Understanding risk management for intentional supply chain disruptions: risk detection, risk mitigation, and risk recovery

Strategies to mitigate supply chain risk tend to treat disruptive events as homogenous, despite having different causes and requiring different risk management strategies. We develop a framework to understand effective risk management strategies by considering whether a disruption was caused by an i...

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Vydáno v:Annals of operations research Ročník 283; číslo 1-2; s. 179 - 198
Hlavní autoři: DuHadway, Scott, Carnovale, Steven, Hazen, Benjamin
Médium: Journal Article
Jazyk:angličtina
Vydáno: New York Springer US 01.12.2019
Springer
Springer Nature B.V
Témata:
Applications of OR in Disaster Relief Operations
Behavior
Business and Management
Combinatorics
Disaster recovery
Disaster relief
Disruption
Emergency preparedness
Management
Methods
Operations research
Operations Research/Decision Theory
Recovery
Risk management
Suppliers
Supply chains
Theory of Computation
United States
United States > US
Organizational information processing theory
Supplier management
Behavioral supply chain management
Risk management
Disaster recovery
ISSN:0254-5330, 1572-9338
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Shrnutí:Strategies to mitigate supply chain risk tend to treat disruptive events as homogenous, despite having different causes and requiring different risk management strategies. We develop a framework to understand effective risk management strategies by considering whether a disruption was caused by an intentional or inadvertent act and whether the source of the disruption was endogenous or exogenous to the supply chain. Based on exploring evidence from risk management strategies for specific disruptions, we find that risk detection is important for both intentional and inadvertent disruptions, while effective risk management practices differ in terms of risk mitigation (relational versus process based approaches) and risk recovery (restructuring versus resilience). The resultant theory-based framework provides a new theoretical perspective on supply chain disruptions and posits that understanding intent and the source of the disruption is critical for appropriate risk management strategies.
Bibliografie:ObjectType-Article-1
SourceType-Scholarly Journals-1
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ISSN:0254-5330
1572-9338
DOI:10.1007/s10479-017-2452-0