Supply chain risk management
start
Global Raw Industries
THE MISSION
You are the Supply Chain Risk Manager of Global Raw Industries, a leading food corporation, with HQ in Chicago. You have to protect the production facilities from multiple supply chain risks. Failing to do so will result in substantial financial loss and, potentially, your job loss. All depends on your wise planning and decision making skills. Your boss is on your shoulders, always demanding you to be "risk-agnostic". Are you? That depends on surviving all risk challenges ahead.
THE base
Find the clue you need to keep moving forward
QUESTION 1/3
Vulnerability / Continuity
Supply Chain Risk Management aims to reduce ________ and ensure _________
Vulnerability / Severity
QUESTION 2/3
Fan and Stevenson
In 2018, _______ did a research about the topic Supply Chain Risk Management and came up with a proposal about a possible definition
Yan and Peterson
QUESTION 3/3
Internal and External Risks
Corporate risk can came from many sources, sometimes related to internal production and distribution processes and management of a company, and sometimes from the outside. According to Mason-Jones and Towill (1998), we can classify these risks as...
Internal and Supply Chain risks
THE base
Find the clue you need to keep moving forward
QUESTION 1/3
High Internal Risk and Low External Risks
The relationship between external and internal supply chain risks is very close. High stock levels creates...
High Internal Risks and High External Risks
Low Internal Risks and high EXternal Risks
QUESTION 2/3
Known and prepared for
According to Chattam House, the events referred to as "high impact-low probability are classified as ...
Black Swans
Known and unprepared for
QUESTION 3/3
can be returned to its original state after a major disruption
A resilient supply chain is a system that ...
has the ability to maintain full output during a disruption
maintains customer service even during a disruption
the base
Find the clue you need to keep moving forward
QUESTION 1/3
ISO 30100
One of the ways in which firms can formally approach management of risk is ...
ISO 31000
ISO 22301
QUESTION 2/3
South America
As a result of the high-tech industry's quest for cost management and operational efficiency, manufacturing production has moved away from mature markets into ...
Africa
Asia
QUESTION 3/3
Processed foods have long and complex suppply chains
Despite food safety standards organizations, supply chains have been vulnerable to illegal substitution of products because...
The other two answers are both correct
The industry is often under severe cost pressure
the base
Find the clue you need to keep moving forward
QUESTION 1/3
disfunctional communication between local and central risk management
absence of risk management policies and procedures
While automotive and high-tech supply chains have been hit badly by economic shocks and natural disasters, processed food have been compromised by substitution of ingredients and fashion retailers have been rocked by outsourcing incidents. In all these cases, the root problem was ...
too much reliance on best-case scenarios and eliminating worst-case scenarios
lack of visibility and management preparedness to deal with unexpected events
QUESTION 2/3
Geo-physical, hydrological, meteorological, climatic and space-related events
All options are correct
Natural disasters are those that can result from:
Geo-physical, hydrological meteorological and climatic events
Geo-physical, hydrological, metaphysical and climatic events
QUESTION 3/3
Earthquakes and Floods
Floods and Extreme Weather
By type of global natural disasters, we are experiencing an increase in ...
Droughts and Extreme Temperature
Floods, Landslides and Extreme Temperatures
the base
Find the clue you need to keep moving forward
QUESTION 1/3
Japanese Tsunami and Thai Floods
Icelandic Volcano and Thai Floods
For global supply chains, the most costtly event in recent years were...
Tohoku Earthquake and Hurricane Katrina
Japanese Tsunami and Hurricane Katrina
QUESTION 2/3
the HQ called the stores to empower the employees and praise them
It had visibility of its distribution network, allowing it to track and trace its vehicles and shipments
Walmart's response to Katrina disaster was based on many advantages over the supply chain of the government agency FEMA. For example...
It had more money to spend in incentives to its employees to engage in supporting the population
The employees had high moral values and high behavioral standards compared with FEMA's employees
QUESTION 3/3
tansports and infrastructure
packaging and warehousing
An improvement in food yelds and production, although important, is unlikely to be sufficient on its own to solve the need to increase food needs expected rise in Africa and other develoing countries. There must be improvements in ...
all aspects of the food supply chain
cargo load/unload and planning
Mission Complete
You are a true Risk-Agnostic! Code : 238974
START OVER?
Are you sure you want to go out?
