A Critical Overview of Food Supply Chain Risk Management

Abstract

Due to the increasing occurrence of disruptive events caused by both human and also natural disasters, supply chain risk management has become an emerging research field in recent years, aiming to protect supply chains from various disruptions and deliver sustainable and long-term benefits to stakeholders across the value chain. Implementing optimum designed risk-oriented supply chain management can provide a privileged position for various businesses to extend their global reach. In addition, using a proactive supply chain risk management system, enterprises can predict their potential risk factors in their supply chains, and achieve the best early warning time, which leads to higher firms' performance. However, relatively little is known about sustainable risks in food supply chains. In order to manage the ever-growing challenges of food supply chains effectively, a deeper insight regarding the complex food systems is required. Supply chain risk management embraces broad strategies to address, identify, evaluate, monitor, and control unpredictable risks or events with direct and indirect effect, mostly negative, on food supply chain processes. To fill this gap, in this paper we have critically discussed the related supply chain risk management literature. Finally, we propose a number of significant directions for future research.

Supply chain risk and SME business continuity strategies in the food industry during COVID-19 pandemic

“…There are also several studies which investigated the resiliency of food supply chains (Kazancoglu et al, 2021;Hobbs, 2020). There are also studies that identified food supply chain risks (Azizsafaei et al, 2021;Dome and Prusty, 2020). Yet, these studies did not focus on COVID-19.…”

“…, 2021; Hobbs, 2020). There are also studies that identified food supply chain risks (Azizsafaei et al. , 2021; Dome and Prusty, 2020).…”

Development of Risk Management Mitigation Plans for the Infant Formula Milk Supply Chain Using an AHP Model

“…Ultimately, the environmental efficiency of any food in the supply chain is influenced dramatically by the downstream processes, including the distribution of products by various channels. Choosing efficient environmental strategies and adopting appropriate approaches are critical to improving food quality systems [37]. Therefore, identifying environmental risk factors is crucial to public health decision-making [38][39][40][41][42][43].…”

“…Operational risks can also impede the monitoring of flawed product recalls due to quality standards breaches [46]. Azizsafaei et al [37] stated that operational risks arise from day-to-day activities, systems, processes, and people, resulting in damaged products or delivery delays. It is even more dangerous if no traceability technology tracks the product [47,48].…”

Modelling the Risk Susceptibility of Agro-Industry Circular Supply Chain During Major Disruptions: A Life Cycle Perspective

“…An assessment of risk susceptibility of the agricultural supply chain has been highlighted by (Leat & Revoredo-Gha, 2013). Although there are studies that identify the risk involved in the agro-industry chain (e.g., Leat & Revoredo-Gha, 2013;Azizsafaei, 2021), a systematic assessment of these risks remains to be unexplored in the domain literature. Other than that, economic, environmental, and social factors such as globalization, technological innovations, trade agreements, consumer awareness, and environmental concerns also play a significant role in the global supply chain for agricultural products (Dinu, 2016).…”