An integrated approach for supply chain risk management

Abstract

Abstract Currently, every company is competing to improve the performance of their supply chain, and the efforts include loss mitigation, which requires risk management. This study aims to identify risks and develop risk mitigation strategies for Indonesia’s “PT. SPLP” company. First, this study identifies every risk in the Supply Chain Operation Reference to determine the causes. A mitigation strategy is formulated based on the criteria. According to the study results, each division faced specific risks, and the best mitigation strategy was a briefing at the beginning of each shift. The results indicate that different data processing methods used by companies lead to various risks and mitigation strategy results. Risk management is carried out and evaluated at “PT. SPLP” regularly.