Risk Management in Minerals Procurement
Organization: The Australasian Institute of Mining and Metallurgy
Jan 1, 1989
The nature of the specialty glass and ceramic business magnifies the dependency of the ultimate product on the unique properties of their raw materials used to make them. This dependency has implications in the management of risk in the supply process which requires a special procurement organization and program commitment to be successful. The Coming system of managing critical materials and factors in development of alternate new suppliers and products is discussed.