Title: 7 Basic Types of Supply Chain Risks
Headings: 7 Basic Types of Supply Chain Risks
7 Basic Types of Supply Chain Risks
Precoro
Some Statistics
About Supply Disruptions
Risk Identification
1. Financial risks
2. Scope of schedule risk
3. Legal risks
4. Environmental risk
5. Sociopolitical risk
6. Project organization risk
7. Human behavior risk
Summary
It’s Time to Tame the Chaos of POs, Approvals, and Budgets.

Content: All the following factors can cost your organization tens of millions in sales and hundreds of millions in brand damage. While reputation may only be important for name brands, cost volatility and supply disruption affect all manufacturers. Some Statistics
The Business Continuity Institute researchers have calculated that supply chain disruption doubled in priority relative to other enterprise disruptions (48% of firms are concerned or extremely concerned). In the same study, 14% had losses from supply chain disruptions that cost over €1 million. About Supply Disruptions
Business experts define supply disruption as any unforeseen event that disturb the normal flow of goods and materials in a supply chain. Such disruptions can have major negative consequences for the management of operations. For example, they can result in production disruptions and hampered productivity and capacity utilization. In the longer term supply disruptions can negatively affect the shareholder price and a company’s long-term financial performance. For a purchasing organization, a supply disruption can also mean the inability to meet demand and satisfy customers. Supply disruptions can come from a wide variety of sources, including physical damage at production facilities, natural disasters, strikes and labor disputes, capacity issues, inventory problems, incorrect forecasts and delays.