The objective of this project is to analyze potential risks in supply chain operations and develop mitigation strategies to minimize disruptions. The study focuses on identifying vulnerabilities in procurement, transportation, and inventory management while proposing contingency planning frameworks.
Identify key supply chain risks such as supplier failure and transportation delays.
Collect historical data on operational disruptions.
Conduct risk assessment using probability-impact matrix.
Analyze supplier dependency and diversification strategies.
Evaluate inventory buffering and safety stock policies.
Study contingency planning and backup sourcing methods.
Recommend digital monitoring tools for early risk detection.
Perform cost analysis of risk mitigation strategies.
Develop risk management framework for the organization.
Present findings using risk dashboards and reports.
Suggest long-term resilience strategies.
Compile detailed analytical report with recommendations.
