Supplier Risk

Supplier risk analysis aims to assess the risks presented by suppliers who provide the company with raw materials, energy, and information in order to prevent process outage resulting from a shortage of raw materials.

Challenges facing Supplier Risk Management

  • determining revenue generated by end-to-end processes
  • determining the proportion of raw materials delivered by suppliers within overall material requirements to serve the end-to-end process
  • creating a balanced scorecard which takes all real risks into account
  • compiling a supplier risk map

Supplier Risk Management dashboard

  • determining the annual revenue of the end-to-end processes
  • impact level of suppliers in terms to ¬†end-to-end processes
  • supplier risk map
  • comparison of the supplier’s risk level