Measures the extent to which risks in the supply chain are identified and addressed.
What it Measures ?
Measures how many risks are proactively addressed.
Relevant StakeHolders
Risk Manager, SCM Head
In-depth Use Case / Real-world Example
A company manufacturing solar panels calculates Risk Mitigation Coverage by evaluating how well it has identified and mitigated supply chain risks, such as supplier disruptions, geopolitical factors, and transportation delays. For example, if the company has contingency plans for 90% of its major risks, it has 90% coverage. Strong risk mitigation reduces supply chain vulnerabilities and increases resilience.
By using this website, you agree to the storing of cookies on your device to enhance site navigation, and analyze site usage. View our Privacy Policy for more information.