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Risk Assessment Standard (RAS)

TAPA Risk Assessment Standard (RAS) 2023 provides practical guidance and best practices for member companies to manage their supply chain risks effectively. By following TAPA RAS, companies can identify potential risks, assess their likelihood and impact, and develop effective mitigation strategies to reduce the risk of supply chain disruptions. This standard aims to help companies enhance their supply chain resilience, improve operational efficiency, and ensure continuity of their operations in the face of potential disruptions.

The ultimate goal of this standards is to support companies in creating a more resilient and sustainable supply chain that can withstand potential disruptions and create long-term value for all stakeholders. The standards is supported by an audit checklist and training material, aimed at helping members to implement the recommendations stated in this standard.

  • Why supply chain risk management is crucial in the contemporary strategic environment
  • What the principles of risk management are and how they apply to supply chain risk management
  • How to conduct supply chain mapping in order to establish context and scope for supply chain risk management
  • The steps required for effective risk identification
  • How to conduct effective risk analysis and evaluation
  • Choosing the appropriate risk treatment and devising effective risk mitigation strategies
  • Establishing effective monitoring and review processes
  • How to design and implement a risk communication strategy 

The typical audiences for this standard are individuals and organizations involved in the management of complex international supply chains, including: 

  • Supply chain managers
  • Risk managers
  • Procurement professionals
  • Compliance officers
  • Consultants

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