SELECTING AND PRIORITIZING SUPPLY CHAIN RISK FACTORS IN THAI TUNA INDUSTRY UNDER FUZZY ENVIRONMENT
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Abstract
The purposes of this research are (1) to select the risk factors on the supply chain in the Thai tuna industry (2) to prioritize the risk factors on the supply chain in the Thai tuna industry. The conceptual framework consists of three steps. The first step is the survey of the risk factors through a comprehensive literature review resulting in the discovery of 20 risk factors in the food supply chain. The second step is the application of the Fuzzy Delphi technique to select the risk factors involved in Thailand’s tuna industry. The third step is a step-by-step analysis of the weight ratio as known as a Step Wise Weight Assessment Ratio Analysis (SWARA) to clearly prioritize the risk factors involved.
The results indicate that there are twelve risk factors involved with the tuna industry of Thailand. Also, this study reveals that the risk factors can be prioritized from top to bottom based on their risk weights as follows: the supply risk, the legal & regulatory risk, the change in customers’ taste and preferences, the innovation risk, the price fluctuation risk, the demand risk, the communication with suppliers’ risk, and the bankruptcy of suppliers’ risk. These results can help supply chain managers start a proactive risk reduction strategy step by step.
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