A Multi-Method Analysis of Risk Mitigation Strategies for the Livestock Supply Chain

Zaiba Ali (), Mohd Shuaib Siddiqui, Shahbaz Khan and Rahila Ali
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Zaiba Ali: Management Department, College of Business Administration, Princess Nourah bint Abdulrahman University, Riyadh 11671, Saudi Arabia
Mohd Shuaib Siddiqui: Department of Management, University of Tabuk, Tabuk 71491, Saudi Arabia
Shahbaz Khan: Department of Industrial Engineering, University of Tabuk, Tabuk 71491, Saudi Arabia
Rahila Ali: Faculty of Management, Jagran Lakecity University, Bhopal 462044, India

Sustainability, 2025, vol. 17, issue 15, 1-22

Abstract: The livestock sector is a significant contributor to the economy and rural livelihoods, but it is exposed to high risk across the supply chain, which is detrimental and needs to be addressed for sustainable development. Therefore, this study aimed to identify the major risk mitigation strategies (RMSs) and associated factors that affect their adoption. This study conducted a comprehensive literature review to identify the eight major RMSs and prioritized them through an analytical hierarchical process (AHP). Thereafter, a multivariate probit (MVP) model was developed to identify the factors affecting the adoption of major RMSs. The primary RMSs are livestock insurance, vaccination of livestock, and advisory/extension services. Further, the multivariate probit regression analysis shows that ‘age’, ‘social category’, ‘economic status’, ‘educational level’, ‘income level’, ‘the total number of animals’, and ‘perceived risk of foot and mouth disease’ are significant factors that influence the adoption of RMSs. This study’s findings will be useful for livestock supply chain partners to mitigate the risks along the livestock supply chain. This research will also help policymakers to develop policies/plans for incorporating these RMSs by considering the influencing associated factors.

Keywords: analytical hierarchical process; determinant; livestock supply chain risk; multivariate probit model; risk mitigation strategies (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2025
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