See 7 questions listed below

User Generated

Gbavr9372

Business Finance

Description

I will attached the seven questions that I need answered.

Unformatted Attachment Preview

1. What are the major internal and external risks to the modern global supply chain? 2. Discuss the significant difference between supply chain decisions made under certainty versus uncertainty. 3. Discuss a potential supply chain/ logistics risk for the automotive, pharmaceutical or food industry. 4. Discuss one of the supply chain trends that are changing the potential risk of disruption. 5. Why does the SCRM approach depend to a great extent on Step 5 of the process? 6. Discuss the tool that you believe is the most appropriate for analyzing past risk events that have caused supply chain disruption. 7. What tool might be useful to conduct risk analysis? 1
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Hello! Here is the final answer. If you need any revisions or additional information. Just let me know.

Surname 1
Name
Instructor
Course
Date
Supply Chain Questions
1. Risks to Modern global supply chain
External risks to modern global supply occur outside a company’s reach/ authority and
occur due to low or non-predictability. The most common external risk economic risks include;
environmental risks and geopolitical risks. Economic risks include cost fluctuations and currency
volatility (Walters, n.p). Environmental risks on the other side include natural calamities and
outbreaks and epidemics. Finally, geopolitical risks include political unrests, terrorism, and fraud
among others. Internal supply chain risks can be defined as risk factors within a firm’s
jurisdiction and happen due to the inappropriate methodology used or put in place. These include
but are not limited to: Substandard IT technology, Implementation challenges, Supplier
execution, Expertise, Supply system design.
2. Decisions made under certainty versus uncertainty.
The main difference lies in the outcome of the decisions that have been made. The results
of the decisions under ...


Anonymous
This is great! Exactly what I wanted.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags