Managing Value Chain Risks

Introduction:

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Topic: Managing the Risk of Value Chain Outage(s)

Describe what would happen to a company’s value chain if all electronic devices and systems suddenly were unavailable and an expected time for resolution time is unknown. How might a company prepare for and manage the risk associated with potential outages? Could a value chain be maintained without electronics and technology to support it? If so, how?

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Answer Preview…………..

Systems and electronic devices are known to malfunction despite the regular repair and maintenance services offered to them. State chains are not static entities that are depicted by organization charts but are living and dynamic ecosystems which must be natured to produce the desired results. To avoid system failures, the Human Collaboration model ought to be implemented in the organization and ought to be cared and maintained by the leaders (Borek, Parlikad, Webb & Woodall, 2013). The following are some of the consequences that are likely to occur in a company`s value chain if all electronic devices and systems break down at once or become unavailable. First, there would be slow movement of goods and services in the value chain if the company solely rely on information systems. Secondly, the company is also likely to lose track of goods in the………….

APA 452 words