Managing Risk on A PharmacyEnterpriseSupply ChainUsing House of Risk Approach

Nafi’ah, Aenun (2021) Managing Risk on A PharmacyEnterpriseSupply ChainUsing House of Risk Approach. Managing Risk on A PharmacyEnterpriseSupply ChainUsing House of Risk Approach, 8 (3). pp. 167-182. ISSN E-ISSN: 2541-4461

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PharmacyCBAis a trading business which engages inpharmaceutical and medical devices. Uncertainty andcomplexity have been identified as risk in business supplychains. Further measurement is needed in order to enhancethe effectiveness of the pharmacy business process. Thepurpose of this study is to identify risk events and riskagents, calculate the risk value in the supply chainflow fromupstream to downstream, and determine efforts to minimiserisk. The method used in this research is HOR 2 phases,through a SCOR based approach. The study begins with theidentification of risk events and risk agents based on SCOR,then calculates the level of severity, occurrence andcorrelation for the calculation of the HOR 1. Identified 45risk events, 23 risk agents, and 19 actions to minimise risk.Aggregate risk potential is calculated as a result of HOR 1.From 23 risk agents, ten are prioritised based on the mostsignificant ARP value. In the calculation of HOR 2, 10 riskmitigation strategies are obtained to minimise risk alongwith the supply chain stream. There are four approaches toimplementing the ten mitigations: HR Development,CustomerRelationshipManagement-basedapproach,Supplier relationship management, and facility design

Item Type: Article
Uncontrolled Keywords: Pharmacy,Service,SCOR,HOR,Mitigation.
Subjects: Engineering > Industrial Engineering
Divisions: Faculty of Engineering > Industrial Engineering Study Program
Depositing User: Aenun Nafi’ah
Date Deposited: 25 May 2022 06:12
Last Modified: 25 May 2022 06:12

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