Risk Management

1. Risk Analysis
Warehouse Service Providers
Submitted by –
Ajit Kumar Prasad
Ankit Shukla
Kevin Chahwala
Chetna Mandarwal
Nikita Mahendru
Sandesh Pednekar
Shafat Hussain
Vilas Pokharkar
CCS National Institute of Agricultural Marketing, Jaipur

2. Risk Library of Warehouse Service
Providers
 Natural Disasters
Floods
Earthquake
Windstorm
Epidemic
 Chemical Disasters
Fire
Contamination
Rodents
Insects
CCS National Institute of Agricultural Marketing, Jaipur

3.  Operational Errors
Product damage
Mis-shipments
Errors in inventory records
Mistakes in warehouse receipts
 Human Disasters
Employee misconduct
Theft
Strike at warehouse
Strike at supplier or major customer
CCS National Institute of Agricultural Marketing, Jaipur

4.  Customer Failures
Bankruptcy
Legal disputes
 Utility Failures
Power failure
Disruption of water supply, gas supply
IT/telecoms failure
Mechanical breakdown
Disruption of transport facilities
 Government Interventions
Change in government policies
 Work Force
Skilled labour scarcity
CCS National Institute of Agricultural Marketing, Jaipur

5. Risk categories
Unknown – Unknown Known – Unknown Known - Known
 Floods
 Earthquake
 Epidemic
 Fire
 Contamination
 Product Damage
 Theft
 Work stoppage
 Power failure
 Disruption of water supply
 Disruption of gas supply
 IT/telecoms failure
 Mechanical breakdown
 Disruption of transport
facilities
 Change in government policies
 Mis-shipments
 Errors in inventory records
 Mistakes in warehouse receipts
 Employee misconduct
 Bankruptcy
 Legal disputes
 Skilled labour scarcity
CCS National Institute of Agricultural Marketing, Jaipur

6. Risk Mitigation Measures
 Insurance
 Fire protection systems
 Use of fumigants and Rat traps
 Use of e-receipts
 Proper maintenance of inventory records
 Providing good incentives to the employees
 Installation of CCTV Camera for high tech surveillance.
 Banking guarantee and Letter of Credit
 Legal actions
 Backup for utility failures
 Impart training programmes
CCS National Institute of Agricultural Marketing, Jaipur

7. Description of Risks
Demand Supply
 Bankruptcy
 Legal disputes
 Fire
 Contamination
 Infestation
 Product Damage
 Theft
 Work stoppage
 Skilled labour scarcity
 Mis-shipments
 Errors in inventory records
 Mistakes in warehouse receipts
 Employee misconduct
 Utility failure
 Disruption of transport facilities
 Change in government policies
CCS National Institute of Agricultural Marketing, Jaipur

8. Thank You
CCS National Institute of Agricultural Marketing, Jaipur