The Assessment of Risks of Logistic Chain Based on Medicine Retail Case

Abstract

The article analyzes the problem of assesment of business risks of the Logistics chain from the point of storage to the end-user based on medicine retail case. The problem of the article – how to evaluate and manage the business risks of the logistics chain? The purpose of a research – after conducting a thorough scientific literature analysis, to define the business risks affecting the Logis-tics chain and to evaluate them according the impact on the Logistics chain, thus creating a basis for a more efficient management of these risks. The research was conducted using Analytical hierarchi-cal process method in a medicine retail sector in Lithuania. It has been determined that the most im-portant risk factor, affecting the Logistics chain from the point of storage to the end user, is the de-mand. Three of the following risk factors: operational risk, information dissemination risk and fi-nancial risk are almost equally important, with supply and environmental factors being of the least importance.