IJAIR NAAS Score : 3.99 ,ISSN : 2319-1473

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    Critical Risks of the Grain Supply Chain in Hungary

    Dr. Habil. Zoltán Imre Nagy; Csaba Ottó
    In Hungary, annually tens of millions of tonnes of grain products are sold in commerce domestically and several million tonnes leave the country towards the export markets. The commercial chains dealing with the distribution are organised on the basis of the joint and complex effect of several special risk factors. The supply chains have to manage the uncertainties of the expectable grain yields, as well as the development of the local demand-offer relations. In addition to this, the development of the local prices is also influenced significantly by the world market price levels and processes. The agrarian policy of the country, as regards the grain sector, defines the fundamentals of the international competitive situation as well as the basis of the development of foreign trade. The individual members of the supply chain are not able to identify the economic risks that originate from this activity and then they are not able to manage these risks appropriately in each case. This study presents a solution for the management of the identified risks and for appropriately supporting the specific supply chain decisions.
    Select Volume / Issue:
    Year:
    2015
    Type of Publication:
    Article
    Keywords:
    Grain Markets; Risk Management; Supply Chain; Sustainability
    Journal:
    IJAIR
    Volume:
    3
    Number:
    6
    Pages:
    1713-1719
    Month:
    May
    Hits: 9126

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