Allcargo Logistics Ltd, India’s leading integrated logistics provider received an award for ‘Best Risk Management Practice’ in the category of Supply Chain (Logistics) at the 3rd India Risk Management Awards 2017 held at Taj Lands End, Mumbai.
Attended by several industry professionals, 14 winners were announced at the ceremony. Representing Allcargo Logistics, Suryanarayanan, Director Finance and Mukundan – Chief Assurance & Risk Executive received the award in presence of Nassim Nicholas Taleb, who is an expert risk analyst, trader, philosopher and the author of ‘The Black Swan’. Allcargo Logistics emerged as a winner for its ability to efficiently determine risks and manage it at an acceptable level while handling cargo of its customers and adding value to them.
Bagging the award for best practices in supply chain risk management marks an important milestone in the journey of Allcargo Logistics’ Risk Management Practice.
Commenting on the occasion, Shashi Kiran Shetty, Founder and Chairman, Allcargo Logistics Ltd, said: “This is proud moment for us at Allcargo Logistics. Good risk management is about identifying and managing risk across an organization and has become increasingly important for the success and longevity of any business. I would like to congratulate our team for their effortsâ€Â.