CHALLENGES IN LOGISTICS
- •Caused by traffic congestion, bad weather, route disruptions, or overcapacity.
- •Leads to financial loss, customer dissatisfaction, and damaged reputation.
- •Risks of theft, cargo loss, or product damage during transit.
- •Requires strict handling SOPs, tracking, and insurance policies.
- •Rising costs of fuel, fleet maintenance, labor, and warehousing.
- •Companies must balance efficiency with maintaining quality service.
RISK
MANAGEMENT
1.
Disruption
Planning
2.
Supplier
Failures
3.
Weather
Conditions
4.
Security
Threats