Cargo consists of goods transferred by marine, air, or land methods of transportation. Both historically and currently, the movement of goods by cargo ships is one of the most common ways commodities travel. Despite its commonality, the cargo shipping industry brings a set of threats that require the attention of risk management.
Risk Management and Cargo Shipping
The risks associated with transporting goods across oceans run rampant. Cargo shipments are subject to threats posed by both people and nature that may delay shipments, ruin products, or instigate pollution. Generally, the most common risks associated with cargo shipping include:
- Collisions or weather that results in the loss of product
- Theft and counterfeiting of goods
- Labor and other legal disputes
- Technical issues that impact shipments
The impact of cargo shipping threats is common. As such, responsible business owners should practice risk management techniques regularly and consider purchasing an insurance policy that covers cargo shipping liabilities.
Considering Liability Coverage
Many insurance policies are available to cover cargo shipping liabilities. Before you commit to a coverage plan, ensure that you purchase the appropriate amount of coverage required to safely transport cargo shipments.
Overall, Adequately handling the risks associated with cargo shipping will preserve your business’s finances in the event of an emergency.
Whether you work for a small regional library or a major library system, having a well-organized risk management plan for library management system is indispensable. Taking preventative steps can help the library system avoid the most frequent crises and dangers. Here are the top moves your system could take right away.
Refine the Budget To Prevent and Mitigate Potential Financial Crises
Financial issues are often a top problem for library systems, so it’s worth it to dedicate time to retooling your budget. You can mitigate potential financial crises if you make sure to:
- Pay down the library’s current debts
- Allow wiggle room for unexpected expenses
- Cut back on overspending and unnecessary library purchases
Audit Your Risk Management Plan To Account for Potential Dangers
Regular internal audits are another tool that can help you account for, and potentially avoid, common dangers. Check that your plan includes steps to prevent or mitigate:
- Library content system data breaches
- Natural disasters
- Vandalism, theft, or burglary of library property
- Low foot traffic and waning public interest
- Failures of risk processes
To account for potential crises and mitigate risks, it’s important for your local branch to have a comprehensive risk management plan for library management system in place. If you want to start refining your plan right away, make sure to retool the budget and conduct frequent, thorough plan audits.
When you think of restaurant and food safety, handling practices may be the first thing that comes to mind. You might also think of the risks associated with cooking, such as fires or burns. Many of these risks can be mitigated with the proper use of personal protective equipment in restaurants. Here are just a few ways PPE can help make a commercial kitchen a safer place.
There are a couple of types of gloves that preserve safety in a kitchen environment. Disposable gloves reduce the transmission of contaminants. They can also help workers avoid irritation from foods such as hot peppers or other spices. Heavier oven gloves are useful for transferring hot pans, pots, and dishes without getting burned.
An apron can protect more than your clothing. When made of the right material they also help prevent burns from hot foods and spills. Disposable aprons are also an excellent cover for controlling foodborne pathogens.
In addition to being comfortable, shoes in a kitchen should have certain qualities for the best safety. Ideally, they will be slip-resistant to avoid accidents on floors that can get slick. Shoes that are also resistant to grease and common cleaning chemicals will maintain stability longer.
There is an indisputable need for PPE in a restaurant kitchen. Used correctly, it can help reduce injuries and lower the risk of foodborne illnesses.
Used car dealerships can be lucrative businesses that remain fairly reliable over time: after all, there’s always a need for used cars. But the constant stream of vehicles coming and going, along with particularities of your particular dealership, will inevitably produce some used car dealer risks that should be property managed — and insured — to protect the safety and fiscal well-being of your dealership, and your clients.
What Risks Do Used Car Dealers Face?
Used car dealers face a number of overlapping risks that invariably shift depending on the specific nature of the dealership. Risks include the following, and more:
- Risk of automobile accidents on the premises, or during test drives, particularly due to the high volume of cars coming and going
- Risk of injury to workers or clients, due to high traffic or other factors
- Risk of theft
- Risk of property damage, which may be compounded if your dealership also offers vehicle repairs
- Liability risks arising from the sale, storage, or repair of used vehicles
An experienced insurer can help design a policy that takes your situation into account, and offers coverage commensurate with the unique risks of your business. A comprehensive policy will help ensure safety on the lot, and that you are financially protected if an unexpected incident does occur.