The process of identifying, assessing, and mitigating risks to minimize their impact on an organization.

The capacity of a supply chain to anticipate, prepare for, respond to, and recover from disruptions.

Strategies and processes to manage an organization's response to a significant threat or disruption.

Adherence to laws, regulations, and guidelines relevant to business operations and risk management.

The systematic process of evaluating potential risks and their impact on an organization.

A strategic planning tool that identifies strengths, weaknesses, opportunities, and threats in a business context.

Failure Modes and Effects Analysis; a method to identify potential failure points and their impacts.

A document that lists identified risks, their assessment, and mitigation strategies.

A visual representation of data that uses color coding to indicate the severity of risks.

The process of involving individuals or groups who may be affected by or can affect a project.

Actions taken to reduce the severity or likelihood of identified risks.

Cooperation among different departments to achieve common goals, especially in risk management.

Evaluating current practices against regulatory requirements to identify areas for improvement.

A detailed strategy outlining steps to achieve specific goals, including compliance and risk mitigation.

A training exercise that mimics real-life crisis situations to prepare teams for effective response.

The process of combining various documents into a single comprehensive report.

The art of effectively communicating information to stakeholders in a formal setting.

Systems in place to gather input from stakeholders to improve processes and strategies.

The distribution of resources among various projects or departments to ensure optimal performance.

Ensuring that all business practices comply with applicable laws and regulations.

Ongoing efforts to enhance products, services, or processes through incremental improvements.

A method for quantifying risks based on likelihood and potential impact.

Using historical data to forecast future risks and trends in supply chain management.

Skills required to effectively communicate and present information to stakeholders.

Creating educational resources to prepare staff for crisis management and compliance.