Assessment of Risks and Risk Management for Agriculture Supply Chain

Sneha Kumari, V. G. Venkatesh, Yangyan Shi

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The economic policies of developing nations have always highlighted the importance of raising farmers’ income through product value addition and productivity growth. There is a potential for increasing the production of agricultural commodities like food grains, fruits, and vegetables. Besides, the supply chain demands infrastructure facilities for primary processing, packaging, storage, etc. The facilities create market linkage opportunities backed by solid market intelligence. In recent times, ASC has become complex and driven by many risks. This chapter aims to assess the risks and their management strategies in an agriculture supply chain. The study is based on a literature review and qualitative data through interviews with progressive farmers worldwide. The study explores that ASC needs to overcome the consistent risks. It is time for the need for affiliation at various levels with technology partners for access to a new and appropriate choice of strategy for risk management. The experts for knowledge and support on a production activity and climate can also help manage the ASC risks. An enabling ecosystem that enhances farmers’ market power must be created for small landholders to take advantage of the risk-managing strategies in the ASC.
Original languageEnglish
Title of host publicationSupply chain risk and disruption management
Subtitle of host publicationlatest tools, techniques and management approaches
EditorsSanjoy Kumar Paul, Renu Agarwal, Ruhul Amin Sarker, Towfique Rahman
Place of PublicationSingapore
PublisherSpringer, Springer Nature
Chapter8
Pages155–172
Number of pages18
ISBN (Electronic)9789819926299
ISBN (Print)9789819926282
DOIs
Publication statusPublished - 2023

Publication series

NameFlexible Systems Management
ISSN (Print)2199-8493
ISSN (Electronic)2199-8507

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