Category Archives: RISK MANAGEMENT

Risk Heat Map

Posts on Risk Management will be created in first half of 2015.

In the meantime, a great tool is using Heat Map where you may evaluate suppliers or categories.

Do your analysis, plot the suppliers or categories in appropriate position on the map. Explain your critical risks (red, yellow) how you will mitigate the risk – actions that are integral part of your Sourcing Strategy road map.

Risk Management Heat Map