Development of Supply Chain Risk Management Strategies for Mitigating Loss Prevention in Manufacturing Organizations

Abstract Supply chain risk management (SCRM) has been widely discussed in the academic literature and several models have been proposed in recent years, but there is a need for a model encompassing phases and tools for SCRM. This study presents a systematic literature review (SLR) of 254 abstracts and 68 full-text papers. The SLR made it possible to identify and define the main phases for the SCRM, as well as the tools proposed for each phase. There is a concentration of efforts in the phases of identification, assessment, and selection of risk management strategies and a limited number of studies in monitoring and controlling risks. The article offers a global SCRM framework, contributing to the theoretical discussions and a practical guide to implementation related to SCRM.

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Conceptualising the moderating role of knowledge management within supply chain risks and supply chain risk management

Forest and Society ◽

10.24259/fs.v3i2.6426 ◽

2019 ◽

Vol 3 (2) ◽

pp. 209 ◽

Cited By ~ 1

Author(s):

Umair Waqas ◽

Azmawani Binti Abd. Rahman ◽

Normaz Wana Ismail ◽

Norazlyn Kamal Basha ◽

Sonia Umair

Keyword(s):

Risk Management ◽

Knowledge Management ◽

Supply Chain ◽

Management Strategies ◽

Risk Identification ◽

Supply Chain Risk Management ◽

Supply Chain Risk ◽

Risk Management Strategies ◽

Trading Partners ◽

Supply Chain Risks

There is a dearth of empirical and theoretical investigation in the field of supply chain risk management. Even though SCRM is an important component in supply chain management research, there is still a lack of understanding regarding the term and the concept to develop advantageous SCRM. In the literature of SCRM, different aspects have been discussed, for instance, risk identification, risk assessment, risk management strategies, risk monitoring, and contingency plans. Supply chain risks are increasing because of multiple outsourced partners linked with each other making it more complex, along with this, business is also uncertain, so these scenarios increase supply chain risks. Knowledge management has been used to know about the market scenarios and the information of trading partners and supply chain managers from different firms to know about the uncertainty or risks. However, the discussion shows that the efficient implication of KM capabilities on the SCRs and SCRM is still lacking. This paper provides a comprehensive conceptual framework on the effect of knowledge management within supply chain risk and supply chain risk management.

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Global supply chain risk management strategies

International Journal of Physical Distribution & Logistics Management ◽

10.1108/09600030810866986 ◽

2008 ◽

Vol 38 (3) ◽

pp. 192-223 ◽

Cited By ~ 473

Author(s):

Ila Manuj ◽

John T. Mentzer

Keyword(s):

Risk Management ◽

Supply Chain ◽

Management Strategies ◽

Global Supply Chain ◽

Supply Chain Risk Management ◽

Supply Chain Risk ◽

Risk Management Strategies

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The Research and Management Strategies of Supply Chain Risks

Applied Mechanics and Materials ◽

10.4028/www.scientific.net/amm.644-650.5523 ◽

2014 ◽

Vol 644-650 ◽

pp. 5523-5527

Author(s):

Ran Ding

Keyword(s):

Risk Factors ◽

Risk Management ◽

Supply Chain ◽

Management Strategies ◽

Supply Chain Risk Management ◽

Supply Chain Risk ◽

Future Studies ◽

Countermeasures And Suggestions ◽

Supply Chain Risks

The competition between supply chains is increasingly fierce on the current, supply chain risk management is got more attention by people. This paper elaborates definitions and meaning of the supply chain risk and supply chain risk management at first, followed by the classification of supply chain risk factors whose features are analyzed and compared thereafter. In the last, the paper proposes countermeasures and suggestions on supply chain risk management, which provides a useful reference for the future studies.

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