Emergency sourcing, that requires additional time and relationship building, represents which risk management activity to reduce supply chain risk?
A)Develop a formal risk management system
B)Utilize a supply chain IT system
C)Increase safety stocks and forward buying
D)Identify backup suppliers and logistics services
E)Diversify the supply base

Question

Quizplus · Accepted Answer

Identifying backup suppliers and logistics services involves building relationships and planning for emergencies, which helps reduce supply chain risk by ensuring alternative options are available.

Emergency Sourcing, That Requires Additional Time and Relationship Building, Represents