Risk scores signify the likelihood, frequency, and consequence of risks facing a company. The information obtained from risk scoring prioritizes risk exposures for mitigation by inspecting suppliers, sites/locations, products, and parts. Risk scores allow businesses to focus on the efficient, rapid allocation of investment dollars against these potential risks. Risk scores may consider: • The quality or financial condition of a supplier • Technology leadership • Price competitiveness • Location risk exposure • Shipping modes • Routes exposure
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