Effect Of Supply Chain Risk Management On Organization Performance: A Case Study Of National Foods Manooabad Muridke District Sheikhupura

Abstract

Purpose: Previously there are many studies that focused on risk management in general context and little attention was paid on how supply chain risks management effects an organization profit and performance. The main aim of our study to explore the effect of supply chain risk management on organization performance in national foods Manooabad Muridke district Sheikhupura. Methodology: This study conducted in National foods Manooabad Muridke. Data were collected by using questioner from the employees of National foods Manooabad Muridke. SPSS 22 (Statistical package for social sciences) was used to analyze the collected data. Main Findings: This study is an attempt to check the effects of supply chain risk management variables to the performance of the organization. Three main supply chain risk management variables were identified namely, supply chain risk identification, supply chain risk sources and supply chain risk mitigation. We find that risk register method is mainly used for the identification of risks in the supply chain at any level. The most important risks of our study that are supplier risks, environmental risks, political risks, markets risks, warehousing risks, and financial risks. In mitigation strategies that are good to mitigate the risk in supply chain risk avoidance measures, risk control measures and risk cooperation measures. Applications: We concluded that it is important for an organization to identify risks proactively as early as possible in the decision-making process. Different types of risks need to be identified in all process of supply chains. After all the identification of risks, the organization needs to be mitigated these risks by using different mitigate strategies plan. Originality: In the future, this study will be helpful for many organizations which deal with food items consumed by people. As in this study, we worked on supply chain risks and their management before many studies were conducted generally on risk management so this study especially focused on supply chain risks. There is a need to conduct more study in this regard in different industries so better information available to people to control risks in supply chain management.