An internal or external event that causes a disruption or failure of supply chain operations is an example of
A)Bull-whip effect
B)Back-shoring
C)Supply chain risk
D)Six Sigma quality management

Question

An internal or external event that causes a disruption or failure of supply chain operations is an example of
A)​Bull-whip effect
B)​Back-shoring
C)​Supply chain risk
D)​Six Sigma quality management

Quizplus · Accepted Answer

Supply chain risk refers to any potential disruption or failure in the supply chain operations. This can be caused by both internal and external events such as natural disasters, supplier bankruptcy, cyber attacks, and many more. It is important for organizations to have a risk management plan in place to minimize the impact of such events on their supply chain operations. The bull-whip effect refers to the fluctuation of demand upstream in the supply chain due to lack of coordination among supply chain partners. Back-shoring refers to bringing back production or manufacturing activities from offshore locations to the home country. Six Sigma quality management is a methodology focused on continuous improvement in quality control and defect reduction.

An Internal or External Event That Causes a Disruption or Failure