RISK TYPE RISK DESCRIPTION RISK SEVERITY RISK LIKELIHOOD IMPACT LEVEL PARTY RESPONSIBLE COMPENSATING CONTROL

Updating and maintaining the IT

Op Disrupt operations of the platform or the infrastructure in a regular basis to
inventory management system ACCEPTABLE PROBABLE MEDIUM Technical Team minimize disruption through using
backup systems.

Evaluate the market frequently

Existing/ Newly opened Bookstores or other TOLERABLE POSSIBLE MEDIUM Project Management Team accordingly which maintains the
Cus web-based platform for selling and rental of competitive edge
books
Minimizing the risk of the remaining
inventory while keeping an eye on supply
Res Issues in inventory shortage ACCEPTABLE POSSIBLE HIGH Supply Chain Team chains to guarantee that it is in good
shape and potential availability issues
are fixed.
Adjusting to changes in the ways that
Op Consumers’ change of preferences such as TOLERABLE POSSIBLE HIGH Project Management Team consumers buy and read books,
shift towards to digital formats especially in the view of increasing
acceptance of digital content.
Monitoring the market and modifying
Cus Price Sensitive Consumers ACCEPTABLE PROBABLE MEDIUM Project Management Team the offers with reasonable pricing such
as discounts and promotions.

Setting into efficient logistics that

TOLERABLE PROBABLE EXTREME Supply Chain Team provide a return policy that is friendly to
Res Logistical Challenges customers and take their suggestions in
consideration.
Ensuring the safety of any sensitive data
Sec Data Breach INTOLERABLE PROBABLE EXTREME Technical Team and any transactions conducted in the
store.