Supply Chain Risk Mitigation Using Supply Chain Risk Management (SCRM) Approach (original) (raw)
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JURNAL AKUNTANSI, EKONOMI dan MANAJEMEN BISNIS
Several risks along the supply chain process will cause various kinds of problems, the flow of the raw material procurement process is determined by the roles of several stakeholders such as purchasing, supply chain, production, customer service, and logistics. This research is focused on determining the risks during the procurement of production raw materials and determining the best way to handle the existing risks. House of Risk (HOR) is a method used in this study, which consists of 2 stages with the first stage determining the risk events and risk agents and determining the priority of the risk agent, the second stage determining the priority of risk mitigation. The results of the first stage of HOR found 23 risk events and 24 risk agents with the highest ARP values were (A2) sudden request changes. In the second stage of HOR with the highest ETDK value (PA1) conducts inventory control.
Risk in Supply Chain Management and its solution
A common theme of today’s life which can describe about material, information and financial flows coordinating among suppliers, manufacturers, distributors and customer of product and services. The basic view of SCM is: i. Getting a right product to the right place at a lowest cost. ii. Keeping inventory low and offer better service to every customer. iii. Reduce cycle time. SCM requires a change from managing individual functions to integrate activities into a supply chain processes. The purchasing department places orders, as requirements become known and the marketing department responding to the customer demand. It is constraints based optimized technique where ERP generate the data to optimize a system. Reduction of inventory levels and production cost and Return On Investment is a major advantage but it has disadvantage of less security and loss of bargaining power with change management. At the same time different risk factors like operational activity related risk, risk related with market characteristic, and also business strategic activity related risk with e-SCM. Global supply chains poses challenges regarding quantity, quality and value. Therefore the solution of such risk factors and to execute supply chain smoothly here a literature review with different case study, problem and solution analysis is shown herewith. Since it is a management network therefore from product manufacturing to customer satisfaction with the analysis of risk resolve techniques are describe with examples. Key words: Material, Information, cycle time, Return On Investment, Inventory, quantity, quality and value.
Risk Management in the Supply Chain: Characterisation and Empirical Analysis
Along any supply chain, a multitude of more or less critical incidents may prevent a company from obtaining the expected level of logistical performance. Knowing how to anticipate and manage supply chain risks is therefore an important approach to maintain a competitive advantage. The target of this article is to evaluate the impact of the risks in relation to the functioning of a supply chain on its logistical performance. For such needs, a survey was administered with 158 Moroccan manufacturers. The data collected allows to successively measure the impacts of the risks linked to the management of the upstream supply chain, of operational risks and risks linked to the management of the downstream supply chain on the logistical performance.
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This research studied PT XYZ, a company engaged in the palm oil industry which has eleven subsidiaries spread across five provinces in Indonesia, namely North Kalimantan, West Kalimantan, East Kalimantan, Central Kalimantan, and South Sumatra. The research focused on analyzing supply chain risks in PT A, a subsidiary of PT XYZ.. The objective was to find out and reduce unexpected costs that the company may experience caused by the risks in supply chain. Furthermore, the aim was to determine priority of risk agents and risk mitigation actions. The research method was a mixed methods, which combined both qualitative and quantitative analysis to answer the research questions. Data analysis procedure involved Supply Chain Operations Reference (SCOR), House of Risk (HOR) 1 and Analytic Network Process (ANP). The SCOR method was used for mapping supply chain activities, the HOR 1 was to determine the priority of the risk agent, and the ANP was to determine the priority of mitigation actio...