Food Supply Chain Risk Management Situation Evaluation Model Based on Factor Analysis

Abstract

Food safety incidents occur frequently, so that food supply chain risk management has been paid considerable attention, and discussion on the evaluation model of risk management of food supply chain has important theoretical and practical significance. An influencing factors analysis framework for food supply chain risk management situation is constructed based on the theoretical analysis. Then factor analysis is carried out for the factors impacting the food supply chain risk management situation using questionnaire data of food production and processing enterprises. On this basis, a food supply chain risk management situation evaluation model is constructed by use of multiple regression analysis. The model suggests that the institutional factors are the most influential factors to food supply chain risk management, followed by the basic characteristic of enterprise, and finally the characteristics of employees.