10 Jul Managing Sourcing Risks of Starbucks Supply Chain
Question Description
Please investigate and analyze a specific type of supply chain risk of a specific company or industry, and develop risk management plan. More specifically, the following guiding questions should be addressed:
Guiding questions
What specific risk scenarios and challenges the firm is confronting? Are these scenarios the root causes that you should start managing? Please provide background information based on the company’s fact or relevant facts from other firms in the same industry.
How does the company assess or quantify these risks? If they do not, can you suggest some way to do it?
What are your suggestions to proactively manage/mitigate these scenarios? Please use the risk management framework to justify your suggestions.
Please suggest monitoring mechanisms or management processes to ensure that your suggestions are executed consistently and continuously in the company.
Hints: visit the webpage of the company you are interested, download their annual reports, find the risk exposure section, find the risks that are supply chain related, and do more investigation from there.
Font size 11, single or 1.5 line spacing, 3-4 pages long report
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