Supply Chain Mapping as a Risk Management Strategy
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Date
2023-09-06
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Uganda Christian University
Uganda Christian University
Uganda Christian University
Abstract
This section provides a brief summary on the entire research which was conducted from March 2023 to August 2023 with a case of World Vision-Uganda Plot 15B-Kampala with examining the relationship between supply chain mapping and risk management attaching objectives to further explore the topic which included; examining how supply chain mapping reduces risk in a supply chain, examining the related issues associated with supply chain mapping and also the key success factors for supply chain mapping. Literature was reviewed on the objectives stated as shown in chapter two. To attain the information for this research, the qualitative method was used to attain information from the field and the Quantitative approach was used to present, analyse and interpret the information provided. The target population was 20 respondents from the Supply Chain and Logistics Department. Data was collected with the aid of questionnaires which was later analyzed data interpretation was provided and displayed.
The study exhibited a positive strong relationship between how supply chain mapping reduces risk in a supply chain, possible related issues for supply chain mapping, key success factors for supply chain mapping and the actual risk management in that most of the respondents agreed or strongly agreed that supply chain mapping reduces risk through enhancing the visibility and transparency throughout the supply chain network, it aids in risk assessment and mitigation within the supply chain, and brings about the collaboration and coordination within the stakeholders of a supply chain. Under the possible issues related to supply chain mapping, most of the respondents agreed and strongly agreed that lack of data availability about the entire supply chain, supplier reluctance and confidentiality hence missing out on relevant information, supply chain complexity, the dynamic nature of the supply chain and incomplete or inaccurate data collected could negatively affect the supply chain mapping exercise. Additionally, most of the respondents agreed and strongly agreed that Stating clear objectives and definition of supply chain mapping exercise, stakeholder engagement, availability of data and its quality, use of appropriate technology and tool could aid in the successful implementation of supply chain mapping.
To sum up, from the study, the findings provided evidence that supply chain mapping to a greater extent is a risk management tool and its implementation ensures efficiency, risk management, productivity and effectiveness. In the same regard my recommendation to the organization were to invest more into creating awareness of supply chain mapping within the stakeholders of a supply chains such that risk mitigation is achieved and also to update their supply chain mapping tools and techniques to ensures accuracy and to reduce the hectic load of work or the exercise.
Description
This is a dissertation.