Understanding the relationships between global supply chain risk and supply chain resilience: the role of mitigating strategies

Abstract

Purpose This study aims to theoretically hypothesise and empirically explore the relationships amongst global supply chain risks, supply chain resilience and mitigating strategies. Design/methodology/approach The study adopts supply chain resilience as a dynamic capability and resilience capability as a mediating prerequisite in addressing supply chain risk in sourcing, manufacturing and delivery. The moderating role of diverse mitigating strategies is tested to enhance supply chain resilience. Data collected via survey was used for structural equation modelling and additional tests to explore appropriate mitigating strategies for differing risk environments. Findings Achieving better supply chain resilience capability plays an important mediating role between supply chain risks and resilience, while the relationships depend on the performance of seven mitigating strategies. Research limitations/implications The findings contribute to the theoretical development of risk management issues in global supply chains by suggesting the role of supply chain resilience capability. Practical implications The findings offer managerial guidance on how to mitigate the global supply chain risk through the appropriate practice of strategies to strengthen supply chain resilience in an uncertain environment. Originality/value This is the first empirical research examining the impact of mitigating strategies on supply chain resilience. The results provide practical implications for managing uncertain events and offering theoretical insight for future research in supply chain resilience.

Show Me What You Do and I Will Tell You Who You Are: A Cluster Typology of Supply Chain Risk Management in SMEs

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Cross-Border E-Commerce Supply Chain Risk Evaluation with FUZZY-ISM Model

“…In order to protect the company from risks caused by various uncertain factors, a personalized theoretical framework suitable for the company has been formulated so that it can choose feasible methods to reduce corporate risks. Um and Han [19] explored the relationships amongst global supply chain risks, supply chain resilience, and mitigating strategies through theoretically hypothesis and empirical study. e results provide practical implications for managing uncertain events and offering theoretical insight for future research in supply chain resilience.…”

Modeling the enablers of sourcing risks faced by startups in COVID-19 era

“…Huma et al (2020) explored the relations between sourcing and the risk management performance and between supply and the importance of procurement in various tactical environments. Um and Han (2020) investigated the relationship between risks and adaptability in the supply chain, and ways to mitigate them. Blome and Henke (2009) analyzed the supply risk in single sourcing and dual sourcing.…”

“…Focused dimensions extensive analysis of past literature and have used them to address the causes in the automotive sector Deane et al (2009) This paper aims to provide a conceptual framework because of global supply disruptions and threats to enhance the knowledge base relevant to supplier selection Supplier risk Global sourcing Li and Barnes (2008) This study aims to define supply risk management approaches in a sense western-based manufacturing companies Manufacturing companies Sourcing Supply risk management Huma et al (2020) The purpose of this paper is to explore the relations between various policies of sourcing and the risk management performance and supply and the importance of procurement in various tactical environments Sourcing strategies Supply risk management Um and Han (2020) This study aims to investigate the relationship that exists between risks in the supply chain, adaptability in the supply chain and ways to mitigate them Supply chain risk Supply chain resilience Blome and Henke (2009) The paper aims to analyze the risks of both the approaches, i.e. single sourcing and multiple sourcing Supply risk management Single sourcing Multiple sourcing Borgers et al (2009) This paper aims to discuss the results of 50 cases concerning the implementation of the right shore evaluation study, a method and methodology for evaluating the sourcing situation based on risk assessment of outsourcing…”