oboloo

oboloo Glossary

Internal Supply Chain Risks

oboloo Glossary

Internal Supply Chain Risks

Internal supply chain risks are those associated with the production and operational processes of an organization. They can be divided into two categories: operational risk, which includes factors such as labor availability, facility breakdowns, and supplier disruption; and strategic risk, which relates to the management of resources, quality control, and product obsolescence.

In today’s business world, these risks are ever-present, and they can have dire consequences for organizations. If not identified and addressed promptly, they can cause significant economic damages. Companies need to manage their internal supply chain risks effectively by understanding their operations, assessing potential risks, and taking preventive action when possible.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971