Supply chain risk management practice in Thailand

Abstract

Supply chain risk management (SCRM) is a common practice for most supply chains. It involves the processes of identifying, assessing, mitigating, and monitoring the risks of providing products and services within the supply chain. Many supply chains have prepared to deal with the uncertainties which may interrupt their supply chain operations. This research is interested to find the current SCRM practice in Thailand with respect to the four main processes and the mitigation strategies applied. Questionnaires survey was conducted and the data were analyzed using statistics analysis. Totally, after screening out the incomplete data, fifty questionnaires have been used for further analysis. The incident handling practices in case of the disruption occurs are also presented. Findings from the study will help supply chains in Thailand to develop right strategies for SCRM and enhance the supply chain sustainability in the future.