Supply Chain Risk Mitigation Strategies in Automotive Industry : A Review

This paper studies supply chain management (SCM) of automotive industry and investigates about the types of risks that threaten automotive supply chain. These risks are identified in a way which all causes and mitigation strategies classified dependently. This study has adapted from 29 ISI and reputable journals which are indexed in Scopus (2008-2018). Based on previous researches, 10 risks, causes and mitigation strategies are identified in this industry which the most important ones include: supply risk, demand uncertainty and shortage of materials. Finally, the relevant causes and mitigation strategies for all 10 risks are identified. Later the methodologies such as Multi-Criteria Decision Making (MCDM), Multi-Objective Decision Making (MODM) and standards like ISO 31000 for handling the risks are extensively presented in this paper. For further study the authors recommended that the critical risks should be ranked and new methods and strategies and methodologies should be developed specially for the mitigation of uncertainty and fluctuation