Enrichment : Journal of Management
Vol. 12 No. 2 (2022): Management Science and Field

Risk Mitigation Strategies for Fish Shredded Production Due the Impact of Covid-19 Pandemic

Ramli Ramli (Universitas Ibrahimy)
Siti Nur Aisyah Jamil (Universitas Ibrahimy)
Ismi Jasila (Universitas Ibrahimy)



Article Info

Publish Date
21 Feb 2022

Abstract

Micro and small businesses that produce variants of fish shredded products are faced with business uncertainty and losses due to the risks faced in the production process due to the impact of the covid-19 pandemic. The purpose of this study is to find out the risko variables and risk mitigation strategies for fish shredded production due to the impact of the Covid-19 pandemic. The analysis methods used are Failure Mode Effect Analysis (FMEA) and Analytical Hierarchy ProcessAHP). The results showed that the highest risks were rising raw material prices, fluctuating and uncertain production activities, and demand is fluctuating and tending to decline. Priority strategies alternative for minimizing risk are reformatting partnerships with raw material suppliers, improving inventory management, and planning and forecasting demand.

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Journal Info

Abbrev

enrichment

Publisher

Subject

Economics, Econometrics & Finance

Description

The Enrichment : Journal of Management offers wide ranging and widespread analysis of all surfaces of management and science. Published two times per year, it delivers a emphasis for universal proficiency in the vital methods, techniques and areas of research; presents a opportunity for its readers ...