Risk analysis on crucial sector priority using Analytical Hierarchy Process (AHP) and House of Risk (HoR)
DOI:
https://doi.org/10.15282/jmmst.v5i2.6850Keywords:
Risk Management, Analytical Hierarchy Process, House of Risk, Risk MitigationAbstract
There are many sectors in an company can trigger the risks, which are internal factor and external factor. By means of Risk Management, those risks can be managed. A decision making using Analytical Hierarchy Process (AHP) method was to find the elected risks as the risks mitigation then will be managed using House of Risk (HOR) method. The Risk Cost, there is a rise of Cost of Good Sold (CoGS) that can decrease the profit, was the largest risk weight, 0.132 point. And it was known that the high risk for the obstruction of target completion was caused by the shifting of most of the production schedule, so that those risks were needed to be managed and mitigated.
References
I. Nyoman Pujawan and Laudine H. Geraldin, House of risk: a model for proactive supply chain risk management,
Business Process Management Journal, Vol 15 No. 6, pp 953-967, 2009, DOI: 10.1108/14637150911003801
Thomas L. Saaty, Decision making with the analytic hierarchy process, International Journal of Services Sciences, Vol 1 No.1., (2008)
Masri, P., Disain Mitigasi Risiko Rantai Pasok UMKM Produk Pakaian Kota Bandung Dengan Pendekatan Supply Chain Risk Management, Universitas Pasundan, (2016).
Riana Magdalena, Vannie, Analisis Risiko Supply Chain Dengan Model House Of Risk (Hor) Pada Pt Tatalogam Lestari, Jurnal Teknik Industri, Vol. 14, No. 2, pp 53-62 (2019)
Ackermann F., C Eden, T Williams and S Howick, Systemic risk assessment: a case study, Journal of the Operational Research Society, Vol. 58, No. 1 (2007) doi:10.1057/palgrave.jors.2602105
Nur Eko Wahyudin and Imam Santoso, Modelling of Risk Management for Product Development of Yogurt Drink Using House of Risk (HOR) Method, The Asian Journal of Technology Management, Vol. 9 No. 2: pp 98-108, (2016), doi: http://dx.doi.org/10.12695/ajtm.2016.9.2.4
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2021 Wahyukaton, Mohamad Refaldi FV
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
