Risk management strategy and methodology of their analysis in logistics of Kazakhstan

The purpose of this article is to highlight an important topic for the developing logistics complex of Kazakhstan. The study of risk management strategies and their implications is a fundamental tool in choosing the shortest and most efficient way to develop the economy of Kazakhstan. The author proposes his personal view on the problems of risk management in Kazakhstan and possible solutions. The article is intended to supplement the existing body of knowledge in this scientific segment, thus highlighting the importance of the studied topic. The logistics industry of Kazakhstan is on the threshold of exploring various modern methods of management and business processes. The development of strategies of anti-crisis measures will prevent stagnation in the development of the industry. In parallel, the author compares the studied material with real logistics processes and events in Kazakhstan. Conducting work on mistakes is the first step in self-development. The article seeks to identify, classify risks, outline strategies to minimize the likelihood of their occurrence and, if they do occur, minimize the consequences.The conclusions of the study include recognition of the fact of imperfection in some cases of anti-crisis policy of Kazakhstan, which led to the adoption of ill-considered decisions that lead to undesirable long-term consequences. The author also considers priority, in the author’s opinion, ways to develop the logistics industry in Kazakhstan.

1. Emet GÜREL (2017) SWOT analysis: a theoretical review. Uluslararası Sosyal Araştırmalar Dergisi. The Journal of International Social Research, pp. 995–996.

2. Alan Sarsby. (2012) A Useful Guide to SWOT Analysis. Nottingham, p. 10.

3. Team FME. Strategy Skills SWOT Analysis, p. 19.

4. Tang O. & Musa N. (2011) Identifying risk issues and research advancements in supply chain risk management. International Journal of Production Economics, pp. 25–34.

5. Ritchie B. & Brindley C. (2007) Supply chain risk management and performance: A guiding framework for future development. International Journa lof Operations & Production Management, 27(3), pp. 303–322.

6. Raj Kamal (2017) Internet oF Things OF THINGS. Chennai, p. 28.

7. Wagner S.M. & Bode C. (2008) AN EMPIRICAL EXAMINATION OF SUPPLY CHAIN PERFORMANCE ALONG SEVERAL DIMENSIONS OF RISK. Journal of business logistics, 1(29), pp. 307–325.

8. Stadtler H. & Kilger C. (2008) Supply Chain Management and Advanced Planning. s.l.:Springer.

9. Dama-DMBOK: Data Management Body of Knowledge: 2nd Edition. NEW JERSEY, 2017, pp. 21, 248.

10. Evropejskaja еkonomicheskaja komissija Organizacii Obedinennyh Nacij. Upravlenie riskami v sistemah normativnogo regulirovanija. N’ju-Jork i Zheneva, 2014, pp. 19–21.

11. Nikanorov P.A. (2019) Upravlenie riskami v menedzhmente kachestva. Sankt-Peterburg, p. 161.

12. Fawcett S. & Cooper B. (1998) Measurement and Customer Success. Industrial Marketing Management, pp. 341–357.

13. Pimenov N.A. (2016) Upravlenie finansovymi riskami v sisteme ekonomicheskoj bezopasnosti. Moskva, p. 54.

14. Petrova A.V., Vohmjanina A.V. (2020) Upravlenie cepjami postavok. Ekaterinburg, p. 71–72.

15. Tarei P.K., Thakkar J.J. & Nag B. (2020) Benchmarking the relationship between supply chain risk mitigation strategies and practices: an integrated approach. Benchmarking: An International Journal, 27(5), pp. 1683–1715.

16. Faisal M.N., Banwet D. & Shankar R. (2007) Information risks management in supply chains: an assessment and mitigation framework. Journal of Enterprise Information Management, 20(6), pp. 677–699.

17. Vjatkin V.N., Gamza V.A., Maevskij F.V. (2018) Risk-Menedzhment. Moscow, p. 226.

18. Manuj I. & Mentzer J.T. (2008) Global supply chain risk management. Journal of business logistics, 29(1), pp. 133–155.

19. Kartvelishvili V.M., Sviridova O.A. Risk-Menedzhment, metody ocenki riska, pp. 43–45.

20. Spencer Pickett K.H. (2013) Auditing the risk management process, p. 141–144.

21. Lambert D. & Stock J. (2001) Strategic Logistic Management. In: New York: McGraw-Hill, pp. 476– 514.

22. Heckmann I., Comes T. & Nickel S. (2015) A critical review on supply chain risk – Definition, measure and modeling. Omega publishing, pp. 119–132.

23. Tomlin B. (2006) On the Value of Mitigation and Contingency Strategies for Managing Supply Chain Disruption Risks. MANAGEMENT SCIENCE, 52(5), pp. 639–657.

24. Trkman P. & McCormack K. (2009) Supply chain risk in turbulent environments – A conceptual model for managing supply chain network risk. International Journal of Production Economics, vol. 119, p. 247–258.