Common Goals for an RMA:

Compliance – Reacting to externally imposed corporate governance guidelines that concern risk identification, disclosure, management, and monitoring. Defense – Anticipating problems before they threaten the company‘s strategic objectives. This is largely avoiding unknown issues that could undermine company progress. Coordination/Integration Read More …

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Risk management assessment (RMA)

This is the first step in developing a comprehensive risk management program. The RMA identifies, analyses, and reports on an organization‘s material risk exposures. It provides a multi-dimensional view of risk, taking into account organization-wide enterprise risks and specific insurance-related Read More …

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Identifying supply chain risks

You can limit the impact of supply chain disruptions by identifying the risks within your supply chain and developing ways to mitigate them. You should document this process in a risk management plan, which is part of your overall business Read More …

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Responding to supply chain disruptions

Although prevention and being prepared go a long way toward ensuring supply chain continuity, disruptions can still occur. Creating an incident response plan will allow you to effectively manage your business’s immediate response if your supply chain is disrupted. It’s Read More …

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