Analysis and Mitigation of Supply Chain Risks in the Procurement of Production Materials Using the House of Risk (HOR) Method at PT. XYZ
Agus Septiyanto
Industrial Engineering Study Program, Faculty of Engineering, Universitas Pelita Bangsa, Bekasi, Indonesia
Annass Nurhuda Asidiq
Industrial Engineering Study Program, Faculty of Engineering, Universitas Pelita Bangsa, Bekasi, Indonesia
Aulia Puspitasari
Industrial Engineering Study Program, Faculty of Engineering, Universitas Pelita Bangsa, Bekasi, Indonesia
Dita Anggraeni
Industrial Engineering Study Program, Faculty of Engineering, Universitas Pelita Bangsa, Bekasi, Indonesia
ABSTRACT:
The study examines hazards associated with the supply chain for the acquisition of ABS (Acrylonitrile Butadiene Styrene) materials at PT. We implement the House of Risk (HOR) methodology for XYZ. The primary aim of this research is to identify risk factors that may hinder the seamless procurement of materials and to formulate appropriate mitigation methods. The initial phase of the HOR approach entails the identification of principal hazards, thereafter prioritized according to the Aggregate Risk Potential (ARP) value. In the subsequent phase, mitigation solutions are formulated and assessed utilizing the Effectiveness to Difficulty Ratio (ETD) value. The findings reveal that the primary risks to be mitigated are delivery delays, discrepancies in material quality, and variations in raw material costs. Proposed mitigation techniques encompass enhancing communication with suppliers, diversifying the supplier base, and instituting fixed-price contracts. The application of the HOR technique has demonstrated efficacy in assisting PT. XYZ emphasizes risk reduction and distributes resources effectively, ultimately improving the resilience and operational stability of the supply chain.
Published in: International Journal of Research in Engineering, Science and Management (Volume 7, Issue 12, December 2024)
Page(s): 143-145
Date of Publication: 06/01/2025
Publisher: IJRESM
Cite as: Agus Septiyanto, Annass Nurhuda Asidiq, Aulia Puspitasari, Dita Anggraeni, “Analysis and Mitigation of Supply Chain Risks in the Procurement of Production Materials Using the House of Risk (HOR) Method at PT. XYZ,” in International Journal of Research in Engineering, Science and Management, vol. 7, no. 12, pp. 143-145, December 2024.