Outage: Difference between revisions
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imported>Doug Williamson (Create page: Source: The Treasurer, Aug 2018, p13.) |
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:<span style="color:#4B0082">'''''Single point of failure'''''</span> | |||
<span style="color:#4B0082">'''''Single point of failure'''''</span> | |||
:"An outage at a key supplier caused by a cyber breach could lead to significant damage to profit and even to reputation longer term. | :"An outage at a key supplier caused by a cyber breach could lead to significant damage to profit and even to reputation longer term. | ||
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* [[Reputational risk]] | * [[Reputational risk]] | ||
* [[Stock out]] | * [[Stock out]] | ||
* [[Uptime]] | |||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Latest revision as of 06:27, 23 July 2024
1. Inventory management.
A situation in which supplier's levels of physical inventory (or stock) are insufficient to meet their customers' requirements.
Also known as a 'stock out'.
2. Service provision.
Inability of a supplier to provide an essential service.
- Single point of failure
- "An outage at a key supplier caused by a cyber breach could lead to significant damage to profit and even to reputation longer term.
- Treasurers should look at third parties and partners, and ask who the business is dependent on.
- Would a single point of failure represent a significant risk?"
- The Treasurer magazine, August 2018, p13.
