A Study of Supply Chain Risk Factors of the Large- Scale Apparel Manufacturing Companies – Sri Lanka

Apparel industry plays a vital role in the Sri Lankan economy. Hence, it is crucial for Sri Lankan apparel manufacturers to maintain and improve its apparel market share in the international markets. Supply chain operations can be identified as key operations in apparel manufacturing companies. Since they deal with a vast area of policies and institutions, they can increase the risk of exposure for apparel manufacturers. Risk identification and risk assessment are the most critical steps in the risk management process. Therefore, this study helps the large-scale apparel manufacturers to identify the most critical risks they are exposed to that require immediate action. This research has been aligned under three objectives as identification of supply chain risk factors, ranking the identified risks according to their probability and impact using different risk assessment methodologies, and identification of the most accurate risk ranking among them. 30 supply chain risk factors have been assessed in this study and they have been ranked according to the Risk Matrix Methodology and the Borda Count Methodology. The results of this study can be used in extra large scale apparel manufacturing companies to safeguard their businesses by minimising the risk of exposure in supply chain operations.