supply risk

USAGE SUMMARY

The phrase "supply risk" is correct and usable in written English.
It can be used in contexts related to business, logistics, or supply chain management to refer to the potential issues or uncertainties that may affect the supply of goods or services. Example: "The company is currently assessing the supply risk associated with its overseas suppliers to ensure a steady flow of materials."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

47 human-written examples

For example, recovery of tellurium from recycling cadmium telluride solar panels could reduce supply risk.

Massachusetts Institute of Technology

The relative supply risk index gives a score for each metal from very low risk to very high risk.

The Guardian

In the past, companies that dominate the global coffee business have managed their supply risk by diversifying their suppliers.

The Guardian

Based on the supply chain contract design theories and focusing on the acquisition process in closed-loop supply chains, this paper analyzes different supply risk sharing contracts including under-supply risk sharing contract, over-supply risk sharing contract, complete supply risk sharing contract, and no risk sharing contract.

International Journal of Production Economics

Our research is based on the supply risk management problem faced by a manufacturer.

Computers & Operations Research

The first is the need for a dynamic perspective on the supply risk dimension.

Journal of Cleaner Production

Human-verified similar examples from authoritative sources

Similar Expressions

13 human-written examples

This feeds conflict and raises supply risks.

The Guardian

Alternatively, companies can use flexibility to deal with hidden supply risks.

Harvard Business Review

Recent studies have provided market structure and contracting strategies to manage biomass supply risks.

Energy Strategy Reviews

Postdoc Michele Bustamante wins Congressional Fellowship for her research analyzing supply risks and cost dynamics for key metals in high technology.

Massachusetts Institute of Technology

"The risk is that 2009 cuts to investment plans increase these longer-term supply risks," the analysts said in a report.

The New York Times

Expert writing Tips

Best practice

Incorporate mitigation strategies when addressing "supply risk". Outline specific actions that can be taken to minimize the potential impact of disruptions. For example, diversifying suppliers, building buffer stocks, near-shoring and strengthening relationships with key suppliers.

Common error

Don't use "supply risk" as a catch-all for general business uncertainties. "Supply risk" specifically refers to potential problems in obtaining the necessary resources or materials for production. Be precise and use the correct terminology for other business risks, such as "market risk" or "financial risk".

Linguistic Context

The phrase "supply risk" functions primarily as a noun phrase, often used as a subject or object in a sentence. Ludwig confirms that it is commonly used to describe potential disruptions or uncertainties related to the availability of resources.

Expression frequency: Very common

Frequent in

Science

53%

News & Media

28%

Formal & Business

19%

Less common in

Academia

10%

Wiki

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "supply risk" is a frequently used noun phrase that refers to the potential for disruptions or uncertainties in obtaining necessary resources. As Ludwig confirms, this term is considered grammatically correct and is commonly used across various sectors, including science, news, and business. Mitigation strategies are often discussed in conjunction with "supply risk", emphasizing the proactive management of potential disruptions. Common alternatives include "procurement risk" and "sourcing risk". Failing to properly define and mitigate "supply risk" can lead to significant operational and financial consequences.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

procurement risk

Focuses specifically on the risk associated with acquiring goods or services.

sourcing risk

Highlights the risk involved in identifying and selecting suppliers.

availability risk

Emphasizes the potential for goods or resources to be unavailable.

shortage risk

Directly refers to the risk of not having enough of a particular item.

supply chain vulnerability

Broadly addresses the weaknesses within the entire supply chain process.

disruption risk

Highlights the risk of interruptions or disturbances to the supply process.

material scarcity

Focuses on the limited availability of essential materials.

resource depletion risk

Refers to the risk of exhausting natural resources.

security of supply

Highlights the importance of guaranteeing a reliable supply.

supply chain resilience

Indicates the capacity of a supply chain to recover quickly from difficulties.

FAQs

How can I use "supply risk" in a sentence?

You can use "supply risk" to discuss potential disruptions to the availability of resources. For example, "The company is assessing the "supply risk" associated with relying on a single supplier".

What are some alternatives to "supply risk"?

Depending on the context, you can use alternatives such as "procurement risk", "sourcing risk", or "availability risk" to convey similar meanings.

What factors contribute to "supply risk"?

"Supply risk" can arise from various factors, including geopolitical instability, natural disasters, reliance on single suppliers, and limited material substitutability.

How can companies mitigate "supply risk"?

Companies can mitigate "supply risk" by diversifying their supply base, building buffer stocks, near-shoring, and implementing robust risk management strategies.