Supply Chain Sustainability and Raw Material Management by Kardar Laleh

Supply Chain Sustainability and Raw Material Management by Kardar Laleh

Author:Kardar, Laleh...
Language: eng
Format: epub
Published: 2014-05-01T22:03:38.455000+00:00


2. What negative effects could prevent the organization from achieving its goal?

3. What positive effects (i.e. opportunities) are possible?

Responses to these three questions are the foundation of risk management; therefore, risk management could make be simply defined as the process of risk analysis and identifying methods to deal with risks.

Risk management is a process during which the necessary decisions are taken for accepting a known risk as well as decisions required for implementing measures to reduce the probability of occurrence and effects risks. Risk management process for each activity includes four steps as follows:

1. Identifying the risk associated with the activity,



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