Table 8

Risk management strategies for rice supply chains

Risk management strategies and relevant stakeholdersToolsMean (n = 200)Standard deviationStandard error
Risk management strategies for supply risks
Seek alternative suppliers' (Farmers); (Related stakeholders)RM; RC4.10.80.1
Promote contract farming’ (MAFF); (Farmers); (Related stakeholders)RT; RM4.00.90.1
Provide the incentive to local seed producers and distributors' (MAFF); (Related stakeholders)RM4.20.80.1
Use the system of “sharing-hand”: help each other during the farming period; improve agricultural management practices (e.g. using direct seeding)’ (Farmers); (Related stakeholders)RM; RC3.90.90.1
Offer tax incentives to incentivize the imports of equipment and machinery’ (MEF); (Related stakeholders)RM4.00.90.1
Risk management strategies for production risks
Improve agricultural management practices for biological risks (e.g. better water management, improve seeds); improve the agricultural extension services to commune level’ (Farmers); (MAFF); (Related stakeholders)RM; RC4.10.90.1
Encourage agricultural microfinance’ (MEF); (NBC); (Related stakeholders)RM4.10.80.1
Encourage and promote policy on sustainable utilization of farming land (e.g. effective mapping)’ (MLMUPC); (MAFF); (MOP: National Institute of Statistics of Cambodia-NIS); (Related stakeholders)RM4.10.90.1
Develop public policies and enforce regarding sanitary and phytosanitary standards (e.g. food safety); use pesticide and fertilizer effectively; avoid risky practices through organic farms' (MAFF); (MISTI); (MOH); (MOC); (Farmers); (Related stakeholders)RC; RM; RA4.10.90.1
Improve productivity by using high-yielding seed and modern agricultural techniques' (MAFF); (Farmers); (Related stakeholders)RM; RC4.20.90.1
Support and establish farmer organization’ (MAFF); (Related stakeholders)RM; RC4.10.80.1
Improve agricultural training’ (MAFF); (Related stakeholders)RM; RC4.30.80.1
Risk management strategies for demand risks
Conduct comprehensive research or study on national and international markets, which are potential for rice, to explore the opportunities; broadcast and spread the research results to a wide range of rice producers' (MOC); (MAFF); (Related stakeholders)RM4.20.80.1
Improve transparency and market information’ (MAFF); (Related stakeholders)RM; RC4.20.80.1
Promote contract farming with millers/buyers' (MAFF); (Farmers); (Related stakeholders)RT; RM4.10.90.1
Improve warehouse management’ (Farmers); (Related stakeholders)RM; RT4.10.80.1
Seek alternative buyers' (MAFF); (Farmers); (Related stakeholders)RM; RC4.30.90.1
Risk management strategies for environmental risks
Adapt for climate change (e.g. agricultural diversification); purchase insurance; aid or charity from government, international organization and other donors' (Farmers); (Related stakeholders)RT; RM; RC3.90.80.1
Develop irrigation (use existing water resources effectively; repair and upgrade existing irrigation; invest in new irrigation)’ (MOWRAM); (MFAIC); (Farmers); (Related stakeholders)RM; RC4.20.80.1
Construct and maintain roads in the countryside (link rice production areas to markets)’ (MRD); (MPWT); (Related stakeholders)RM; RC4.40.80.1
Reduce electricity price and promote electric power transmission to rural areas' (MISTI); (MME: Electricity Authority of Cambodia-EAC); (Related stakeholders)RM; RC4.10.90.1
Improve the agricultural extension services to commune level’ (MAFF); (Related stakeholders)RM; RC4.20.80.1
Improve agricultural know-how training’ (MAFF); (Related stakeholders)RM; RC4.30.70.1
Manage COVID-19 affects farmers by investing in the vaccination program, quarantine program, robust health systems and advanced R&D’ (MOH); (Related stakeholders)RM; RC4.20.80.1

Note(s): RM: risk mitigation; RA: risk avoidance; RT: risk transfer; RC: risk coping

or Create an Account

Close Modal
Close Modal