Risks and incidents are how you deal with the negative aspects of your suppliers.Risk is the probability that a future incident will occur, and is mainly driven the inherent risk of the context the supplier is operating in, e.g. location and industry.Read more about the risk methodology.Incidents, on the other hand, are concrete incidents that have occurred in the past for a specific supplier.Read more about incident methodology.Both risks and incidents are mapped to the parameter they comment on, and both have a significant amount of nuance behind them. Dive more into the nuance for more detail.
