2020
DOI: 10.1108/jmtm-08-2019-0299
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Proactive risk mitigation strategies and supply chain risk management performance: an empirical analysis for manufacturing firms in Turkey

Abstract: PurposeIn spite of its potential benefits in a wide range of situations, supply chain risk mitigation strategies have received scant attention on the subject of managing the supply chain risk in the business environment. Especially, there is still a limited understanding of the importance of firms’ supply chain flexibility, resilience and responsiveness in the supply chain risk management (SCRM) literature. This research focuses on exploring the relationship between significant proactive risk mitigation strate… Show more

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Cited by 81 publications
(77 citation statements)
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“…Although risk has uncertain consequences, which may not be economically beneficial [47], cause difficulties or loss, affect wellbeing [77] and be unavoidable, the risk itself is something that can be managed [93]. Since risk has been understood as "measurable uncertainty" [89], many researchers from different disciplines have developed methods and analysis tools to measure risk in their field of study [37,[94][95][96][97]. In the agricultural sector, for instance, farmers' risk preferences have been measured in the European agricultural context [98]; RADARSAT-2 is being used to monitor soil moisture to support risk reduction for the agriculture sector [99]; a TAMSAT-ALERT system is providing early warnings on meteorological risk to agriculture [100]; satellite-based meteorological and agricultural drought monitoring is available for agricultural sustainability in Sri Lanka [101]; and there are new perspectives on measurement, modelling, development and policies related to the income of farm families in Europe, especially in the light of increasing complexity of farms and policies on risk exposure [102].…”
Section: Understanding How Risks Affect Agribusiness Supply Chain Performancementioning
confidence: 99%
“…Although risk has uncertain consequences, which may not be economically beneficial [47], cause difficulties or loss, affect wellbeing [77] and be unavoidable, the risk itself is something that can be managed [93]. Since risk has been understood as "measurable uncertainty" [89], many researchers from different disciplines have developed methods and analysis tools to measure risk in their field of study [37,[94][95][96][97]. In the agricultural sector, for instance, farmers' risk preferences have been measured in the European agricultural context [98]; RADARSAT-2 is being used to monitor soil moisture to support risk reduction for the agriculture sector [99]; a TAMSAT-ALERT system is providing early warnings on meteorological risk to agriculture [100]; satellite-based meteorological and agricultural drought monitoring is available for agricultural sustainability in Sri Lanka [101]; and there are new perspectives on measurement, modelling, development and policies related to the income of farm families in Europe, especially in the light of increasing complexity of farms and policies on risk exposure [102].…”
Section: Understanding How Risks Affect Agribusiness Supply Chain Performancementioning
confidence: 99%
“…The findings of this study are SD and PPR significantly contribute to financial performance and quality performance. Saglam et al, (2020) stated that the effective implementation of SCRM has a positive and significant impact on firm performance. This is due to the interconnection of companies, the failure of a firm not only affects its performance but also affects the performance of partner companies, and makes supply chain members very vulnerable to risk.…”
Section: Business and Entrepreneurial Reviewmentioning
confidence: 99%
“…The items for control mechanisms were adopted by Li et al, (2008), Li, Xie, et al, (2010), andTse et al, (2019). Moreover, the RM culture was adopted by Li et al, (2015), Kurniawan et al, (2017), andFan et al (2017), Saglam et al, (2020), and Li et al, (2020), and the Culture of Competitiveness was adopted Hult et al, Vol.21, No.1, April 2021 (2002), Fantazy dan Ahmad, (2019). The SCQRM implementation was adopted by Tse et al, (2019) and the items for organizational performance were adopted by Quang et al, (2016), Soares et al, (2017), Phan et al, (2019, and Tse et al, (2019).…”
Section: Measurementsmentioning
confidence: 99%
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“…In order to design a resilient SCN, many scholars have conducted studies from multiple perspectives, such as risk management [28]- [32], control theory [33]- [37], and mathematical modeling and simulation [38]- [42]. In addition, many researchers have studied SCN resilience from the perspective of complex networks [43]- [50], because it is a simple and effective method that can capture the structural characteristics of an SCN, thus contributing to the construction of a resilient SCN.…”
Section: Introductionmentioning
confidence: 99%