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An integrated approach to risk management for a bulk coal export logistic chainBotha, Andre 11 1900 (has links)
In an ever-changing world where economic growth is inter-alia dependent on the export of bulk
minerals, the risk and the severity of risk incidences in the bulk mineral supply chain should be
minimised. In South Africa the export of coal is a large contributor to the GDP and any risk to
this supply chain will directly affect its contribution to the GDP. Although all the stakeholders
in the bulk coal export logistic chain manage the risk in their own domain, the bulk export
logistic chain represents a supply chain structure where the risk of one stakeholder influences the
risk of another stakeholder. Therefore, to reduce the total risk, an integrated risk management
framework for the bulk coal export logistic chain is required.
This study investigated the risks and the risk management processes in the bulk coal export supply
chain. This logistic chain was chosen based on the monetary value the chain represents and the
contribution to the GDP. A qualitative research design was used with one-on-one interviews and
content analysis of risk management policies and procedures to obtain the data. The study revealed
that there are risks that could not be managed on an individual stakeholder level and therefore an
integrated risk management approach that considers the total bulk coal logistics export chain is
required. / Entrepreneurship and Supply Chain, Transport, Tourism and Logistics Management / M. Com (Logistics Management)
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