Eliandro Oliveira

Risk Management in the supply chain

A supply chain can be affected in innumerable ways. Problems with inventory, generalized system failures, storage problems, delays in material flow, and even force majeure incidents like natural disasters or acts of terrorism, which can ruin an entire logistics process.   

Risk Management comes into play in this scenario to mitigate supply chain risks through a variety of strategies – technology processes are included therein - which control all the operational stages of transportation.  

All becomes simpler and safer when process management is in place. Therefore, it is essential that there be a team or a professional to perform Risk Management work to reduce accidents that can often cause incalculable losses.   

A Risk Management plan can be helpful in many ways:

  • by offering intelligent logistics services to companies that lack this type of support;
  • knowledge of transportation law and in the area of finances;
  • monitoring of transporting vehicles;
  • electronic maintenance control/equipment;
  • cargo mapping, which reduces the risk of average;
  • improvement in the selection of professional staff;
  • ongoing application of safety measures (insurance policy analyses).

Do you see how important it is to ensure the safety of your business? In addition to adequate insurance, it is fundamental to be able to count on Risk Management specialists and consultants to provide support to your company.