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Assessment of the Most Appropriate Measures for Mitigation of Risks in the Agri-Food Supply Chain

Author

Listed:
  • Jurgita Kuizinaitė

    (Faculty of Economics and Business Administration, Vilnius University, 10222 Vilnius, Lithuania)

  • Mangirdas Morkūnas

    (Faculty of Economics and Business Administration, Vilnius University, 10222 Vilnius, Lithuania)

  • Artiom Volkov

    (Institute of Economics and Rural Development, Lithuanian Center for Social Research, 03220 Vilnius, Lithuania)

Abstract

The present paper embarks on an investigation of the main risks associated with agri-food supply chains. A total of 11 key risks, namely Natural disasters of a global or local scale; Workers’ strikes; Change in government regulations or safety standards; Supply chain disruptions due to social or political unrest; Short term raw materials or products (expiration issue); Seasonality; Food safety incidents; Lack of smooth interconnection with other chain participants and Market and pricing strategies, economic crises and seven root risks (Natural disasters of a global or local scale; Workers’ strikes; Change in government regulations or safety standards; Rapid deterioration of raw materials (expiration) due to seasonality; Food safety incidents; Fraud in the food sector; Market and pricing strategies, economic crises) are applicable to all four stages of the agri-food supply chains were identified. An expert survey together with the Best-Worst Multi Criteria Decision Making method was employed as the main research tools. The most important root risks for agri-food supply chains are natural disasters of a global or local scale; workers’ strikes; change in government regulations or safety standards; rapid deterioration of raw materials (expiration), seasonality; food safety incidents; fraud in the food sector; market and pricing strategies economic crises. The most appropriate risk mitigation measures for each of the root risks were derived and assessed.

Suggested Citation

  • Jurgita Kuizinaitė & Mangirdas Morkūnas & Artiom Volkov, 2023. "Assessment of the Most Appropriate Measures for Mitigation of Risks in the Agri-Food Supply Chain," Sustainability, MDPI, vol. 15(12), pages 1-18, June.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:12:p:9378-:d:1168032
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