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GLOBAL SUPPLY CHAIN RISK MANAGEMENT

895

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0

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2008

Year

TLDR

Global supply chains face a multitude of risks, and recent literature offers structured approaches for assessing these risks, yet no conceptual framework unifies this literature. The purpose of this paper is to integrate literature from several disciplines—including logistics, supply chain management, operations management, strategy, and international business—to develop a model of global supply chain risk management. The authors develop this model by synthesizing insights from logistics, supply chain management, operations management, strategy, and international business. The paper discusses the implications for stakeholders and suggests avenues for future research to deepen understanding of global supply chain risk management.

Abstract

Global supply chains face a multitude of risks. A review of the recent literature reveals a few structured and systematic approaches for assessing risks in supply chains. However, there is no conceptual framework that ties together this literature. The purpose of this paper is to integrate literature from several disciplines ‐ including logistics, supply chain management, operations management, strategy, and international business ‐ to develop a model of global supply chain risk management. The implications for stakeholders and how future research could bring more insights to the phenomenon of global supply chain risk management are also discussed.