Supply chain risk management and its mitigation in a food industry

We create a model which analyses the various risks involved in a food supply chain with the help of interpretive structural modelling (ISM). The various types of risks were identified based on a review of the literature and in consultation with experts in the food industry. The types of risks are cl...

Full description

Saved in:
Bibliographic Details
Published in:International journal of production research 2012-06, Vol.50 (11), p.3039-3050
Main Authors: Diabat, Ali, Govindan, Kannan, Panicker, Vinay V.
Format: Article
Language:English
Subjects:
Applied sciences
Biological and medical sciences
Categories
Consultation
Decision theory. Utility theory
Engineering Sciences
Exact sciences and technology
Food
Food industries
Food processing industry
food supply chain
Foods
Fundamental and applied biological sciences. Psychology
interpretive structural modelling (ISM)
Literature reviews
Logistics
Mathematical models
Operational research and scientific management
Operational research. Management science
Operations research
Risk
Risk management
risk mitigation
Risk theory. Actuarial science
Studies
Supply chain management
supply chain risk management (SCRM)
Supply chains
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:We create a model which analyses the various risks involved in a food supply chain with the help of interpretive structural modelling (ISM). The various types of risks were identified based on a review of the literature and in consultation with experts in the food industry. The types of risks are clustered into five categories and risk mitigation is discussed. The model developed is validated with the help of a case study involving a food products manufacturing firm.
ISSN:0020-7543
1366-588X
DOI:10.1080/00207543.2011.588619