Articles

Risk Management Process

What we will discuss in this article are the tools and respective functionality we need to consider employing. Each of the following steps make up the RISK MANAGEMENT PROCESS:

  1. Risk Identification
  2. Risk Analysis
  3. [...]

Process View of Supplier Risk

What we will discuss in this article are the tools we need to use in the application of the RISK MANAGEMENT PROCESS (which is the fifth and last article in this series).

Risk Management in Procurement

In case we’ve forgotten, let’s define what RISK IS:

  • Webster’s Dictionary: Exposure to the chance of injury or loss.
  • APICS/ASCM: Decisions and activities that have outcomes that could negatively affect information [...]
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