Reports from Sichuan University Provide New Insights into Risk Management (Risk Management of Green Supply Chains for Agricultural Products Based On Social Network Evaluation Framework): Risk Management

2024 APR 16 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Current study results on Risk Management have been published. According to news reporting originating from Chengdu, People’s Republic of China, by NewsRx correspondents, research stated, “The green supply chain of agricultural products (GSCAP) is a key link for rural revitalization and sustainable development in China. However, it faces various risks from internal and external environments that threaten its performance and stability.”

Financial support for this research came from National Social Science Fund of China.

Our news editors obtained a quote from the research from Sichuan University, “This paper proposes a novel framework and system for identifying and evaluating the main risks in the GSCAP from the perspective of agricultural enterprises. The framework combines social network analysis (SNA) and an improved technique for order preference by similarity to an ideal solution (TOPSIS) method. SNA is used to analyze the correlations and influences among different types of risks, while the improved TOPSIS method is used to rank the risks of different GSCAPs and identify the key risks in each supply chain. The framework and system are verified by a case study of CDYBIT, a leading platform of food safety big data service in China. The results show that the supermarket supply chain has the highest risk, followed by the group catering supply chain, and the five-star hotel supply chain has the lowest risk. The main risk factors for each supply chain are also discussed, and some suggestions for risk management are provided.”

According to the news editors, the research concluded: “This paper contributes to the literature by providing a comprehensive and systematic risk assessment framework and system for the GSCAP, which can help agricultural enterprises improve their risk awareness and response capabilities.”

This research has been peer-reviewed.

For more information on this research see: Risk Management of Green Supply Chains for Agricultural Products Based On Social Network Evaluation Framework. Business Strategy and the Environment, 2024. Business Strategy and the Environment can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - http://www.wiley.com/; Business Strategy and the Environment - http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-0836)

The news editors report that additional information may be obtained by contacting Qilin Cao, Sichuan University, School of Business, Chengdu, People’s Republic of China. Additional authors for this research include Wenke Wang, Cheng Zhou, Qinghui Jiao, Yang Liu and Sachin Kumar Mangla.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/bse.3731. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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