Authors:-Aishwarya Chatterjee, Barun Maji
Abstract:- In today's fast-paced world, industrial sectors are already confronted with a slew of internal and external factors that impede their operations. Aside from numerous internal and external causes, other elements have evolved at a rapid speed. These considerations provide a significant challenge to all industrial firms attempting to thrive in this competitive period. Manufacturing sectors must deal with methods and strategies for dealing with all of these types of risk. Thus, risk management becomes a critical duty of any manufacturing unit. Taking these aspects into account, we have brought to light the genuine problems that have lately surfaced, and have compelled manufacturing businesses to cope with these concerns. The report goes into a comprehensive review of several elements and their impact on the manufacturing unit. The article also focuses on how manufacturing sectors may adapt to changing environments through risk management.
Keywords:-Factors, Risk Management, Manufacturing Industries.
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