Risk, Liability, and Flexibility Management Features and Functions
Risk, liability, and flexibility must be managed starting with the design stage through to the end-of-life of a product. There are a number of emerging technologies providing planning, analysis, and execution tools that can deal with distributions of probabilities, rather than forcing you to give a single exact number for things like forecasted demand and expected supply price and availability. These tools also allow the creation and execution of structured supply contracts to mitigate risk. Management of excess and obsolete inventory risks is another important component of risk management.
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Risk and Flexibility Strategy
Commodity planning tools that allows you to deal with uncertainty in demand, supply, price, availability, etc. Ranges instead of a single fixed number for things like the forecast or price or lead times. These are than used to plan a strategy across product lines and across the enterprise, as well as for individual products.
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Risk and Flexibility Planning
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Risk and Flexbility Execution
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Excess and Obsolete Management
Risk, liability, and flexibility must be managed starting with the design stage through to the end-of-life of a product. There are a number of emerging technologies providing planning, analysis, and execution tools that can deal with distributions of probabilities, rather than forcing you to give a single exact number for things like forecasted demand and expected supply price and availability. These tools also allow the creation and execution of structured supply contracts to mitigate risk. Management of excess and obsolete inventory risks is another important component of risk management.
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Sourcing Features and Functions
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