Optimization of a supply portfolio in the context of supply chain risk management: literature review

Hamdi, Faiza; Ghorbel, Ahmed; Masmoudi, Faouzi; Dupont, Lionel

doi:10.1007/s10845-015-1128-3

Cited by 69 publications

(33 citation statements)

References 126 publications

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“…Generally, there are three approaches to model risk and uncertainty for supplier selection Hamdi et al, 2018). The first approach employs fuzzy sets theory to incorporate inherent uncertainty to the decision model (Azadnia et al, 2015;Govindan et al, 2013a;Paul, 2015;Vahidi et al, 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

Küresel Tedarikçi Riskine Farklı Bir Yaklaşım: Finans Temelli Bir Model Önerisi

Ergüzel

Tunahan

Esen³

2019

Alphanumeric Journal

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Increased competition with globalization has led multinational companies and suppliers to find cost-effective solutions to ensure competitive advantage. This tendency causes enterprises to shift their production to partially lower-cost markets. However, this approach ignores unpredictable and hidden costs and risks, especially in supply. Therefore, "The Strategy of Best Cost Country Sourcing" has begun to gain importance. The aim of this study is to propose a model for the determination of the risks in the selection of suppliers under the "Best Cost Country Sourcing Strategy". With the model, firm specific financial risks, national specific financial risks and global risks affecting Small and Medium Size Enterprices (SMEs) in 11 European Union countries were analyzed with the fuzzy logic method between 2006-2016. ÖZKüreselleşmeyle birlikte artan rekabet, çok uluslu şirketleri ve tedarikçilerini rekabet avantajı sağlayabilmeleri amacıyla, özellikle maliyet etkin çözümler bulmaya yönlendirmiştir. Bu yönelim, işletmelerin üretimlerini kısmi olarak daha düşük maliyetli pazarlara kaydırmalarına neden olmuştur. Ancak bu yaklaşım, özellikle tedarikte öngörülemeyen ve gömülü maliyetleri ve riskleri göz ardı etmektedir Bu nedenle "En İyi Ülkeden Tedarik Stratejisi" gittikçe önem kazanmaya başlamıştır. Bu çalışmanın amacı, "En İyi Ülkeden Tedarik Stratejisi" kapsamında tedarikçilerin seçiminde risklerinin belirlenmesine yönelik bir model önerisi sunmaktır.Oluşturulan model ile 11 Avrupa Birliği ülkesinde yerleşik KOBİ'leri etkileyen ülkeye ve firmalara özgü mali riskler ve küresel riskler 2006-2016 yılları arasında bulanık mantık yöntemi ile analize tabi tutulmuştur.

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Section: Literature Reviewmentioning

confidence: 99%

Küresel Tedarikçi Riskine Farklı Bir Yaklaşım: Finans Temelli Bir Model Önerisi

Ergüzel

Tunahan

Esen³

2019

Alphanumeric Journal

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“…Increasing awareness on sustainability and the rising risk exposure levels in the business environment drive companies to consider risk factors and the three pillars of sustainability in their supplier evaluation and selection process [3,4,9,34]. [17,21] Performance history [17,36,56] Information disclosure [34] Companies started to consider supplier related risks and threats in their purchasing decisions in order to survive in today's highly complex, dynamic and risky business environment [1,15,58]. Some past disruptive events have shown that even a small risk event in a sub-tier supplier may cause serious consequences for the entire SC [59].…”

Section: Supply Risk Issue In Supplier Evaluation and Selectionmentioning

confidence: 99%

“…Bad performance history and reputation [36] Political/economic stability [15,26,37,55] Uncertain lead time [62] Low customer service level [14,22,26,54,62] Manufacturing capacity risk [22,36] Information security [1,25] Production capability and technology limit [36] Capability to solve problems [14] Flexibility risk [15,33,57] Bargaining power of supplier [36] A limited number of researchers explored supplier evaluation and selection problem under a risk management perspective [14,27,37]. Hamdi et al [1] reviewed and classified 124 papers from 2003 to 2014 related with supplier selection based on Supply Chain Risk Management (SCRM). According to their review, the most frequent risks are reliability risk, variability of customers' requests, risk of sharing information, and quantity discounts, respectively.…”

Section: Supply Risk Issue In Supplier Evaluation and Selectionmentioning

confidence: 99%

“…Generally, a company spends almost 60% of its total sales on purchasing raw materials, assemblies, components, and parts [1]. Hence, evaluation and selection of suppliers is one of the most critical strategic decisions for developing a competitive and sustainable organization [2].…”

Section: Introductionmentioning

confidence: 99%

“…Therefore, companies have to consider supplier-related risks and threats in their purchasing decisions. Supplier risk measures have to be defined and incorporated into the supplier evaluation and selection process to mitigate supply risk [1,14,15].…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Supplier Risk Assessment Based on Best-Worst Method and K-Means Clustering: A Case Study

Kara¹,

Fırat²

2018

Sustainability

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Supplier evaluation and selection is one of the most critical strategic decisions for developing a competitive and sustainable organization. Companies have to consider supplier related risks and threats in their purchasing decisions. In today's competitive and risky business environment, it is very important to work with reliable suppliers. This study proposes a clustering based approach to group suppliers based on their risk profile. Suppliers of a company in the heavy-machinery sector are assessed based on 17 qualitative and quantitative risk types. The weights of the criteria are determined by using the Best-Worst method. Four factors are extracted by applying Factor Analysis to the supplier risk data. Then k-means clustering algorithm is applied to group core suppliers of the company based on the four risk factors. Three clusters are created with different risk exposure levels. The interpretation of the results provides insights for risk management actions and supplier development programs to mitigate supplier risk.

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Measuring dynamic supply chain risks for the offshoring decision in the post‐COVID‐19 era: A longitudinal study

Min,

Ahn,

2024

Transp. j.

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In times of prolonged economic doldrums across the globe, multinational firms (MNFs) offshoring blunders can undermine their competitiveness in the marketplace. To help the MNF formulate a more resilient offshoring strategy and identify the most desirable offshoring destination, this article aims to identify dynamic risk factors that significantly hinder the efficiency of offshoring and then measure specific offshoring risks over time using two different versions of data envelopment analysis (DEA) models and Malmquist productivity index (MPI). After assessing the degree of risk resiliency of the offshoring host countries over extended periods and then conducting Tobit regression analysis to identify key factors that significantly influence offshoring risks, we found that the host country's logistics efficiency (i.e., logistics performance index [LPI]) and domestic market size were critical indicators of offshoring success in that country. Since low‐cost sourcing countries (LCCs) tend to have relatively low LPIs and smaller domestic market sizes, they are not attractive offshoring destinations. This finding defies conventional wisdom. This article is one of the first longitudinal studies to assess the comprehensive risk resilience of 87 different offshoring destinations (countries) during multiple periods (6‐year span).

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Optimization of a supply portfolio in the context of supply chain risk management: literature review

Cited by 69 publications

References 126 publications

Küresel Tedarikçi Riskine Farklı Bir Yaklaşım: Finans Temelli Bir Model Önerisi

Küresel Tedarikçi Riskine Farklı Bir Yaklaşım: Finans Temelli Bir Model Önerisi

Supplier Risk Assessment Based on Best-Worst Method and K-Means Clustering: A Case Study

Measuring dynamic supply chain risks for the offshoring decision in the post‐COVID‐19 era: A longitudinal study

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