Risk Management

Identify the various types of risks current and potential

Assessing the risks on inherent and residual basis on the likehood of their impact

Based on the risk tolerance, devising the action plans to deal with the risks

Policies, procedures and controls to effectively carry out the risks

Dissipation of relevant information to the concerned people for discharging the responsibilities

R1 employs a comprehensive risk management system, based on COSO ERM framework, to define, assess, control and mitigate the various risks it gets exposed to through the supply chain. To achieve efficiencies, real time monitoring and key controls at various points of trade, the company deploys the best technological platforms developed indigenously for its trade. This initiative is highly regarded by our business partners because a risk well addressed extends its benefits to all the parties involved in the business. Thus we offer to our partners, “We undertake and manage the complete risk while you reap the rewards!”