Supply risk management: A case study of halal food industry in Malaysia
| Autor: | Fadhlur Rahim Azmi, Haslinda Musa, Indira Priyadarsini Jagiripu, Boon Cheong Chew |
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| Rok vydání: | 2021 |
| Předmět: |
Halal food
business.industry Strategy and Management Agency (sociology) Principal–agent problem Management Science and Operations Research Statistics Probability and Uncertainty Business and International Management Marketing business Risk management Exploratory factor analysis Management Information Systems |
| Zdroj: | Uncertain Supply Chain Management. 9:501-512 |
| ISSN: | 2291-6830 2291-6822 |
| Popis: | The purpose of this study is to identify the types of halal food supply risks, types of mitigation strategies for the upstream supply chain and to examine the relationship between halal supply risk and mitigation strategy efforts using the lens of the agency theory. Exploratory factor analysis (EFA) is used to validate the variables of the study and regression is performed to analyze the relationship of halal food supply risk and mitigation strategy. It is identified that halal food supply risk (agency uncertainties) consists of quality risk, delivery risk, and price/cost risk. The mitigation strategy efforts consist of behavior-based management, buffer-based management, and traceability-based management. Results indicate that halal food supply risk significantly increase mitigation strategy efforts of firms. However, price & cost risk does not significantly increase behavior-based management. Practical implications include suggesting the firms to invest more in buffer-oriented so as to mitigate the agency uncertainties. |
| Databáze: | OpenAIRE |
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