Page 575 - Aida Hovsepian Onboarding
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Risk Mitigation
• Supply risk
– Supplier risk assessment process and on-going monitoring to ensure
supplier health
– Weather, natural disasters
• Price risk
– Risk Oversight Committees
– Third party commodity risk management support for strategic sourcing
– Fixed price vs. price volatility
• Brand risk
– Support Brand initiatives ranging from corporate social responsibility to
response to activist causes
