2015RePEc: Research Papers in EconomicsOpen access

Supply Chain Risk Management: A Case Study in Thailand

Chatchai Raka, Jirapan Liangrokapart

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Abstract

While the increasing of globalization trades, the supply chain has been confronted with complexity and insecurity. Supply chain risk management has become an important tool for managing the risks in the supply chain. Thus the objective of this paper is to study the supply chain risk management by using a fresh produce supply chain in Thailand as a case. Targeted supply chain's stakeholders were interviewed including growers, collectors, wholesalers, processors, retail stores and consumers. The risk events were identified and evaluate into 9 categories. They are Climate risk, Demand risk, Financial risk, Information risk, Operational risk, Policy risk, Price risk, Regulatory risk, and Supply risk. The details of these risks have been clarified and some of risk management guidelines are introduced in order to mitigate them. As a result, the current fresh produce supply chain structure in Thailand has been draw up additionally.

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What this paper is about

While the increasing of globalization trades, the supply chain has been confronted with complexity and insecurity. Supply chain risk management has become an important tool for managing the risks in the supply chain. Thus the objective of this paper is to study the supply chain risk management by using a fresh produce supply chain in Thailand as a case. Targeted supply chain's stakeholders were interviewed including growers, collectors, wholesalers, processors, retail stores and consumers. The risk events were identified and evaluate into 9 categories. They are Climate risk, Demand risk, Financial risk, Information risk, Operational risk, Policy risk, Price risk, Regulatory risk, and Supply risk. The details of these risks have been clarified and some of risk management guidelines are introduced in order to mitigate them. As a result, the current fresh produce supply chain structure in Thailand has been draw up additionally.

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Available abstract

While the increasing of globalization trades, the supply chain has been confronted with complexity and insecurity. Supply chain risk management has become an important tool for managing the risks in the supply chain. Thus the objective of this paper is to study the supply chain risk management by using a fresh produce supply chain in Thailand as a case. Targeted supply chain's stakeholders were interviewed including growers, collectors, wholesalers, processors, retail stores and consumers. The risk events were identified and evaluate into 9 categories. They are Climate risk, Demand risk, Financial risk, Information risk, Operational risk, Policy risk, Price risk, Regulatory risk, and Supply risk. The details of these risks have been clarified and some of risk management guidelines are introduced in order to mitigate them. As a result, the current fresh produce supply chain structure in Thailand has been draw up additionally.

Key concepts: Supply chain risk management, Supply chain, Risk management, Business, Supply chain management, Risk analysis (engineering), IT risk, Order (exchange)

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