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Securing supply routes

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      <subfield code="a">Securing supply routes</subfield>
      <subfield code="c">by Pascal Matthey</subfield>
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      <subfield code="a">Companies buy relevant insurance to cover for any cargo losses, but supply chain disruptions will still require a lot of management time and expense. Therefore any  insurance policy should be supplemented by a comprehensive risk engineering approach establishing and mitigating the weakest links in the supply chain route. Marine risk engineers will not only work with companies in reducing the risks of fire, flood and theft for static risks, but will also look at the complexities of modern supply chains. To identify the key areas of exposure throughout the entire supply system the engineers will need to:  gainn a thorough understanding of the goods shipped and the routes used, including the primary hubs and distribution locations; prepare a cargo risk assessment and loss prevention recommendation to minimize exposure; identify key products, business processes and locations as well as the types of events that could cause disruption</subfield>
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