Risk Assessment in Logistics

Risk assessment in logistics involves identifying and evaluating potential issues that could disrupt the movement and delivery of goods, such as delays, accidents, theft, or natural disasters. The goal is to recognize these risks early, understand their likelihood and impact, and develop strategies to minimize or manage them. This proactive approach helps ensure that products are delivered on time, costs are controlled, and supply chain operations remain resilient. Essentially, it’s about planning ahead to reduce uncertainty and maintain smooth logistics processes.