The supply chain risks include <u>economic, environmental, political, and ethical risks</u>.
<h3>What are supply chain risks?</h3>
Supply chain risks are the exposures, threats, and vulnerabilities that products and services in the supply chain face during production and final distribution to customers.
Some examples of the well-known supply chain risks include:
- Cargo theft
- Climate changes
- Container ship fires
- Product safety recalls
- Economic uncertainty
- Raw material shortages
- Environmental regulations
- Political wars and wranglings
- Global trade wars (e.g. Brexit).
<h3>What are the mitigation tactics against supply chain risks?</h3>
Some of the tactics that the supply chain manager should deploy to mitigate supply chain risks include:
- Cargo insurance
- Inclusive risk planning
- Ensuring supplier quality
- Awareness of suppliers' risks
- Diversifying suppliers and processes.
Thus, the supply chain risks include <u>economic, environmental, political, and ethical risks</u>.
Learn more about supply chain risks at brainly.com/question/20814034
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