cargo risk management

Cargo risk management involves identifying and addressing potential hazards that could damage or lose goods during transportation. It includes assessing risks such as theft, damage from weather, theft, handling errors, or delays, and implementing strategies to prevent or minimize these issues. This process ensures the safety of cargo, reduces financial losses, and maintains supply chain integrity. Techniques include proper packaging, choosing reliable carriers, securing insurance, and following safety protocols. Effective cargo risk management helps businesses ensure their goods arrive safely, on time, and intact, reducing uncertainty and safeguarding their investments.