In logistics and supply chain management, risk tolerance is the maximum level of risk an organization is willing to accept in order to achieve objectives.
Source: https://www.iso.org/iso-31000-risk-management.html
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.