Essays24.com - Term Papers and Free Essays
Search

Arcelormittal Dofasco Logistics and Supply Chain Management

Essay by   •  March 31, 2019  •  Case Study  •  433 Words (2 Pages)  •  21 Views

Essay Preview: Arcelormittal Dofasco Logistics and Supply Chain Management

Report this essay
Page 1 of 2

[pic 1]

LOGISTICS AND SUPPLY CHAIN MANAGEMENT (SCM1)

Lawrence Kinlin School of Business

RISK ASSESSMENT

CASE STUDY – PART ‘B’

Course Code: MGMT 6083

Professor: Chris Dell

Group Team Members: Sunil Kuma (0869861)

Jaynish Vyas (0869552)

Ebin Antony (0857503)

Himeshkumar Desai (0851624)

Case Study: B

Date: March 18th, 2019

COMPANY PROFILE:

ArcelorMittal Dofasco plays a key role in North America’s advanced manufacturing supply chain working with the top automotive, energy, packaging and construction brands to develop lighter, stronger and more sustainable products – from cans to cars.

Founded: 1912

Location: Hamilton

Capacity: 4.5 million net tons of high-quality flat carbon steel annually.

Employees: Approximately 5,000 

Website: https://dofasco.arcelormittal.com

Facebook: https://www.facebook.com/arcelormittaldofasco/

Annual Report: EBITDA - $ 8.4 Billion, Net Debt - $10.1 Billion.

https://corporate.arcelormittal.com/~/media/Files/A/ArcelorMittal/investors/annual-reports/2018/Annual%20Report%202018%20-%20Document.pdf

RISKS IDENTIFIED:

Risk

Details

Environmental Pollution

Wastage from chemical resources, chemical and steel waste.

Radiation

Ionization and X-rays used in various processes results in radioactivity.

Demand variation

Demand varies according to the price, market.

Alternatives to steel.                        

Government regulations

Ever changing government policies and regulations affect the industry.

Tariff wars

Competitors can reduce price which can lead to a price war and market destabilization.

Price of Raw materials

Price of raw materials can increase.

Security Risk

Data breaches, usage of outdated technologies.

Merger and Acquisition risk

Constant mergers can lead to instability and the costs involved with mergers.

Psychological Risk

Work pressure, Bullying and harassment of employees.

Conflicts

Conflicts inside management, Conflicts with other employees.

RISK REGISTER:

No

Risk Event

Owner

Likelihood

Impact

Score

Improvement Action

1

Environmental Pollution

HS

3

4

12

Stricter Environment policies, Investment in cleaner practises.

2

Radiation

HS

1

5

5

Installation of Radiation blocking metal plates and radioactive suits.

3

Demand variation

AM

3

4

12

Market Study and finding new category of products.

4

Government regulations

BA

2

4

8

Comply with the government rules and regulations.

5

Tariff wars

JDP

4

5

20

Maximise efficiency and output, thereby reducing input cost.

6

Price of Raw materials

GVP

4

5

20

Securing  raw materials from the safest and cheapest source possible.

7

Security Risk

BW

1

5

5

Strengthen the security measures, firewalls, enhance Intranet security.

8

Merger and Acquisition risk

BA

1

4

4

Studies to determine whether the mergers are financially viable.

9

Psychological Risk

HS

4

3

12

Counselling, Increase basic pay, more leisure activities and stricter harassment policies

10

Conflicts

SC

4

2

8

Conflicts handling committee

# Risk owners are the people responsible in case of any event happening and it’s reporting and control.

...

...

Download as:   txt (4.4 Kb)   pdf (150.3 Kb)   docx (27.5 Kb)  
Continue for 1 more page »
Only available on Essays24.com
Citation Generator

(2019, 03). Arcelormittal Dofasco Logistics and Supply Chain Management. Essays24.com. Retrieved 03, 2019, from https://www.essays24.com/essay/Arcelormittal-Dofasco-Logistics-and-Supply-Chain-Management/89211.html

"Arcelormittal Dofasco Logistics and Supply Chain Management" Essays24.com. 03 2019. 2019. 03 2019 <https://www.essays24.com/essay/Arcelormittal-Dofasco-Logistics-and-Supply-Chain-Management/89211.html>.

"Arcelormittal Dofasco Logistics and Supply Chain Management." Essays24.com. Essays24.com, 03 2019. Web. 03 2019. <https://www.essays24.com/essay/Arcelormittal-Dofasco-Logistics-and-Supply-Chain-Management/89211.html>.

"Arcelormittal Dofasco Logistics and Supply Chain Management." Essays24.com. 03, 2019. Accessed 03, 2019. https://www.essays24.com/essay/Arcelormittal-Dofasco-Logistics-and-Supply-Chain-Management/89211.html.