SUPPLY CHAIN RISK MANAGEMENT: OUTLINING AN AGENDA FOR FUTURE RESEARCH

SUPPLY CHAIN RISK MANAGEMENT: OUTLINING AN AGENDA FOR FUTURE RESEARCH

Vol. 6, No. 4, 2003 | Uta Jüttner, Helen Peck*, Martin Christopher
The paper "Supply Chain Risk Management: Outlining an Agenda for Future Research" by Uta Jüttner, Helen Peck, and Martin Christopher explores the concept of supply chain risk management (SCRM) and identifies an agenda for future research in this field. The authors begin by highlighting the increasing awareness of supply chain vulnerabilities and the need for effective risk management strategies. They review existing literature and conduct semi-structured interviews with supply chain professionals to gather insights on current practices and perceptions. The paper defines SCRM as the identification and management of risks in supply chains through coordinated actions among supply chain members to reduce overall vulnerability. It distinguishes four basic constructs: risk sources, risk consequences, risk drivers, and risk mitigating strategies. The authors identify and discuss these constructs in detail, emphasizing the complexity and multifaceted nature of supply chain risks. The research methodology involves a discovery-oriented, practitioner-based approach using semi-structured interviews and focus groups to capture a wide range of experiences and perspectives. The findings suggest that risk assessment along the supply chain is complex and that network-related risks are often neglected. The authors also highlight the importance of understanding risk concepts and their implications for different industries and supply chains. The paper concludes by outlining an agenda for future research, focusing on four critical aspects: assessing risk sources, defining the supply chain risk concept, identifying risk drivers, and mitigating risks. The authors emphasize the need for more empirical research to develop practical guidelines and frameworks for effective SCRM. They call for a deeper understanding of the trade-offs involved in risk management decisions and the development of tools to support managers in their decision-making processes.The paper "Supply Chain Risk Management: Outlining an Agenda for Future Research" by Uta Jüttner, Helen Peck, and Martin Christopher explores the concept of supply chain risk management (SCRM) and identifies an agenda for future research in this field. The authors begin by highlighting the increasing awareness of supply chain vulnerabilities and the need for effective risk management strategies. They review existing literature and conduct semi-structured interviews with supply chain professionals to gather insights on current practices and perceptions. The paper defines SCRM as the identification and management of risks in supply chains through coordinated actions among supply chain members to reduce overall vulnerability. It distinguishes four basic constructs: risk sources, risk consequences, risk drivers, and risk mitigating strategies. The authors identify and discuss these constructs in detail, emphasizing the complexity and multifaceted nature of supply chain risks. The research methodology involves a discovery-oriented, practitioner-based approach using semi-structured interviews and focus groups to capture a wide range of experiences and perspectives. The findings suggest that risk assessment along the supply chain is complex and that network-related risks are often neglected. The authors also highlight the importance of understanding risk concepts and their implications for different industries and supply chains. The paper concludes by outlining an agenda for future research, focusing on four critical aspects: assessing risk sources, defining the supply chain risk concept, identifying risk drivers, and mitigating risks. The authors emphasize the need for more empirical research to develop practical guidelines and frameworks for effective SCRM. They call for a deeper understanding of the trade-offs involved in risk management decisions and the development of tools to support managers in their decision-making processes.
Reach us at info@study.space
[slides] Supply chain risk management%3A outlining an agenda for future research | StudySpace