Which category of supply chain risk results from a mismatch between a company’s projections and actual demand?Group of answer choicesSystems riskInventory riskForecast riskCapacity risk

Which category of supply chain risk results from unanticipated increases in acquisition costs resulting from fluctuating exchange rates or supplier price hikes?Group of answer choicesProcurement riskReceivables riskDelay riskForecast risk

Which of the following supply chain disruption risk mitigation strategies can also improve supply chain cost efficiency?Group of answer choicesAdding capacity at different locationsReducing supply chain complexityHaving multiple suppliersIncreasing inventory levels

To effectively manage supply risks, the supply manager mustMultiple Choiceinform the corporate risk officer of a potential risk, await instructions, and implement the directive.identify and classify risks, assess and monitor the potential impact, and develop a risk mitigation strategy.seek input from senior executives in other functional areas, propose a risk mitigation plan, and await instructions from senior management.review the commodity strategy, revise it as needed, and implement the strategy revision.confer with the chief financial officer (CFO), provide all requested data, and implement the CFO’s plan.

What potential challenges might organizations face when mapping supply chains?  A. Insufficient demand forecasting  B. Excessive supplier collaboration  C. Limited technological advancements  D. Inadequate risk management

The need for risk management increases as globalization of supply chains increases.Group startsTrue or False