An evaluation of supply chain risk management strategies in the dairy industry: A case of Dairiboard Zimbabwe Private Limited (2013-2014)
Damiso, Kindness Tsistsi
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No business organization is out of purview of risk and uncertainties and hence the dairy industry is no deviation. This study ought to evaluate strategies used by Dairiboard Zimbabwe Private Limited to curb supply chain risks. Dairy industry plays a crucial role in an agro-based economy of the country. The research objectives were to identify supply chain risks in the dairy industry and identify the strategies being implemented to curb supply chain risks. A review of relevant literature was undertaken to identify risks and strategies being implemented in the supply chain. The researcher employed a case study approach as it was no practical. The case of Dairiboard Zimbabwe was conducted employing a quantitative technique of research. The instruments used in the collection of data were formal questionnaire, survey and interviews. A population of 135 people was drawn on the basis of stratified random sampling. Questionnaires were administered to 30 respondents using simple random sampling method. The data collected was presented in form of tables, columngraphs and pie charts using Excel. The findings were that shortages of raw materials and financial risks are the main major risks in the Dairy supply chain and improved supplier relations and increased supplier base are the major strategies being employed to curb risks. The recommendations of this research are to improve their sourcing strategies and improve their information systems.
- Department of Economics