Risk Mitigation Strategy for Mangosteen Business Using House of Risk (HOR) Methods (A Case Study in "Wijaya Buah", Blitar District, Indonesia)

Abstract

The study aimed to determine the order of priority risk agents and risk mitigation strategies that should be implemented by “Wijaya Buah” as a fruit wholesaler. This research used 2 phases of House of Risk (HOR) methods. HOR I was used to identify risk events and risk agents in mangosteen business based on the mapping of business activities using the Supply Chain Operations Reference (SCOR) version 9 level 2. HOR II then was used to determine the risk mitigation strategy based the relation between the risk mitigations and the risk agents. The results of the study showed that 19 risk events were identified with 27 risk agents. Based on the calculation of Aggregate Risk Potential (ARP), 1 risk agents became priority to be designed for mitigation strategies. In order to reduce the incidence of risk agent, 3 mitigation strategies should be applied in “Wijaya Buah”. Keywords: HOR; Mangosteen; Mitigation; Risk; SCOR