Enhancing supply chain Resilience through Risk management & the role of Accounting at Golden Food oy
Alukkal, Anjana Sunil (2025)
2025
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2025120633182
https://urn.fi/URN:NBN:fi:amk-2025120633182
Tiivistelmä
The objective of this thesis is to analyse how risk management practices can be used to strengthen supply chain resilience in Golden Food Oy. This Finnish company imports food products from India. The primary objective of the study is to provide the company with practical recommendations on how to more effectively anticipate, mitigate, and respond to supply chain risks. The beneficiaries of the thesis are both Golden Food Oy and other small and medium-sized enterprises operating in the Finnish food import sector.
A qualitative case study approach was employed, combining semi-structured interviews with company staff and direct observations of ERP and inventory processes. The analysis was conducted using thematic analysis to identify key patterns in current practices, challenges, and opportunities for improvement. The findings reveal that Golden Food Oy heavily relies on ERP for accounting but lacks a formalized risk management framework and effective cross-departmental coordination during disruptions. However, the company demonstrates adaptability and strong operational commitment among its staff.
Based on these insights, the thesis proposes a risk assessment, accounting-based decision-making, ERP optimization, and buffer stock management to enhance resilience. The study concludes that by expanding the use of ERP data, formalizing risk management processes, and fostering internal communication, Golden Food Oy can strengthen its operational continuity and financial stability. Although this research is limited to a single case, this research contributes to the broader understanding of how SMEs can develop resilience through practical, data-driven approaches.
A qualitative case study approach was employed, combining semi-structured interviews with company staff and direct observations of ERP and inventory processes. The analysis was conducted using thematic analysis to identify key patterns in current practices, challenges, and opportunities for improvement. The findings reveal that Golden Food Oy heavily relies on ERP for accounting but lacks a formalized risk management framework and effective cross-departmental coordination during disruptions. However, the company demonstrates adaptability and strong operational commitment among its staff.
Based on these insights, the thesis proposes a risk assessment, accounting-based decision-making, ERP optimization, and buffer stock management to enhance resilience. The study concludes that by expanding the use of ERP data, formalizing risk management processes, and fostering internal communication, Golden Food Oy can strengthen its operational continuity and financial stability. Although this research is limited to a single case, this research contributes to the broader understanding of how SMEs can develop resilience through practical, data-driven approaches.