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Risk Management Model in an Ecological Storage Facility

Author

Listed:
  • Ewa Kulinska
  • Julia Giera

Abstract

Purpose: The aim of the article is to develop a risk management model in an ecological storage facility. Design/Methodology/Approach: The research methodology used is the ICOM cube and the BPMN method, which give the opportunity to present elements enabling risk management in a warehouse facility using environmental principles. Findings: Implementation risk management model in an ecological storage facility enables sustainable development of the company, maintaining appropriate quality standards of the services provided and protection the surrounding environment. Practical Implications: The subject of ecology and risk factor management in warehouse management is an inherent challenge of logistics warehouse facilities. The combination of these two aspects is important for sustainable development in warehouse management. The presented models of risk management in warehouse management make it possible to reduce the occurrence of disruptions and protect the natural environment. Originality/value: The developed risk management model in an ecological storage facility enables the implementation of risk management procedures with sustainable development, which is an important aspect in the modern world. The implementation of the model by the examined entities will not only reduce the occurrence of risk factors, but also protect the natural environment. The combination of these two elements shows a new aspect of risk management in logistics companies.

Suggested Citation

  • Ewa Kulinska & Julia Giera, 2020. "Risk Management Model in an Ecological Storage Facility," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 389-397.
  • Handle: RePEc:ers:journl:v:xxiii:y:2020:i:special1:p:389-397
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    More about this item

    Keywords

    Ecology; warehouse management; ICOM cube; BPMN method.;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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