Managing Risk to Avoid Supply-Chain Breakdown
Across
- 4. This company lost over $400 million in sales because they employed a single sourcing policy and there was a fire at their only supplier.
- 5. Risk Results from a mismatch between a company's projections and actual demand.
- 6. Intellectual property risk has grown rapidly as supply chains become less...
- 9. This risk refers to unanticipated increases in acquisition costs resulting from fluctuating exchange rates or supplier price hikes.
- 11. Sears stock plummeted more than 30% in one day because of this type of risk.
- 14. Managers can lower excess risks by making existing capacity more...
- 15. If the level of risk is high, managers need to focus on this.
Down
- 1. This can be countered by creating financial hedges, balancing cost and revenue flows by region and building flexible global capacity.
- 2. A group exercise that helps managers and their companies understand and prioritize supply chain risks.
- 3. This occurs when a supplier, through high utilization or another cause of inflexibility, cannot respond to changes in demand.
- 7. The more a company networks its ___, the greater the threat that a failure anywhere can cause failure everywhere.
- 8. For products with high holding costs and/or a high rate of obsolescence, using ___ suppliers is a better strategy.
- 10. Natural disasters lead to this type of risk.
- 12. Holding inventory is appropriate for __ products with relatively low holding costs.
- 13. Distortion increases in the supply chain as you get farther away from the end consumer, known as the ___ effect.