Which of the following would be considered a Supply Chain Risk Management activity?
A) Increasing safety stock
B) Diversify the supply base
C) Develop a formal risk management program
D) All of the above

Question

Quizplus · Accepted Answer

All of the choices listed are activities that fall within the realm of Supply Chain Risk Management. Increasing safety stock mitigates the risk of stock-out situation, diversifying the supply base helps mitigate the risk of sole-source dependency, and developing a formal risk management program helps identify and manage potential risks in the supply chain.

Which of the Following Would Be Considered a Supply Chain