Take control of your supply chain risks with our comprehensive assessment calculator. Input risk factors, probability rates, and impact severity to generate detailed risk scores and visualizations. Get customized recommendations for risk management strategies based on your results. Perfect for supply chain managers, business planners, and risk analysts.
Supply Chain Risk Assessment Calculator
Risk Assessment Results
Risk Factor
Probability
Impact
Weight
Risk Score
Total Risk Score
Risk Distribution
Recommendations
★ Add to Home Screen
×
Follow these steps:
Tap the Share button at the bottom of the browser
Scroll down and tap “Add to Home Screen”
Tap “Add” to confirm
Follow these steps:
Tap the menu icon (⋮) in the top right
Tap “Add to Home screen”
Tap “Add” to confirm
Follow these steps:
Click the menu icon (⋮) in the top right
Click “Bookmarks”
Click “Bookmark this tab” or press Ctrl+D (Cmd+D on Mac)
Is this tool helpful?
Thanks for your feedback!
How to Use the Supply Chain Risk Assessment Calculator Effectively
To utilize this comprehensive supply chain risk assessment tool, follow these steps:
Enter Risk Factor Name: Input a descriptive name for each risk factor (e.g., “Raw Material Shortage” or “Transportation Strike”)
Set Probability: Enter the likelihood of occurrence as a percentage (0-100%). For instance, a cyber-security breach might have a 15% probability, while weather-related disruptions could have a 40% probability
Define Impact Severity: Rate the potential impact on a scale of 1-10, where 1 represents minimal disruption and 10 indicates catastrophic consequences
Assign Weight Factor: Optionally, specify a weight between 0.1 and 5 to prioritize certain risks over others
Understanding Supply Chain Risk Assessment
Supply chain risk assessment is a critical process that helps organizations identify, evaluate, and mitigate potential threats to their supply chain operations. This calculator employs a sophisticated risk scoring methodology based on the following formula:
What factors should I consider when naming risk factors?
Use clear, specific names that accurately describe the risk. For example, instead of “Delivery Problem,” use “International Shipping Delay” or “Last-Mile Delivery Disruption.”
How do I determine the appropriate impact severity rating?
Consider factors such as financial impact, operational disruption, customer satisfaction, and recovery time. A severity of 8-10 should be reserved for risks that could potentially halt operations.
When should I use weight factors?
Apply weight factors when certain risks have heightened importance due to business strategy, seasonal factors, or market conditions. For example, assign higher weights to risks affecting core product lines.
How often should I update my risk assessment?
Regular quarterly assessments are recommended, with additional evaluations following significant supply chain changes or market events.
Can I compare risk assessments across different departments?
Yes, the standardized scoring system allows for meaningful comparisons across departments, facilities, or supply chain segments.
How should I interpret the risk distribution chart?
The chart visualizes the relative contribution of each risk factor to your total risk profile, helping identify areas requiring immediate attention.
What actions should I take based on the recommendations?
Develop action plans aligned with the risk levels identified. High-risk areas require immediate mitigation strategies, while medium-risk areas need preventive measures and monitoring.
Advanced Features and Capabilities
Risk Trend Analysis
Track changes in risk scores over time to identify patterns and emerging threats. This historical perspective enables proactive risk management and strategy refinement.
Customizable Risk Categories
Group related risks into categories such as:
Operational Risks
Financial Risks
Environmental Risks
Compliance Risks
Market Risks
Interactive Visualization
The calculator provides dynamic charts and graphs that update in real-time as you input data, offering immediate visual feedback on your risk profile.
Best Practices for Risk Assessment
Data Collection
Gather historical data on past incidents
Consult industry reports and trends
Include input from key stakeholders
Consider geographical and seasonal factors
Risk Evaluation Process
Review and update assessments regularly
Document assumptions and rationale
Validate findings with subject matter experts
Consider interconnected risks
Important Disclaimer
The calculations, results, and content provided by our tools are not guaranteed to be accurate, complete, or reliable. Users are responsible for verifying and interpreting the results. Our content and tools may contain errors, biases, or inconsistencies. We reserve the right to save inputs and outputs from our tools for the purposes of error debugging, bias identification, and performance improvement. External companies providing AI models used in our tools may also save and process data in accordance with their own policies. By using our tools, you consent to this data collection and processing. We reserve the right to limit the usage of our tools based on current usability factors. By using our tools, you acknowledge that you have read, understood, and agreed to this disclaimer. You accept the inherent risks and limitations associated with the use of our tools and services.
