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Risk, resilience, and rebalancing in global value chains

   

Added on  2022-08-14

13 Pages3424 Words14 Views
Data Science and Big DataEnvironmental Science
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Value Chain 1
Risk and Resilience in Holistic Value Chain Management
Risk, resilience, and rebalancing in global value chains_1

Value Chain 2
Contents
Introduction......................................................................................................................................3
Literature Review............................................................................................................................4
Conceptual Framework....................................................................................................................6
Improvements and Recommendations.............................................................................................9
Conclusion.....................................................................................................................................12
References......................................................................................................................................13
Risk, resilience, and rebalancing in global value chains_2

Value Chain 3
Introduction
The report is prepared in regards to the risk and resilience in the holistic value chain
management. In the supply chain, the holistic plan includes payments and receipts. In supply
chain management the major issue which has been seen is the sustainability issue so holistic
supply chain maximizes the collective capabilities and minimizes the cost of the company. In
this report, the literature review will be done of the different authors which will be the focus on
the food producer risk and resilience in value chain management. The producer of the UK will be
chosen and then the conceptual framework will be provided in this report. In this report, the
problem of the supply chain will also be elaborated and their solutions and the recommendations
will also be done.
Risk, resilience, and rebalancing in global value chains_3

Value Chain 4
Literature Review
As per the author, supply value chain management is essential for the company as it maximizes
the profit and optimizes the business operations. In the value chain management, all the activities
are analysed which adds value to the products including the raw materials so that effective
product can be required by the consumers (Van Der Vegt, et al., 2015).In venture, the
collaboration can be attained through the increasing of the competitive advantage and by creating
the value for the consumer. The supply value chain is the supporting tool which helps in taking
the effective decisions in order to deliver the valuable product as per the author.
In the reviews of the author, there are many risks in the food supply chain which has a negative
impact on the agro-food performance. The great risk exists in the company due to the several
other reasons such as due to the structural characteristics. The risk related to the cybersecurity
vulnerability is the major issue which has been seen so the author has seen the major risk in the
IT analysis only (Fiksel, 2015). The major risk is related to the quality of the product which
generally fails in the supply chain. If the supply chain takes a long time or if something is there
at the warehouse for a long period then it creates a quality issue which is the biggest risk. There
are many elements of risk such as reliable predictions, effective raw materials, etc.
In the food supply value chain, reliance is sustainability. The fresh food, vegetables, dairy and
many other products should be there in the warehouse so that loyalty of the customers can be
maintained. The inbound and outbound logistic material has to be concerned which relates to the
receiving and storing of the product and with the getting finished goods and services. As per the
author, there are certain activities which should be taken place every time such as supervisor, the
armed guard, merchandise, etc. There are the food supply chain products like perishable products
which should be put on the high discount so that the customers can get attracted towards it.
The major issue which has been seen in the supply chain management by the author is that the
issue related to the costing. Due to the constraints in economics, the cost is increasing in every
term such as in raw materials, labour, energy, etc. So, this creates a problem for the companies to
manage their operations. In the food producing company the major issue is related to the taste of
the customers and the quality (Park, et al., 2011). Due to the increasing sales, the company was
losing its quality in the value chain management which is the major issue.
Risk, resilience, and rebalancing in global value chains_4

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