ФІНАНСОВИЙ РИЗИК-МЕНЕДЖМЕНТ У СФЕРІ ЛОГІСТИКИ

Abstract

The article examines the issue of using financial risk management methods in the logistics business. It is established that the war-related situation on the territory of Ukraine has indicated a change in the external and internal conditions of operation of logistics enterprises, which in turn has created additional financial risks. The aforementioned problematics necessitated a comprehensive restructuring of the business strategy, in particular: variable market positioning tactics; monitoring the work of all departments and divisions on an ongoing basis; analyzing and accounting of the crisis constraints; determining the optimal and least risky transportation itineraries, considering changes in access to certain warehouse and storage points, financial and currency restrictions, etc. It is stated that the instability of the economic environment and currency fluctuations increase the financial risks of logistics enterprises, necessitate constant accounting of foreign currency, which in turn requires additional risk management measures. The mentioned aspect creates a necessity to search for ways and methods to minimize currency risks and, as a result, to protect a business entity in the sphere of logistics against potential additional losses. In the course of the study, a situational analysis of the logistics sphere of Ukraine has been conducted. The goal and objectives of logistics activities have been defined. The article defines the fundamental principles of minimization of financial risks in the sphere of logistics. The article summarizes the main methods used to calculate currency risk assessment. Given the introduction of certain peculiarities of working with foreign currency, for instance, during martial law in Ukraine, this system of methods becomes an effective way of leveling currency risks. With the intent of avoiding financial risks as much as possible and minimizing losses from risky transactions, it is worth taking into account not only risk assessment and management methods, but also the current peculiarities of working with currency in an uncertain condition.