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Risks in Food Supply Chain (Process & Performance Metrics Inadequacy…
Risks in Food Supply Chain
Demand Risks
Product contamination
Distribution network
Logistics delays and disruptions
Lack of traceability
Forecasting errors
Perishability
Sudden shoot in demand
Social Risks
Lack of skilled personnel
Human resource risk
Mismanagement and unethical behaviour of employees
Ethics
Terrorist attack
Skill/performance risk
Labour strikes
Unethical behaviour of middlemen
Human rights
Environmental Risks
Climate change
Fires
Hazard risk
Natural disaster
Natural risk
Supply Risks
Logistics delays and disruptions
Failure in suppliers’ logistical performance
Farmer’s inability of supply
Supplier reliability
Suppliers monopoly
Supplier bankruptcy
Unplanned shutdown of key supplier’s production
Suppliers’ wrong interpretation of your needs
Supplier capability
Resource scarcity
Supply quality
Procurement risk
Lack of traceability
Logistics and Storage Risks
Contamination in store
Poor packaging and preservation
Storage – Warehouse
Poor handling – loading/unloading at different locations
Obsolete technology or practice in storage
Shipping errors
Poor logistics contracts
In-transit loss Timely availability of the vehicles
Transportation issues
Obsolete technology or practice
Legal and Regulatory Risks
Political instability
Regulatory
Political risk
Geopolitical risk
Absence of Government Policy
Technology Risks
POS data error
Distortions in information sharing
IP theft, counterfeiting, gray market
Failure in IT systems
ICT infrastructure
Changes in Technology design
Information distortion risk
IP risk
Information system
Obsolete technology in manufacturing
Integration risk
Information, Knowledge Risks
Customer migration
New market segment
Communication failure
Process & Performance Metrics Inadequacy Risks
Labour strike
Risks with plants, warehouses, stores
Stop or disruption of your own production units following local incidents
Poor infrastructural facilities
Poor management
Excessive inventory
Contamination in manufacturing
Technology changes
Packaging problems
Underutilized capacity
Stop or disruption of your own production units following technical problems
Process variability
Downtime
Production issues
Stop or disruption of computer infrastructures
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