Developing a Resilient Supply Chain Risk Management Program: A Case Study of an Automotive Parts Manufacturer in Thailand

Sikharin Chueamueangphan; Piyawan  Puttibarncharoensri

Authors

Sikharin Chueamueangphan Martin de Tours School of Management and Economics, Assumption University, Bangkapi District, Bangkok, 10240, Thailand
Piyawan Puttibarncharoensri Martin de Tours School of Management and Economics, Assumption University, Bangkapi District, Bangkok, 10240, Thailand

Keywords:

Supply Chain Risk Management, Supply Chain Resilience, Automotive Industry, Just-in-Time Manufacturing, Risk Mitigation

Abstract

This research aims to investigate potential risks within the supply chain of Flexigen Korat, a newly established manufacturing facility under the Flexigen Group. The plant operates under a Just-in-Time (JIT) system, making it particularly vulnerable to disruptions in the supply chain. The objectives of this study are to identify potential risks that may disrupt operations, assess their impacts, and propose risk mitigation strategies to enhance supply chain resilience. The study employs qualitative interviews and risk assessment techniques, drawing upon historical disruption records from other manufacturing facilities within the same region. The findings reveal a total of 24 potential risk factors, which were evaluated using ABC analysis and categorized into three priority levels: high-risk (A-RISK), medium-risk (B-RISK), and low-risk (C-RISK).
This analysis provides a comprehensive overview of the risk structure that may affect Flexigen Korat and serves as a foundation for developing risk mitigation strategies aligned with the likelihood and severity of each risk. These strategies are intended to strengthen the resilience of the supply chain and improve its ability to withstand and recover from disruptions. measures highlight that systematic risk identification and assessment, combined with the implementation of appropriate mitigation measures, can significantly enhance the overall effectiveness of risk management. Furthermore, it recommends future research on the outcomes of implementing risk management strategies in practice, as well as the continuous monitoring, review, and updating of risk assessments to ensure the long-term continuity of organizational operations.

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