You will lose progress
exit
back
MISSION FAILED
You've destroyed the base......
try again
Supply Chain Risk Management
Carlos Lopes Cruz
Created on May 15, 2023
SCRM THM
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Transcript
Supply chain risk management
start
Global Raw Industries
THE MISSION
You are the Supply Chain Risk Manager of Global Raw Industries, a leading food corporation, with HQ in Chicago. You have to protect the production facilities from multiple supply chain risks. Failing to do so will result in substantial financial loss and, potentially, your job loss. All depends on your wise planning and decision making skills. Your boss is on your shoulders, always demanding you to be "risk-agnostic". Are you? That depends on surviving all risk challenges ahead.
THE base
Find the clue you need to keep moving forward
QUESTION 1/3
Vulnerability / Continuity
Supply Chain Risk Management aims to reduce ________ and ensure _________
Vulnerability / Severity
QUESTION 2/3
Fan and Stevenson
In 2018, _______ did a research about the topic Supply Chain Risk Management and came up with a proposal about a possible definition
Yan and Peterson
QUESTION 3/3
Internal and External Risks
Corporate risk can came from many sources, sometimes related to internal production and distribution processes and management of a company, and sometimes from the outside. According to Mason-Jones and Towill (1998), we can classify these risks as...
Internal and Supply Chain risks
THE base
Find the clue you need to keep moving forward
QUESTION 1/3
High Internal Risk and Low External Risks
The relationship between external and internal supply chain risks is very close. High stock levels creates...
High Internal Risks and High External Risks
Low Internal Risks and high EXternal Risks
QUESTION 2/3
Known and prepared for
According to Chattam House, the events referred to as "high impact-low probability are classified as ...
Black Swans
Known and unprepared for
QUESTION 3/3
can be returned to its original state after a major disruption
A resilient supply chain is a system that ...
has the ability to maintain full output during a disruption
maintains customer service even during a disruption
the base
Find the clue you need to keep moving forward
QUESTION 1/3
ISO 30100
One of the ways in which firms can formally approach management of risk is ...
ISO 31000
ISO 22301
QUESTION 2/3
South America
As a result of the high-tech industry's quest for cost management and operational efficiency, manufacturing production has moved away from mature markets into ...
Africa
Asia
QUESTION 3/3
Processed foods have long and complex suppply chains
Despite food safety standards organizations, supply chains have been vulnerable to illegal substitution of products because...
The other two answers are both correct
The industry is often under severe cost pressure
the base
Find the clue you need to keep moving forward
QUESTION 1/3
disfunctional communication between local and central risk management
absence of risk management policies and procedures
While automotive and high-tech supply chains have been hit badly by economic shocks and natural disasters, processed food have been compromised by substitution of ingredients and fashion retailers have been rocked by outsourcing incidents. In all these cases, the root problem was ...
too much reliance on best-case scenarios and eliminating worst-case scenarios
lack of visibility and management preparedness to deal with unexpected events
QUESTION 2/3
Geo-physical, hydrological, meteorological, climatic and space-related events
All options are correct
Natural disasters are those that can result from:
Geo-physical, hydrological meteorological and climatic events
Geo-physical, hydrological, metaphysical and climatic events
QUESTION 3/3
Earthquakes and Floods
Floods and Extreme Weather
By type of global natural disasters, we are experiencing an increase in ...
Droughts and Extreme Temperature
Floods, Landslides and Extreme Temperatures
the base
Find the clue you need to keep moving forward
QUESTION 1/3
Japanese Tsunami and Thai Floods
Icelandic Volcano and Thai Floods
For global supply chains, the most costtly event in recent years were...
Tohoku Earthquake and Hurricane Katrina
Japanese Tsunami and Hurricane Katrina
QUESTION 2/3
the HQ called the stores to empower the employees and praise them
It had visibility of its distribution network, allowing it to track and trace its vehicles and shipments
Walmart's response to Katrina disaster was based on many advantages over the supply chain of the government agency FEMA. For example...
It had more money to spend in incentives to its employees to engage in supporting the population
The employees had high moral values and high behavioral standards compared with FEMA's employees
QUESTION 3/3
tansports and infrastructure
packaging and warehousing
An improvement in food yelds and production, although important, is unlikely to be sufficient on its own to solve the need to increase food needs expected rise in Africa and other develoing countries. There must be improvements in ...
all aspects of the food supply chain
cargo load/unload and planning
Mission Complete
You are a true Risk-Agnostic! Code : 238974
START OVER?
Are you sure you want to go out?
You will lose progress
exit
back
MISSION FAILED
You've destroyed the base......
try again