Assessment of the Most Appropriate Measures for Mitigation of Risks in the Agri-Food Supply Chain

Jurgita Kuizinaitė, Mangirdas Morkūnas () and Artiom Volkov
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Jurgita Kuizinaitė: Faculty of Economics and Business Administration, Vilnius University, 10222 Vilnius, Lithuania
Mangirdas Morkūnas: Faculty of Economics and Business Administration, Vilnius University, 10222 Vilnius, Lithuania
Artiom Volkov: Institute of Economics and Rural Development, Lithuanian Center for Social Research, 03220 Vilnius, Lithuania

Sustainability, 2023, vol. 15, issue 12, 1-18

Abstract: The present paper embarks on an investigation of the main risks associated with agri-food supply chains. A total of 11 key risks, namely Natural disasters of a global or local scale; Workers’ strikes; Change in government regulations or safety standards; Supply chain disruptions due to social or political unrest; Short term raw materials or products (expiration issue); Seasonality; Food safety incidents; Lack of smooth interconnection with other chain participants and Market and pricing strategies, economic crises and seven root risks (Natural disasters of a global or local scale; Workers’ strikes; Change in government regulations or safety standards; Rapid deterioration of raw materials (expiration) due to seasonality; Food safety incidents; Fraud in the food sector; Market and pricing strategies, economic crises) are applicable to all four stages of the agri-food supply chains were identified. An expert survey together with the Best-Worst Multi Criteria Decision Making method was employed as the main research tools. The most important root risks for agri-food supply chains are natural disasters of a global or local scale; workers’ strikes; change in government regulations or safety standards; rapid deterioration of raw materials (expiration), seasonality; food safety incidents; fraud in the food sector; market and pricing strategies economic crises. The most appropriate risk mitigation measures for each of the root risks were derived and assessed.

Keywords: agri-food; supply chain; risk; expert survey; Best-Worst Method (BWM); food security (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:12:p:9378-:d:1168032

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