Risk Management of The Halal Supply Chain: A Literature Review

Abstract

Risk management, an important strategy in the decision-making process, especially in the halal supply chain that requires more extensive risk management than other products and industries. However, the development of literature studies regarding risk management in the halal supply chain is insignificant compared to other subjects, and researchers still have lack consensus regarding the best approaching model to be implemented in halal supply chain risk management. This research aims to provide insight into the investigated area and the scope that needs more recognition in future studies. Thirty-seven international publications were reviewed using a systematic literature review. The previous studies suggested the future research to conduct more research in the risk management of the halal supply chain, especially in the meat industry from the upper stream to the downstream. Future research should provide a preventive strategy by performing risk identification, evaluation, analysis, and mitigation. The researchers should obtain the data from practitioners with a case study using observation, interviews, Focus Group Discussion, or questionnaires to gather more reliable information. A risk map should be employed to analyze the risk since it is practical for the industries to follow. Previous studies recommend investigating other halal supply chains management areas, employing the advanced MCDM method, conducting a case study, and making the standardization and measurement of the halal critical point.