Supply Chain · Resilience · Component
The failure points
Where a single failure stops supply, each carrying a status of accepted or mitigated rather than merely noted.
The deliverable
What it is
Efficiency and resilience trade against each other continuously, whether or not anyone names it. Every buffer removed makes the ordinary case cheaper and the unusual case worse.
A failure point that has been consciously accepted is a managed risk. One that has merely been noticed is not.
One level in
What it is made of
Each element is a constituent part of the component. Follow one to see the attributes it carries.
The points
Each place where a single failure would stop supply.
3 attributes: Failure point · Type · Affects
LearnThe impact
What would happen, and how quickly.
3 attributes: Time to impact · Recovery time · Cost
LearnThe status
Whether the risk is accepted, mitigated or unaddressed.
3 attributes: Status · Accepted by · Mitigation
Learn
An accepted risk needs a name against it. Otherwise acceptance is indistinguishable from not having looked.