Examples of Identified Risk in a sentence
Establish a phase-out plan for the In-scope supplier that has red flags and/or sources from the Identified Risk Entity.
Vishay tailors its risk mitigation procedures for each Identified Risk Entity based on the individual Identified Risk Entity's facts and circumstances.
Establish a defined time period that the Identified Risk Entity will work with Vishay's purchasing department to mitigate its identified risks.
Conduct formal reviews of Identified Risk Entities that do not mitigate their identified risks by the established deadline date.
Terminate purchasing activities with the In-scope Supplier if the Supplier does not remove the smelter or refiner that is an Identified Risk Entity from its supply chain.
Design and implement strategy to respond to identified risks Red Flag Suppliers, smelters and refiners not on the RMI Standard Smelter list, smelters and refiners with unknown country sourcing, and other smelters and refiners that are considered to present risk (collectively, "Identified Risk Entities") are all subject to Vishay's risk mitigation procedures.
Design and implement strategy to respond to identified risks Red Flag Suppliers, smelters and refiners not on the EICC Standard Smelter list, smelters and refiners with unknown country sourcing, and other smelters and refiners that are considered to present risk (collectively, "Identified Risk Entities") are all subject to Vishay's risk mitigation procedures.
Design and Implement a Strategy to Respond to Identified Risk As previously described, we review each supplier CMRT response to (i) provide feedback to our suppliers and (ii) identify risks in our supply chain related to the use of 3TG.
Design and Implement a Strategy to Respond to Identified Risk As previously described, we review each supplier CMRT response in order to (i) provide feedback to our suppliers and (ii) identify risks in our supply chain related to the use of 3TG.
In the event supplier responses indicate that 3TG contained in the products supplied to the Company originated from the covered countries, they are reported to the 3TG Project Team.· Step 3 – Design and Implement a Strategy to Respond to Identified Risk: We have a risk management plan to address concerns that a supplier may be providing Orthofix with products that contain 3TG sourced from the covered countries.