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  2. Risk accounting - Wikipedia

    en.wikipedia.org/wiki/Risk_accounting

    Risk accounting introduces the Risk Unit (RU) to measure non-financial risks, enabling their quantification, aggregation, and reporting. This approach uses three primary metrics: Inherent Risk, which quantifies the pre-mitigation level of non-financial risk in RUs; the Risk Mitigation Index (RMI), assessing the effectiveness of risk mitigation activities on a zero to 100 scale; and Residual ...

  3. Risk management - Wikipedia

    en.wikipedia.org/wiki/Risk_management

    Risks to the supply chain range from everyday to exceptional, including unpredictable natural events (such as tsunamis and pandemics) to counterfeit products, and reach across quality, security, to resiliency and product integrity. Mitigation of these risks can involve various elements of the business including logistics and cybersecurity, as ...

  4. Risk control strategies - Wikipedia

    en.wikipedia.org/wiki/Risk_control_strategies

    Risk Control Strategies are the defensive measures utilized by IT and InfoSec communities to limit vulnerabilities and manage risks to an acceptable level. There are a number of strategies that can be employed as one measure of defense or in a combination of multiple strategies together.

  5. How Retailers Are Tapping AI to Mitigate the High Cost of ...

    www.aol.com/finance/retailers-tapping-ai...

    Merchants are increasingly tapping artificial intelligence to mitigate the high cost of product returns in a variety of ways: They’re using AI to make more detailed product descriptions and ...

  6. Enterprise risk management - Wikipedia

    en.wikipedia.org/wiki/Enterprise_risk_management

    Implementing a risk-ranking methodology to prioritize risks within and across functions. Establishing a risk committee and/or chief risk officer (CRO) to coordinate certain activities of the risk functions. Establishing ownership for particular risks and responses. Demonstrating the cost-benefit of the risk management effort.

  7. Supply chain risk management - Wikipedia

    en.wikipedia.org/wiki/Supply_Chain_Risk_Management

    Supply-chain risk management is aimed at managing risks in complex and dynamic supply and demand networks. [1] (cf. Wieland/Wallenburg, 2011)Supply chain risk management (SCRM) is "the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity".

  8. These 10 Products Are Most at Risk for 'Shrinkflation' - AOL

    www.aol.com/10-products-most-risk-shrinkflation...

    See which product categories are shrinking -- and why it can be a bad strategy. ... These 10 Products Are Most at Risk for 'Shrinkflation' Ben Gran, The Motley Fool. May 19, 2024 at 8:00 AM ...

  9. Risk control - Wikipedia

    en.wikipedia.org/wiki/Risk_control

    Risk control, also known as hazard control, is a part of the risk management process in which methods for neutralising or reduction of identified risks are implemented. . Controlled risks remain potential threats, but the probability of an associated incident or the consequences thereof have been significantly red