An integrated approach for supply chain risk management
Sukwadi Ronald () and
Caesar Alexander ()
Additional contact information
Sukwadi Ronald: Atma Jaya Catholic University of Indonesia, Indonesia
Caesar Alexander: Atma Jaya Catholic University of Indonesia, Indonesia
Engineering Management in Production and Services, 2022, vol. 14, issue 1, 38-48
Abstract:
Currently, every company is competing to improve the performance of their supply chain, and the efforts include loss mitigation, which requires risk management. This study aims to identify risks and develop risk mitigation strategies for Indonesia’s “PT. SPLP” company. First, this study identifies every risk in the Supply Chain Operation Reference to determine the causes. A mitigation strategy is formulated based on the criteria. According to the study results, each division faced specific risks, and the best mitigation strategy was a briefing at the beginning of each shift. The results indicate that different data processing methods used by companies lead to various risks and mitigation strategy results. Risk management is carried out and evaluated at “PT. SPLP” regularly.
Keywords: supply chain; risk management; house of risk; analytical hierarchy process (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:
Downloads: (external link)
https://doi.org/10.2478/emj-2022-0004 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecoman:v:14:y:2022:i:1:p:38-48:n:5
DOI: 10.2478/emj-2022-0004
Access Statistics for this article
Engineering Management in Production and Services is currently edited by Joanna Ejdys
More articles in Engineering Management in Production and Services from Sciendo
Bibliographic data for series maintained by Peter Golla ().