Turvavarud
Turvavarud is a Finnish term for safety reserves or buffers used to mitigate risk across organizations and public institutions. The concept covers both physical stockpiles and financial capital kept aside to cope with uncertainty, supply disruptions, and other adverse events.
In supply chains and operations, turvavarud refer to safety stock levels that cushion against demand spikes
In finance and banking, turvavarud can denote capital buffers and liquidity reserves kept above regulatory minimums
In energy security and critical infrastructure policy, turvavarud may include strategic reserves of fuels or other
Management principles for turvavarud include defining target levels based on risk assessment, monitoring, and replenishment triggers;
The exact interpretation of turvavarud varies by sector and country, but the underlying idea is to provide