How far along are you in implementing strategies to address future risk?

Peer Insights Risk Management

91+%7%

76-90% complete22%

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51-75% complete28%

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3.6k views2 Upvotes1 Comment

Chief Supply Chain Officer in Healthcare and Biotecha year ago

This is an ongoing effort as changes to supplier networks to address risks of disruption take time and effort. But at least technology is being used to track supplier risks down to tier 3 and helping avoid bottlenecks building into the supply chain.

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I would like to see if there is some consistency across industries in terms of definitions for data asset, data domain, and data product?

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Director of Enterprise Data & Analytics in Retail13 days ago

I look at those terms as general terms that do not have unique definition across industries, rather different forms of those terms by industry.

Data assets and data products are closely related, data domains are a ...read more

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What is the most effective way to measure forecast accuracy and at what level do you share forecast accuracy reporting with an executive audience? Total company gives an overly positive view of results, but lower levels seem too detailed for the audience. Any insights into how to share the forecast accuracy results and what is considered good (e.g., greater than 75%) would be appreciated.

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Director of Supply Chain in Healthcare and Biotech7 days ago

You should start by educating your executive audience. While they may be happy that total revenue $ forecasts are within a few percentage points, this is not what matters to operations. As I like to say, we make things ...read more

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