggest Threat For Procurement

Supply risks (e.g. supplier insolvency, insufficient quality, natural disasters) are minimized by risk

management. This includes monitoring possible negative consequences as a result of excessive

mutual dependence between supplier and customers.

Supply Chain Risk Types Management

Supply Risks

Price Risks

Risks Of Supplier Failure

Quality Risks

Compliance Risks

Sustainability Risks

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Supply Chain Risk Types Countermeasures Management

Regular Supplier Evaluation

Long-term Framework Contracts

Implementation of Dual-Sourcing Strategies

Security Stocks

Use of Risk Early Warning System

Redifined Contingencies Or Emergency Plans

Support Programs For Suppliers

Hedging Strategies

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Supply Chain Risk Planning and Action Plan

Benefits of Supply Chain Risk Management

Supply Security

Reduction In Supplier Failures

Price Stabilization

Optimization Of Product & Service Quality Management

Improved Compliance & Sustainability

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