How would you go about identifying and assessing the operational risks? What do you think are you key risks facing this decision? Who are your key stakeholders and how would you communicate these risks to them?

You are the Risk Manager for an auto manufacturing company. Your company is outsourcing the procurement of a very critical component to a third-party supplier based in Florida. How would you go about identifying and assessing the operational risks? What do you think are you key risks facing this decision? Who are your key stakeholders […]

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