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Global Trading and Logistics organization | Risk Assessment

   

Added on  2022-08-25

5 Pages683 Words12 Views
Business Development
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Paper Title Capitalized and Centered
Name of Student
Institution Affiliation
Global Trading and Logistics organization | Risk Assessment_1

TITLE OF PAPER IN CAPS 2
Introduction
The Global Trading and Logistics organization mainly deals with supply chain
management and operation process.
Being a global company the organization must take into consideration a lot of legal
laws, transportation operations and international and intercontinental business operations.
The company completes all of its process in a well-mannered and seam less way. To
keep things as they are the organization need to be prepared any kind of risk it will face in the
future.
Global trade and logistics include packing, supply chain management, operations
management, materials handling, transportation management, inventory management,
distribution center management, warehousing, procurement, and systems controls. The
organization mentioned here transports goods globally via boat, train, plane and rail (Osorio et
al., 2017). The products include food, pharmaceuticals, and weapons. the company has offices
in over 200 countries. While the three major cities for the organization are Seattle, London
and Singapore.
Risk assessment
To ensure the proper continuity among the processes and operation that the global
trading and logistics organizations do, a proper risk assessment plan is vital.
The risk assessment plan will look for potential risks.
The plan will investigate and evaluate the nature, and the reason of the threat that the
organization can face in the future.
There can be various types of risk for a global trading and logistics organization, like
political risk, i.e. any country can change their present laws for trading, the organization
Global Trading and Logistics organization | Risk Assessment_2

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