- Sourcing Risk
- Vendor Risk
- Currency Risk
- Trading & Derivative Position Risk
- Transportation & Accident Risk
The risk management committee of the group constantly monitors these risks and develops strategies to mitigate and minimize the effect of these risks by ensuring appropriate risk mitigation instruments are used like
De-risking initiatives are well planned and the risk management committee monitors risks on a weekly basis for all business units of the group.
- Hedging ,
- Alternative & backup resources
- Alternate vendors & suppliers
- And reserve funds to ride out the risks etc…
Internal Risks within the group are monitored through ERP software & through appropriate management reporting and various grades of authorized signatories with attendant responsibilities and powers of sanction.
Such a well de-risked business/management model offers our customers unmatched comfort/reliability & integrity in all their dealings / transactions with the Kanachur Group.