A proactive approach to supply chain risk management: Shifting orders among suppliers to mitigate the supply side risks

Kırılmaz, Oguzhan; Erol, Serpil

doi:10.1016/j.pursup.2016.04.002

Cited by 115 publications

(82 citation statements)

References 47 publications

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“…Proactive mitigation plans are implemented in order to decrease the probability of occurrence rather than to reduce a potential impact of a materialised risk. [20] Applying Big Data to traditional risk management approaches may result in potential enhancements of the process and consequently in a significant reduction in the level of the overall risk to the entire supply network.…”

Section: Risk Management In Global Supply Networkmentioning

confidence: 99%

Big Data-Enhanced Risk Management

Bischof

Wilfinger

2019

TFAMENA

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Today's global and complex supply networks are susceptible to a broad variety of internal and external risks. Thus, comprehensive and innovative approaches to risk management are required. This paper addresses the question of how Big Data can be used for the implementation of an advanced risk management system. A conceptual framework covering three major dimensions of Big Data-driven risk management, i.e. type of risk, risk management phases and available technology, is introduced. Additionally, selected application examples for early detection, assessment, mitigation and prevention of risks in supply networks are provided.

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Section: Risk Management In Global Supply Networkmentioning

confidence: 99%

Big Data-Enhanced Risk Management

Bischof

Wilfinger

2019

TFAMENA

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“…For Fahimnia et al (2015), while some risks can be prevented, others must be mitigated. It should be emphasized that internal risks are more likely to occur, while external ones have greater impacts on the chains because they are usually associated with events with severe consequences (Thun & Hoenig, 2011;Kırılmaz & Erol, 2017;Revilla & Saenz, 2017).…”

Section: Uncertaintymentioning

confidence: 99%

Do analytically-oriented supply chains better manage risks?

Alvarenga

Oliveira

Filho

et al. 2018

JOSCM

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Risk management has emerged as a field of operations management research due to the greater exposure of organizations to internal and external risks, as a result of globalization, outsourcing, reduction in the number of suppliers, and the need to improve cost and inventory management. Although this subject has received attention in recent years, the relationship between analytical orientation and supply chain risk management is little explored. Thus, this research verifies the impact of analytical orientation over supply chain risk management. A questionnaire was applied with micro, small and medium-sized firms of Brazilian Southeast region, obtaining 111 responses. The structural equation modeling was used for analysis and the main conclusions indicate that analytical orientation has a strong and significant impact over supply chain risk management. In this sense, those supply chains that are more analytical manage their risks better, resulting in lower perception of uncertainty.

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“…Growing out of multiple research disciplines, this research field consists of multiple, inter-related subfields including Procurement (Iyer 1996, Hunter, Bunn et al 2006), Supply Chain Management (Larson and Halldórsson 2002, Burgess, Singh et al 2006, Wieland and Wallenburg 2013, Wieland, Handfield et al 2016), Purchasing and Supply Management (Spina, Caniato et al 2013), Sourcing, Purchasing, Contracting and Buying (Cardozo 1983, Wilson, McMurrian et al 2001, Barclay and Bunn 2006, Juha and Pentti 2008, and more. This field's theoretical development has its roots in purchasing and sourcing, and it has over time moved towards Supply Chain Management and a focus on whole supply chains (Kırılmaz and Erol 2017). At the same time, the field has moved from a predominantly operational focus to a focus on strategic issues (Spekman, Kamauff et al 1994, Anderson and Katz 1998, Bozarth, Handfield et al 1998, Lidegaard, Boer et al 2015 and proactivity (Smeltzer and Siferd 1998).…”

Section: Procurementmentioning

confidence: 99%

The role of context, activities, and organization, in Value-Based Procurement

Larsson¹

2018

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This thesis explores the adoption of a Value-Based Procurement Strategy. A procurement strategy is value-based when it facilitates procurement to develop attractive value propositions for both suppliers and internal stakeholders. The procurement function, including its activities and organization, and the collaboration with suppliers, are shaped to achieve this goal. SAAB, a Swedish military fighter airplane manufacturer, has been driven to adopt such a strategy by its surrounding context and market position, which demand that SAAB find new ways to attract key suppliers. SAAB responded to this demand by offering suppliers alternative benefits in terms of, for example, knowledge, intelligence, standardization, co-marketing, and prioritization. SAAB offers the empirical opportunity taken by this thesis to explore Value-Based Procurement.A theoretical framework built on literature on procurement in terms of procurement context, procurement activities, and procurement organization informs this study. The framework also encompasses literature on value and value propositions. A value perspective describes well both how SAAB's procurement function has been shaped, and the work that the procurement Värdeerbjudanden är verktyg för att utveckla inköpsstrategi och för att exekvera på sådan strategi i inköps arbete. Denna avhandling fördjupar också förståelsen för värde genom att förespråka en parallell syn på samutvecklat värde för kund och leverantör. Slutligen bidrar den till inköpsliteraturen genom att visa att den köpande sidan också kan erbjuda värde. Denna avhandling bidrar till företagsledare genom att illustrera hur en Värdebaserad inköpsstrategi kan införas och möjliga anledningar till varför den borde införas. Den föreslår också "value actions" som möjliga satsningar på att förbättra Värdebaserad inköpsstrategi.-viii --ix -

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A proactive approach to supply chain risk management: Shifting orders among suppliers to mitigate the supply side risks

Cited by 115 publications

References 47 publications

Big Data-Enhanced Risk Management

Big Data-Enhanced Risk Management

Do analytically-oriented supply chains better manage risks?

The role of context, activities, and organization, in Value-Based Procurement

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