Operational risks primarily comprise establishments in new markets, purchasing in Asia, IT systems, competition, logistics, strikes, key employees, social responsibility, product range and shrinkage.
Clas Ohlson is expanding its operations and brand across several countries.
Clas Ohlson currently purchases about 40 per cent of the company’s products in Asia, mostly from China.
Clas Ohlson’s operations are highly dependent on IT support.
A clear trend in the European retail market is that major nationwide chains are growing, usually at the expense of smaller, individual specialist retailers.
Clas Ohlson’s distribution centre in Insjön is the hub of the Group’s entire logistics chain.
Clas Ohlson needs motivated and skilled employees in order to achieve objectives and strategies.
Environmental and Social responsibility
The company’s stakeholders are placing increasingly higher demands on the company’s social responsibility.
Product range and Communication
The company’s most important task is to offer customers a broad and attractive product range.
Clas Ohlson is exposed to shrinkage on a daily basis, including shoplifting.