scholarly journals Disruption Risk Mitigation in Supply Chains - the Risk Exposure Index Revisited

2016 ◽  
Author(s):  
Yini Gao ◽  
Chung-Piaw Teo ◽  
Zhenzhen Yan
Keyword(s):  
Supply Chains ◽  
Risk Mitigation ◽  
Risk Exposure ◽  
Exposure Index ◽  
Disruption Risk

scholarly journals Disruption Risk Mitigation in Supply Chains: The Risk Exposure Index Revisited

2019 ◽  
Vol 67 (3) ◽  
pp. 831-852 ◽  
Author(s):  
Sarah Yini Gao ◽  
David Simchi-Levi ◽  
Chung-Piaw Teo ◽  
Zhenzhen Yan
Keyword(s):  
Supply Chains ◽  
Risk Mitigation ◽  
Risk Exposure ◽  
Exposure Index ◽  
Disruption Risk

scholarly journals Estimation of disruption risk exposure in supply chains

2011 ◽  
Vol 2 (1) ◽  
pp. 1 ◽  
Author(s):  
Ulf Paulsson ◽  
Carl Henric Nilsson ◽  
Sten Wandel
Keyword(s):  
Supply Chains ◽  
Risk Exposure ◽  
Disruption Risk

Minimizing supply chain disruption risk through enhanced flexibility

2009 ◽  
Vol 39 (5) ◽  
pp. 404-427 ◽  
Author(s):  
Joseph B. Skipper ◽  
Joe B. Hanna
Keyword(s):  
Supply Chain ◽  
Multiple Regression ◽  
Planning Process ◽  
Research Effort ◽  
Risk Exposure ◽  
Contingency Planning ◽  
Management Support ◽  
Supply Chain Disruption ◽  
Content Type ◽  
Disruption Risk

PurposeThe purpose of this paper is to examine the use of a strategic approach (contingency planning) to minimize risk exposure to a supply chain disruption. Specifically, the relationship between several attributes of a contingency planning process and flexibility are examined.Design/methodology/approachThis effort develops a model that will provide both researchers and practitioners a means of determining the attributes with the highest relationship to flexibility. The model is then tested using multiple regression techniques.FindingsBased on the sample used in this survey, top management support, resource alignment, information technology usage, and external collaboration provide the largest contributions to flexibility. Flexibility has been shown to enhance the ability to minimize risk exposure in the event of a supply chain disruption.Research limitations/implicationsIn this research effort, the multiple regression results produced an R2 of 0.45, indicating that additional variables of interest may need to be identified and investigated. Furthermore, a wider range of respondents could make the results more generalizable.Practical implicationsThis effort will help to allow managers at multiple levels to understand the primary planning attributes to use to increase flexibility.Originality/valueThe paper develops a model that can be used to identify the specific areas that can lead to improved flexibility. Based on the model, managers, and planners can develop appropriate strategies for minimizing risk exposure in the event of a supply chain disruption.

Strategic Sourcing Under Severe Disruption Risk: Learning Failures and Under-Diversification Bias

2020 ◽  
Author(s):  
Kyle Goldschmidt ◽  
Mirko Kremer ◽  
Douglas J. Thomas ◽  
Christopher W. Craighead
Keyword(s):  
Risk Mitigation ◽  
Problem Definition ◽  
Diversification Strategy ◽  
Strategic Sourcing ◽  
Supply Disruptions ◽  
Ex Post ◽  
Sourcing Strategy ◽  
Daunting Task ◽  
Disruption Risk ◽  
Managerial Implications

Problem definition: We study sourcing behavior in severe conditions where supply disruptions are rare but carry the potential of wiping out several rounds worth of a firm’s profit. Academic/practical relevance: The tradeoff between scale economies from supplier consolidation and risk mitigation from supplier diversification is at the core of firms’ sourcing strategy and one that is empirically understudied. Methodology: We study supplier diversification through a behavioral lens and test theoretically derived predictions under controlled laboratory conditions. Results: Our data provide strong evidence for under-diversification. We posit that this pattern is partly because of the fact that investing in supplier diversification involves an upfront cost to achieve a delayed, and rarely encountered, benefit. Managerial implications: Under-diversification bias is costly, and its causes are difficult to overcome, presenting firms with the daunting task of devising debiasing mechanisms that reinforce a supplier diversification strategy when the rarity of disruptions almost always render supplier consolidation the ex post preferred strategy.

scholarly journals SUPPLY DISRUPTION RISK MITIGATION: A CASE STUDY OF AUTOMOTIVE COMPANY

2020 ◽  
Vol 22 (1) ◽  
pp. 247-262
Author(s):  
Eley Suzana Kasim ◽  
Dalila Daud ◽  
Jamaliah Said ◽  
Norlaila Md Zin ◽  
Elisa Kusrini
Keyword(s):  
Risk Mitigation ◽  
Supply Disruption ◽  
Automotive Company ◽  
Disruption Risk

scholarly journals Determinants of Strategic Risk Management in Emerging Markets Supply Chains: The Case of Mexico

2010 ◽  
Vol 15 (28) ◽  
pp. 125-140
Author(s):  
Walfried Lassar ◽  
◽  
Jerry Haar ◽  
Raúl Montalvo ◽  
Leslie Hulser ◽  
...  
Keyword(s):  
Supply Chains ◽  
Risk Mitigation ◽  
Performance Criteria ◽  
Qualitative Assessment ◽  
Future Research ◽  
Network Systems ◽  
Strategic Risk ◽  
Pilot Investigation ◽  
And Performance ◽  
Depth Interviews

Risk mitigation in global supply chains has grown in importance in recent years, in tandem with globalization and both the commercial and security threats faced by firms both large and small. This study hypothesizes that a firm’s ability to manage risk strategy— and therefore support its competitiveness—is determined by a symbiotic triad of factors: the resources it utilizes; network systems; and performance criteria it employs. The study, comprising 24 in-depth interviews with electronics and IT firms, examines resource utilization through the Resource-Based View (RBV), assesses firms’ proclivity to engage in networks for risk mitigation and competitiveness; and highlights the importance of performance evaluation as a critically important component in supply chain management. Findings reveal that both buyers and suppliers believe that the symbiotic triad can provide them with a competitive advantage in addition to improving operational efficiency, effectiveness and quality. Future research should also extend this pilot investigation to other countries and industries, and utilize a larger sample of firms for quantitative as well as qualitative assessment.

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