Integrated Risk Management and its Influence to the Increasing of the Firm’s Value

Successful business subject should to manage its risks in long term and to achieve sufficient profit for covering of unexpected losses. Management of risks is process that is used in business practice for identification, management and avoiding of risks in area of business. With aim to evaluate influence of integrated risks ́ management we used method of value stream analysis. This method serves for identification of risks, resulting from wasting of sources in production or administrative processes. During research and measurement we dealt with stocking process of production lines in the frame of internal material flow. According monthly observing of process of production lines stocking we found out 5 mistakes, for which we recommended possible solution that could help to optimize searching process and eliminate mistakes, which caused losses in the company.