Thutchanan Sangwan.. Risk management for local logistics service provider focusing on outbound road freight transportation. Master's Degree(Industrial Engineering). Mahidol University. Mahidol University Library and Knowledge Center. : Mahidol University, 2016.
Risk management for local logistics service provider focusing on outbound road freight transportation
Abstract:
Establishing the ASEAN Economic Community (AEC) in 2015 has increased Thailand's opportunities for cross-border trades and import-export shipments especially between Thailand and its four immediate neighbours - Myanmar, Malaysia, Laos, and Cambodia. The major mode of transportation among these countries is road transportation. Fierce competition will occur as multinational logistics companies are the key players and compete with local logistics service providers. Hence, to survive the competition under AEC, risk management is one of the ways to enhance the ability of logistics firms. This research identified the risks for their logistics services and found avenues to manage the risks. Relevant literature, regarding the risks related to the Outbound Road Freight Transportation Service, was validated by industry experts. Risk severity and the likelihood of occurrence have been analysed by using the Analytical Hierarchy Process (AHP) technique and the Likert scale. Finally, suggestions for mitigating the risks have been included based on the 4Ts strategies.