Checklist for Supply Chain Risk Management

Geographical risk events are currently top-of-mind among purchasing and supply chain managers as a consequence of the COVID-19 pandemic. While risks like quality control issues and mechanical failures are generally easier to predict, geographical risk events are much more difficult to anticipate. As a result, measuring and managing this array of risks is a complex task. 

Range of risks

The coronavirus pandemic is just one of the many risk factors that can impact supply chains worldwide. Other recent examples are Brexit, the US-China trade war, natural disasters such as floods, hurricanes and earthquakes, and of course SARS in the public health context. As supply chains are ever-more complex and interconnected on a global level, they are potentially also more fragile, since they are increasingly impacted by events at both a global and a local level. As a result, the risk and volatility factors are growing.

Digital tools can play a key role in enabling supply chain managers to remodel their supply chains when disruption occurs and, by doing so, to reduce the negative impact of the disruption.

Download the checklist for Supply Chain Risk Management

Supply chain software vendor Tesisquare and Supply Chain Movement have created this checklist to provide an overview of the points to consider when managing geographical risks within your supply chain. Answer these 10 questions to assess the maturity of your supply chain risk management.

Find more checklists of Supply Chain Movement here >>