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    Aisa Nur Aini - 23020120140135

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    Aisa NurAini
    The document outlines a risk management methodology involving 6 steps: 1) assemble a HACCP team, 2) describe the product, 3) identify intended use, 4) develop a process flow chart, 5) develop standard operational procedures, and 6) establish a monitoring system. It discusses assessing and prioritizing risks, identifying risks, analyzing risks, treating risks, communicating risks, and establishing context for risk management. The goal is the systematic application of policies and procedures to identify, analyze, assess, treat, and monitor risk in order to realize benefits like increased productivity, reduced costs, improved quality and competitive advantage.

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    Aisa Nur Aini - 23020120140135

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    Aisa NurAini
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    The document outlines a risk management methodology involving 6 steps: 1) assemble a HACCP team, 2) describe the product, 3) identify intended use, 4) develop a process flow chart, 5) develop standard operational procedures, and 6) establish a monitoring system. It discusses assessing and prioritizing risks, identifying risks, analyzing risks, treating risks, communicating risks, and establishing context for risk management. The goal is the systematic application of policies and procedures to identify, analyze, assess, treat, and monitor risk in order to realize benefits like increased productivity, reduced costs, improved quality and competitive advantage.

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    AISA NUR AINI_23020120140135 (2)

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    The document outlines a risk management methodology involving 6 steps: 1) assemble a HACCP team, 2) describe the product, 3) identify intended use, 4) develop a process flow chart, 5) develop standard operational procedures, and 6) establish a monitoring system. It discusses assessing and prioritizing risks, identifying risks, analyzing risks, treating risks, communicating risks, and establishing context for risk management. The goal is the systematic application of policies and procedures to identify, analyze, assess, treat, and monitor risk in order to realize benefits like increased productivity, reduced costs, improved quality and competitive advantage.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    10 views1 page

    Aisa Nur Aini - 23020120140135

    Uploaded by

    Aisa NurAini
    The document outlines a risk management methodology involving 6 steps: 1) assemble a HACCP team, 2) describe the product, 3) identify intended use, 4) develop a process flow chart, 5) develop standard operational procedures, and 6) establish a monitoring system. It discusses assessing and prioritizing risks, identifying risks, analyzing risks, treating risks, communicating risks, and establishing context for risk management. The goal is the systematic application of policies and procedures to identify, analyze, assess, treat, and monitor risk in order to realize benefits like increased productivity, reduced costs, improved quality and competitive advantage.

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    of 1

    AISA NUR AINI

    23020120140135
    specialize
    improved understanding of

    diversify Strategies for


    consumer confidence business Step One – assemble the
    managing risk
    HACCP team
    Benefits of risk Step Three – identify the
    increased productivity reduced costs
    intended use(r)
    management
    and efficiency
    pricing alternatives improved quality Step Two – describe
    Preparatory steps
    •Step Four – develop a the product
    enhanced competitive
    reduced litigation
    process flow chart
    advantage
    Assess & Prioritize Risks Step Five – develop Standard
    Identify Risks
    Operational Procedures

    Analyze Risks Monitor & Review

    Risk management

    Treat Risks methodology

    RISK MANAGEMENT
    financial risks
    quality and yield

    Communicate & Consult Establish Context markets and price


    Sources human/personal

    of risk and
    the systematic application of management policies, food safety
    legal and institutional uncertainty
    procedures and practices to the tasks of identifying,

    analysing,assessing, treating and monitoring risk commercial


    liquidity technological obsolescence
    phytosanitary supply
    contractual performance
    futures price
    flat price

    basis quality
    age equity in the business
    Traders risks storage
    timing risks experience opportunity based ris
    credit

    commodity spread legal specialisation/diversity of


    stage of career Attitudes to risk Types of risk
    freight legislative business
    hazard based risk
    documentation sovereign management vary
    climate reliability
    off-farm income streams
    uncertainty based risk

    personal attitudes

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