Track: Supply Chain Management
Abstract
Supply chains, especially global supply chains, can be complex and include multiple partners. Owing to the diversity between supply chains, the risks applicable to each may differ. Not enough research has been conducted on businesses using an inter-disciplinary approach when attempting risk management. Therefore, the purpose of this investigation was to explore how the combination of financial and operational risk management methods can be used to assist Carbocraft in mitigating the risks identified and associated with the import of freeze-dried fruit from Germany to their customers in Durban, Cape Town and Johannesburg. Risks were listed and discussed whilst mitigation strategies were suggested.