Proactive risk mitigation strategies and building strategic resilience in the food supply chain: a review

Abstract

Risk management is very important in supporting business sustainability. The choice of risk mitigation strategy is very crucial. An alternative strategy that is considered very effective in managing risk is a proactive strategy. This review was aimed to find out the strategy of risk mitigation proactive in general supply chain, resilience strategy in the food supply chain, and the relationship between proactive risk mitigation strategies and supply chain resilience strategies. Supply chain resilience is the focal point of management to be task-oriented towards improvement, determination and continuity. Therefore, the mitigation process is an inseparable part of building supply chain resilience. The role of risk management provides important value for the company, there are four elements used to build or develop supply chain resilience, including supply chain (re-) engineering, collaboration, agility and risk awareness. Supply chain resilience strategies are reviewed on 3R aspects, which are ready, response and recover.