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Paper Information

Title: 

A PRELIMINARY CONCEPTUAL OF RISK MANAGEMENT AND SUPPLY CHAIN IN SEAPORT

Type: PAPER
Author(s): MOKHTAR KASYPI*,SHAH MUHAMMAD HUSSEIN MUHAMMAD ZALY,PUAN OTHMAN CHE
 
 *UNIVERSITY MALAYSIA TERENGGANU
 
Name of Seminar: INTERNATIONAL CONFERENCE ON COASTS, PORTS AND MARINE STRUCTURES (ICOPMAS) PORTS & MARITIME ORGANIZATION
Type of Seminar:  CONFERENCE
Sponsor:  PORTS AND MARITIME ORGANIZATION
Date:  2008Volume 8
 
 
Abstract: 

SEAPORT IS A COMPLEX SYSTEM THAT REQUIRES COMPREHENSIVE STUDIES FOR THE FORMULATION OF AN EFFECTIVE SYSTEM’S MANAGEMENT STRATEGY. ONE OF THE ELEMENTS OF SEAPORT MANAGEMENT IS SUPPLY CHAIN. IT IS A CHAIN PROCESS OF HANDLING GOODS AND EQUIPMENTS WITHIN THE TERMINAL. SUCH A PROCESS INVOLVES MANY RISKS THAT ARE RELATED TO THE OPERATIONAL AND MANAGEMENT ASPECTS. RISK ITSELF HAS TWO ASPECTS WHICH ARE SOME LOSS MUST BE POSSIBLE AND THERE MUST BE UNCERTAINTY THAT ASSOCIATED WITH THAT LOSS. BY THAT, THE PROCESSES AGAINST UNCERTAINTIES AND LOSSES ARE RELATED WITH OPTIMIZATION OF PERFORMANCE TO ACHIEVE TERMINAL MAXIMUM OUTPUT IS NECESSARY. RISK MANAGEMENT CAN BE A MORE EFFECTIVE APPROACH TO DEAL WITH THESE UNCERTAINTIES BY IDENTIFYING PROBABILITY OF LOSSES.
THIS PRELIMINARY STUDY IS TO ASSESS THE ELEMENTS OF SUPPLY CHAIN AND ITS ASSOCIATED RISK, TO REVIEW THE RISK MANAGEMENT IN SEAPORT AND TO ANALYSE THE PREVIOUS STUDY ON RISK MANAGEMENT AND SUPPLY CHAIN MANAGEMENT. THESE SITUATIONS ARE NECESSARY IN DETERMINING THE LEVEL OF RISK MANAGEMENT IN THE SUPPLY CHAIN PROCESS IN SEAPORT TERMINAL.

 
Keyword(s): SUPPLY CHAIN MANAGEMENT, RISK MANAGEMENT, SEAPORT, CONCEPTUAL THEORY
 
 
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