Assignment: Supply Chain Risk Mitigation
Read this article on supply chain risk mitigation, and then answer each of the following questions in 6-10 sentences. Provide critical assessment based on the above article, text readings, scholarly research, and personal experience. Cite your resources using APA format.
1. What factors (risks) can potentially disrupt a supply chain, and how?
2. What factors are the largest contributors to flexibility? Explain each of them.
3. How is a multiple linear regression model useful in measuring flexibility?
4. Explain the process of contingency planning.
Guideline: Short papers should use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to a discipline-appropriate citation method. Page-length requirements 2-4 pages.
Article: Minimizing supply chain disruption risk through enhanced flexibility by Joseph B. Skipper and Joe B. Hanna.