Question

Which of the following would be considered a Supply Chain Risk Management activity?

a) Increasing safety stock
b) Develop a formal risk management program
c) Diversify the supply base
d) All of these choices are correct.

Answer 1

B.
Supply Chain Risk Management Explained
It includes planning and managing, sourcing, procurement, conversion, and logistics. One primary reason that companies implement a global supply chain management strategy is to boost their competitive advantage.