Risk assessment and relationship management: practical approach to supply chain risk management

Ritchie, Bob; Brindley, Clare; Armstrong, Nick

doi:10.1504/ijasm.2008.021211

Cited by 14 publications

(11 citation statements)

References 18 publications

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“…The evidence is that paths in the framework are interrupted (Fig. 6) A general result of the proposed framework is an advance on the Ritchie et al (2008). They recognize a link between risk sources and performance dimension, but they do not mention particular drivers because in their opinion a generalization is practically impossible.…”

Section: Ajasmentioning

confidence: 98%

“…Many authors (Ritchie et al, 2008;Oehmen et al, 2009) say that creating a shareholder value requires an integrated approach to performance and risk management. According to Wagner and Bode (2008) it is possible to define supply chain risk as the negative deviation from the expected value of a certain performance measure.…”

Section: Managing the Supply Chain Riskmentioning

confidence: 99%

“…This clue has been supported since by Miller (1992), who has firstly recognized a positive link between shared risk and cooperation, among supply chain actors. Other authors (Ritchie et al, 2008;Oehmen et al, 2009) have then interrelated the risk to the performance and it represents the base of our conceptual framework in which risk is correctly shared using performance metrics as drivers.…”

Section: Introductionmentioning

confidence: 99%

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Increasing Integration Across the Supply Chain Through an Approach to Match Performance and Risk

Nenni

Giustiniano

2013

American Journal of Applied Sciences

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It is well known by researchers and practitioners that shared risks among actors support integration and collaboration across a supply chain. Moreover many authors have linked risk to performance contribution. Nevertheless these ideas remain still theoretical and in literature applications are missing. The aim of this study is to develop a logical framework in which risk, performance and actors are connected each other. The goal is using the framework as a tool to recognize unbalanced supply chains and the best way to improve them. The benefit should be a better integration among supply chain actors. The logical framework has been thought and then applied in the case of an Integrated Logistic Support (ILS) service.

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Section: Ajasmentioning

confidence: 98%

Section: Managing the Supply Chain Riskmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Increasing Integration Across the Supply Chain Through an Approach to Match Performance and Risk

Nenni

Giustiniano

2013

American Journal of Applied Sciences

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“…Contributions by scholars such as Ross (1973), Mitnick (1973), Jensen and Meckling (1976), and Eisenhardt (1989) demonstrate agency theory's relationship within the economic realm. Other scholars have investigated agency theory as it relates to disciplines such as finance, information systems, management, supply chain management (Ritchie, Brindley, and Armstrong 2008), and sociology (Shapiro 1987;2005).…”

Section: Agency Theorymentioning

confidence: 99%

Addressing On-board Assaults and Driver Health and Well-Being: A Voluntary Professional Association’s Approach

Lowe¹,

Evans²

2016

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This paper provides an account of how a voluntary professional association (or industry representative body) in Victoria, Australia, led a whole-of-industry response to an alarming increase in on-board assaults on bus drivers by passengers, and the resulting impact on drivers' health and well-being. Influenced by literature and guided by the results from two commissioned research pieces, the association developed and implemented a five pillar strategy to address these issues. A stakeholder perspective was adopted to develop the strategy in order to ensure high relevance and value by being as inclusive as possible across the entire industry, and agency theory underpinned the association's implementation of the strategy. It is hoped that this case study exemplar will assist others in utilising theory for policy change with a view to increase the productivity and social capital of an industry. KeywordsVoluntary professional association, stakeholder perspective, agency theory, health, wellness and safetyIn 2013, the Victorian bus and coach industry recognised a significant health and wellbeing concern which was evidenced by a Transport Safety Victoria (TSV) report. This report showed a marked increase in the number of assaults on bus drivers by passengers since 2008. These findings, and related industry concerns, prompted the Bus Association Victoria Inc. (BAV), a voluntary professional association, to create a comprehensive five pillar strategy that endeavoured to address the problem of rising on-board assaults and the flow-on effect to bus driver's health. In developing and implementing the strategy, the BAV adhered to the stakeholder perspective and adopted agency theory as a framework for a co-ordinated, highly consultative and inclusive approach. Preliminary results from this approach indicate that the strategy's implementation has provided the industry with a focus and a process for systematically educating and creating change, not only at an operator level but also at a legislative level through greater evidence-based advocacy for  policy reform. The strategy was implemented in 2013, with activity still being undertaken as well as ongoing evaluation and monitoring.Central to this was the establishment of a Bus Industry Wellness Taskforce. The Taskforce is in charge of enlisting engagement and commitment of BAV members and related industry stakeholders to ensure that initiatives are practical, targeted, and

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“…Other scholars have investigated agency theory as it relates to disciplines such as finance, information systems, management, supply chain management (Ritchie, Brindley, and Armstrong 2008) and sociology (Shapiro 1987;Shapiro 2005). Agency theory seems to explain how the relationship between the SBVPA member operator (the principal) and the SBVPA (the agent) might influence bus-operator governance models to achieve certain levels of community interaction.…”

Section: Theorymentioning

confidence: 99%

Measuring Social Capital Linkage: The Role of the State-Based Voluntary Professional Association

Lowe¹

2015

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This paper discusses the nature of the Australian bus and coach representative environment and the role of the state-based voluntary professional association (SBVPA). A literature review associated with memberships to which businesses subscribe for representation and linking social capital is presented, as well as a discussion on agency theory that possibly explains the member/association dynamic. The results of an Australia-wide survey of bus operators, which measures the extent of linking social capital between themselves and their SBVPA, are revealed. It is found that one state with consistently higher results may possess a competitive advantage in the form of a partnership agreement with the State Government Authority-an agreement that rests on co-operation and facilitates social capital. This evidence could contribute to the global narrative on how non-profit associations can be a mechanism for institutionalising social capital, sustain a firm's operation and encourage governments to increase their use of non-profit associations, as agents of government, to achieve public policy outcomes.

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Risk assessment and relationship management: practical approach to supply chain risk management

Cited by 14 publications

References 18 publications

Increasing Integration Across the Supply Chain Through an Approach to Match Performance and Risk

Increasing Integration Across the Supply Chain Through an Approach to Match Performance and Risk

Addressing On-board Assaults and Driver Health and Well-Being: A Voluntary Professional Association’s Approach

Measuring Social Capital Linkage: The Role of the State-Based Voluntary Professional Association

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