A Novel Taxonomy for Risks in Agribusiness Supply Chains: A Systematic Literature Review

Abstract

Agribusiness supply chain (ASC) risk is currently a major business problem throughout the world. The current trend of globalisation has affected every business, and supply chain risks have become a concern in logistics and other business processes. Current risk management strategies must address a variety of global and local challenges. To tackle this issue, existing research has analysed risks in agrifood supply chains, ASC risk management, disruption in ASCs, risk assessments of agriculture supply chains and sources of risk facing an agricultural supply chain. However, the existing research has not defined and categorised risks as a basis for managing risks in ASCs. Therefore, the definition and categorisation of risks in the ASC has been overlooked. To address this gap, this paper undertakes a systematic literature review, offering constructs to define and categorise risks in ASCs, and develops a novel taxonomy in ASC risks to enrich future research on ASC risk management. Sixty-one articles from six databases published between 2000 and 2020 underwent descriptive and thematic analysis.