Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.
Risks can come from uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, as well as deliberate attack from an adversary, or events of uncertain or unpredictable root-cause.
Several risk management standards have been developed including the:
- Project Management Institute
- National Institute of Standards and Technology
- ISO standards
At Kirby International we have the strategies to manage these risks for our customers.
At Kirby International our experience is your advantage. We can offer you services including:
Liaising with your Freight Forwarder, accounting, production and logistical teams. Our goal to make sure that your shipments get out correctly and on time.
We prepare all of your export documents so that they comply with letters of credit.
Helping you deal with your bank especially with letters of credit.
As well, we can advise on:
Helping you set your export pricing and payment policies / which currency / who pays the freight and insurance / ensuring payment for each shipment / checking sales contracts / ensuring profitable sales.
Evaluating freight forwarders, comparing rates and routes and overseas representation — minimising costs, getting the best service for you and your customers.
Kirby International can provide a physical or electronic facility or system in which multiple participants have the ability to execute or trade agreements, contracts, or transactions by accepting bids and offers made by other participants in the facility or system.
Alliances and Partnerships provide synergy and economies of scale. However, it is extremely important to have the right partner, who shares your vision and your values. We work with Companies to understand their strengths and needs, then scan the market from a zero-base level to identify potential partners. We support partnership negotiations and help set systems and processes for ongoing interaction between the Partners. The partnerships could range from buy and sell agreements, to service agreements to management agreements to franchise agreements to simple marketing and co-branding partnerships.
Supply chain management is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage.
Supply chain activities cover everything from product development, sourcing, production, and logistics, as well as the information systems needed to coordinate these activities.
The organizations that make up the supply chain are “linked” together through physical flows and information flows.
Physical flows involve the transformation, movement, and storage of goods and materials. But just as important are information flows. Information flows allow the various supply chain partners to coordinate their long-term plans, and to control the day-to-day flow of goods and material up and down the supply chain.
Kirby International has a deep understanding of the supply chain requirements to meet customer expectations.