Question

In: Operations Management

According to your text, which of the following risk reduction strategies does not "fit" the risk...

According to your text, which of the following risk reduction strategies does not "fit" the risk category as shown below?

Product damage: Use protective packaging; establish training programs; monitor carrier performance

Supply Chain Interruption: connect with quality carriers; monitor carriers finances; stablish alternate carriers and ports

Delivery Delay: Use event management software; employ dynamic re-routing tools

Security Breach: Employ cargo tracking technology; participation in C-TPAT and FAST

Product contamination: Use generic packaging and descriptions; avoid lawless hotspots; strategic routing

Solutions

Expert Solution

Product contamination: Use generic packaging and descriptions; avoid lawless hotspots; strategic routing is the risk reduction strategy which does not "fit" the risk category as shown below. The correct category is Product Loss.


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