Assignment: Risk Management Plan
Your company produces jet skis for the U.S. market. One of your key suppliers of engine components has filed Chapter 11 bankruptcy.
Your company is hitting its peak production season and has sales forecasts of 2,000 units per week for the next 12 weeks.
Your supplier has enough remaining inventory of components to support your production for 4 weeks.
Create a 15-slide visual presentation with speaker notes that defines the methods that you will use to manage the current supplier situation, and explain how you will identify and onboard a new supplier to ensure the continued supply of components.
Describe the impact of the supplier's previous Chapter 11 bankruptcy on potential supply.
Discuss your options relative to your customer communications during this critical period. Include examples of how other companies have worked with troubled suppliers and established risk mitigation techniques.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.