DESCRIPTION
The AD Supply Chain Risk Management tool is aimed at business who need to recognise and address the risks that are present in their supply chain and business that if not addressed could result in harm to operations, customers or results. The tool works to first identify and then prioritise those risks which are the ones that it makes sense to address first. Many businesses over emphasise the inbound supply chain when considering risk, this tool ensures that the impact of the demand side of the business is considered as well as the organisations internal operations. A proforma Risk Management Plan is included to help drive the action to mitigate or put in place contingency plans for the identified risks. The excel model can be used as many times as needed and the recommended approach is a continuous cycle of identification and action.
This comprehensive tool includes a detailed Supply Chain Risk Management Assessment Sheet, enabling you to systematically evaluate various risk categories such as demand, supply, environmental, process, and control risks. Each risk is meticulously scored based on likelihood, impact, and detectability, ensuring a robust prioritization process. This methodical approach aids in pinpointing the most critical risks that could disrupt your operations, thereby allowing for targeted mitigation strategies.
The Risk Driver Priority chart provides a visual representation of risk scores, facilitating quick identification of high-priority risks. The included Risk Treatment Plan template ensures that all proposed actions, resource requirements, responsibilities, and timelines are clearly documented and monitored. This structured format guarantees that your risk management efforts are both proactive and comprehensive, driving continuous improvement in your supply chain resilience.
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Source: Best Practices in Supply Chain Analysis Excel: Supply Chain & Business Risk Assessment Excel (XLSX) Spreadsheet, adsupplychain
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