Global Risk Evaluations provides a range of specialist risk management services to assist clients in better understanding and managing their operational risks. Combining first hand operational and management experience, together with an analytical model for identifying and assessing risks, Global Risk Evaluations highlights areas of exposure and then provides a range of practical solutions, working with the client in identifying the most relevant risk mitigation measures and in developing risk management programmes and training.
Agriculture is a truly global business with goods crossing the world on an ever increasing basis. Soy for cattle feed in China is now just as likely to have come from Brazil or the United States as rice for Japan to have been shipped from Thailand.
The reaping and processing of the crops and temporary storage in the field locally have increased risks and threats from theft, spillage, and contamination, as well as from natural perils. Security risk assessments and management will enable producers to better safeguard their crops against pilferage and natural disasters.
Global production requires efficient logistics chains to move products to distant markets without interruption, including live tracking of shipments globally (satellite tracking by land and sea). Our risk management programs help producers and processors minimize chances of supply disruption. Cost control measures are reinforced and profitability enhanced by improvements to procedures and the recurrent attention to risk reduction.
By assessing operational risk and operational weaknesses, we work with management to implement new and revised procedures appropriate of the identified exposures. The risk management process becomes a continual cycle reflecting the dynamic environment; monitoring of risk, strict compliance with procedures, frequent reporting and regular audits. Our programmes address silo management; port, barge, rail, road and transhipment facilities; third party service providers; port and customs controls; procurement practices; claims management and information systems.