188 • Managing Supply Chain Risk
Response 6.11 (also refers to Question 1 and Question 2):
For all three of these, our company is in the process of putting a strategy
in place, so we are not yet at the point of measuring the eectiveness of
what has been put in place. We are thinking through all of this real- time
now. e high- level strategy that our company is driving toward is to have
redundancy in place that would allow 80% of our revenue to be recovered
within a quarter of a catastrophic incident.
QUESTION 7:
How is the eectiveness of supply risk management processes monitored
and evaluated on an ongoing basis?
Response 7.1:
We review risk on a monthly basis with our entire supply chain group at a
plant level and at a global level. Dur