Risk Management – Supply Chain Strategy (Mansfield)

Whether you are in the path of a hurricane or your identity has been compromised by a major company’s security breach, risk is everywhere. It can impact companies large and small. It doesn’t sleep and often shows up uninvited. This session helps you to identify the triggers of risk events, the importance of developing a plan to mitigate them when they do occur, and how to establish monitoring metrics and activities so you may be prepared for the inevitable. Participants will also learn how the financial impact of risk is determined and why a Risk Management Plan is an essential element to operational efficiency. The 4 major elements of a risk management program, which include Risk Intelligence, Risk Analysis, Risk Treatment, and Risk Monitoring and Response will be specifically addressed.