This paper incorporates the interdisciplinary New Institutional Economics in a comprehensive framework for analyzing risk management in the agri-food sector. First, it specifies the diverse types of agri-food risks (natural, technical, behavioral, economic, policy, etc.) and the modes of their...

This chapter explores the uncertainties associated with today's highly interdependent supply chains and the risks inherent their geographic dispersion and organizational fragmentation. It first lays out the sources of risk and their potential consequences to the corporations who are supply chain...

Supply chain scenario planning – Coronavirus synopsis questionsSupply chain resilience, contingencies, and business continuity plansHistoric case study of high dependency on the region and the inappropriate spread of manufacturing load. Contingency planning to address business continuity...

This paper studies the decision problem of risk averse single-output producers and suppliers under uncertainties in input prices, in a two-moment decision model with the presence of a dependent background risk. This framework is based on the utility from the expected value and the standard...

The COVID-19 pandemic has caused major disruptions in global supply chains with unforeseen and unpredictable consequences. However, the pandemic was not the only reason why supply chain risk management has become more crucial than ever before. In the last decade, the occurrence of previously...

Currently volatility is inherent a supply chain. A business entity within the supply chain faces with demand fluctuations and many other problem situations that cause disruptions. Despite this supply chain should deliver goods or services at acceptable predefined levels of customer value, not...

We extend the linear programming (LP) model of deterministic supply-chain planning to take demand uncertainty and cash flows into account for the medium term. The resulting stochastic LP model is similar to that of Asset-Liability Management (ALM), for which the literature using stochastic...

This paper incorporates the interdisciplinary New Institutional Economics and presents a comprehensive framework for analyzing the risk management in agri-food sector. First, it specifies the diverse (natural, technical, behavioral, economic, policy etc.) type of agri-food risks, and the...

The objective of this paper is to investigate the potential of organisational design as a potent approach to supply chain risk management (SCRM). Using contingency theory, the current research distinguishes between two design options: organic and mechanistic organisations, both at the structural...