Supply Chain Risk Management: A Review of Thirteen Years of Research

Abstract

This paper performs a systematic literature review on supply chain risk management (SCRM). This review analyzes 133 articles published between 2005 and the first quarter of 2018. Its main purpose is to identify the developed strategies used to mitigate risks and improve supply chain performance. It appears that there is heterogeneity in the developed strategies and that quantitative methods simulation/modeling are the most used by researchers to mitigate supply chain risks (SCR). Although emphasis is made on the links between SCRM and performance or resilience, risk prevention strategies remain the least represented in the papers analyzed. We also find that there is no superior approach in the set of various risks management strategies and thus it is difficult to linearly establish, the successive evolutions of the models that would replace others.

Linking big data, sustainable supply chain management and corporate performance: the moderating role of circular economy thinking

“…, 2021; Munir et al. , 2020; Elock Son, 2018). The food supply chain is widely known for its vulnerability to environmental and social uncertainties (Davis et al.…”

“…Supply chain is the veins of the global economy and society (Ivanov, 2020). In a dynamic global context, a supply chain is known to be vulnerable to surrounding fluctuations (Marcos et al, 2021;Munir et al, 2020;Elock Son, 2018). The food supply chain is widely known for its vulnerability to environmental and social uncertainties (Davis et al, 2021;Yontar and Ers€ oz, 2020).…”

Fake news, misinformation, disinformation and supply chain risks and disruptions: risk management and resilience using blockchain

“…SCRM is a popular research area, and interest in this subject has grown (Ceryno et al, 2013). Numerous literature reviews have confirmed the importance and extent of SCRM over the years (Tang, 2006;Khan et al, 2008;Manuj & Mentzer, 2008;Rao & Goldsby, 2009;Tang & Nurmaya Musa, 2011;Colicchia & Strozzi, 2012;Sodhi et al, 2011;Ceryno et al, 2013;Fahimnia et al 2015;Ho et al, 2015;Snyder et al, 2015;Rajagopal et al, 2017;Prakash et al, 2017;Bugert & Lasch, 2018;Elock Son, 2018;Seipp et al, 2020;Shekarian & Mellat Parast, 2020). Tang (2006), based on the definitions of SCRM, makes a distinction between two dimensions (i) Supply chain risks and disruptions; and (ii) the Mitigation Approach concerning supply management, demand management and, most importantly, in our context, information management.…”