Supply chain risk management – I: Conceptualization, framework and planning process

Bandaly, Dia; Şatır, Ahmet; Kahyaoglu, Yasemin; Shanker, Latha

doi:10.1057/rm.2012.7

Cited by 43 publications

(26 citation statements)

References 70 publications

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“…As there is a significant relationship between these three SCRM processes, more focus should be confined to three instead of two processes. Some researchers developed conceptual framework for the risk identification, assessment, and mitigation processes (Ritchie and Brindley, 2007;Foerstl et al, 2010;Bandaly et al, 2012;Kern et al, 2012;Ghadge et al, 2013). The five major components in their framework are risk identification, risk assessment, risk consequences, risk management response, and risk performance outcomes.…”

Section: Scrm Conceptual Frameworkmentioning

confidence: 99%

Supply chain risk management: a literature review

Zheng²,

Yıldız

et al. 2015

International Journal of Production Research

1,042

803

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Risk management plays a vital role in effectively operating supply chains in the presence of a variety of uncertainties. Over the years, many researchers have focused on supply chain risk management (SCRM) by contributing in the areas of defining, operationalizing, and mitigating risks. In this paper, we review and synthesize the extant literature in SCRM in the past decade in a comprehensive manner. The purpose of this paper is threefold. First, we present and categorize SCRM research appearing between 2003 and 2013. Second, we undertake a detailed review associated with research developments in supply chain risk definitions, risk types, risk factors, and risk management/mitigation strategies. Third, we analyze the SCRM literature in exploring potential gaps.

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Section: Scrm Conceptual Frameworkmentioning

confidence: 99%

Supply chain risk management: a literature review

Zheng²,

Yıldız

et al. 2015

International Journal of Production Research

1,042

803

View full text Add to dashboard Cite

show abstract

“…Networks confer both benefits and risks on firms. Supply chain risk management studies have found that alternative value chain business models (e.g., outsourcing, leaning, offshoring, and use of just‐in‐time models) generate different network configurations; in turn, these network arrangements can generate different risk propagation mechanisms across a value chain, affecting the level of exposure of individual actors to cascading impacts (Bandaly, Satira, Kahyaoglu, & Shanker, ; Otto, Willner, Wenz, Frieler, & Levermann, ; Punter, ; Scheibe & Blackhurst, Simchi‐Levi, Schmidt, & Wei, ). The type of relationship between two actors can influence whether risk will be transferred or absorbed by either one, or whether the risk will be shared.…”

Section: Theory and Conceptsmentioning

confidence: 99%

A relational view of climate adaptation in the private sector: How do value chain interactions shape business perceptions of climate risk and adaptive behaviours?

2019

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Studies exploring climate change adaptation in the private sector have seldom investigated the effect of business network interactions on climate vulnerability and adaptation outcomes. This paper proposes a novel theoretical framework to explore how business-network dynamics affect risk perceptions and adaptive behaviours in business firms. The framework is empirically grounded in a comparative analysis of business-network dynamics from three agricultural value chains in Jamaica that are vulnerable to climate change impacts. The results illustrate how the exposure, sensitivity, and adaptive capacity of value chain actors are influenced by business interdependencies and interfirm relationships. We find that the level of formality of business exchanges (contractual or noncontractual), the level of resource interdependency, and the ability to diversify access channels to critical resources can influence the propagation of climate-related risks and influence actors' exposure and sensitivity to those risks. The study also offers evidence of the role played by bonding and bridging relational ties on adaptive capacity. The framework and findings provide a foundation for a new research agenda exploring a relational view of firm adaptation strategy in response to climate risks.

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“…Third, as an innovative business model, SCF requires cooperation and collaboration between multiple participating companies with different characteristics. Under this circumstance, as the exposure profile of risks has been shifted from a single organization to the members within a "chain", the principle of supply chain risk management (SCRM), as stated by many authors [25][26][27], is applied. On one hand, the structure of SCF makes the participants more vulnerable to the traditional risks encountered by a single organization.…”

Section: Risk Managementmentioning

confidence: 99%

Supply Chain Finance in China: Business Innovation and Theory Development

Liu

Zhou

2015

Sustainability

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Supply chain finance (SCF) is concerned with the capital flows within a supply chain, an area often neglected in past decades, while SCF does have an impact on a firm's capability to adopt sustainable supply chain management (SCM) practices. The aim of this study is to explore new insight from a growing body of research which is investigating SCF issues in China, an evolving transition economy. A content analysis on a review of 151 Chinese-written SCF papers from 2004-2014, based on a sample of 45 leading Chinese journals (Chinese Social Science Citation Index, CSSCI) was conducted from three perspectives: topical coverage, theoretical application and methodological inquiry. The study reveals that the research stream of SCF in China has emerged and evolved to a considerable extent. However, the SCF phenomenon in China is not exactly the same as "SCF" as it is perceived in the mature economy, which is articulated in mainstream SCM English literature. The Chinese business context in which SCF has been implemented has played a dominant role in initiating, affecting and even shaping SCF. This study represents the first endeavor in the field of SCM. It diffuses the Chinese-written SCF research in mainstream SCM English literature.

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Supply chain risk management – I: Conceptualization, framework and planning process

Cited by 43 publications

References 70 publications

Supply chain risk management: a literature review

Supply chain risk management: a literature review

A relational view of climate adaptation in the private sector: How do value chain interactions shape business perceptions of climate risk and adaptive behaviours?

Supply Chain Finance in China: Business Innovation and Theory Development

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