TRANSPORT. SAFETY AND ECOLOGY. LOGISTICS AND MANAGEMENT
Forecasting the occurrence of risks and the dynamics of their development in navigation
Trans Motauto World, Vol. 8 (2023), Issue 1, pg(s) 21-24
Analysis of claims incoming over the past years and the industry data on losses in supply chains allows to identify the most common risks and pay attention to the necessary measures to protect cargo during transportation.
Sometimes it is difficult to establish the relationships between a specific event and business, then logisticians use a probabilistic approach.
They predict how events can develop in the future. Each outcome is calculated and assessed as a separate risk.