Price or quantity movement before confirmation.
Core risk areas
Risk management starts before purchase by defining the risk, owner, preventive control and closure evidence.
Commercial risks
Specification or weight variance from requirement.
Quotation expiry or delayed customer decision.
Weak buyer or supplier verification.
Veterinary and regulatory risks
Inspection results or quarantine requirements.
Changes in competent-authority requirements.
Incomplete certificates or permits.
Health restrictions or route suspension.
Logistics and financial risks
Assembly, vessel or port delays.
Freight, handling or insurance increases.
Working-capital gaps and payment timing.
Currency movement or collection failure.
Control register
Describe probability and impact.
Assign an owner and review date.
Define preventive action and contingency.
Do not close a risk without evidence or a documented decision.
Review risk before commitment
Execution should not start only because a price exists; controls and responsibilities must be clear.