scholarly journals House of risk approach for assessing supply chain risk management strategies: A case study in Crumb Rubber Company Ltd

2018 ◽  
Vol 154 ◽  
pp. 01097 ◽  
Author(s):  
Taufiq Immawan ◽  
Dea Kusuma Putri

Risk is an uncertain and can have both negative and positive impacts. If the risks have a negative impact then a company will incur losses. CRUMB RUBBER COMPANY LTD is one of crumb rubber company in West Kalimantan. The length of the supply chain contained in CRUMB RUBBER COMPANY LTD and the high dependence on suppliers leads to vulnerability. So the purpose of this research is to identify the risk and determine the priority of source of risk along with the priority of handling it on CRUMB RUBBER COMPANY LTD supply chain with House of Risk approach. House of risk approach consists of two phases. Phase 1 is used to determine the dominant risk agent and phase 2 determines the effective action to deal with the dominant risk agent. From the research results, there are 19 risk events and 29 risk agents identified. The result of house of risk in phase 1 is known that 13 of 28 risk agents are dominant risk agent. Then the priority handling strategy in house of risk in phase 2, in this phase obtained 18 priority risk handling strategies.

2020 ◽  
Vol 27 (3) ◽  
Author(s):  
Priscila Gomes Pereira Gaspar ◽  
Paula Santos Ceryno ◽  
Ana Luiza Ferrer ◽  
Antônio Márcio Tavares Thomé

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.


2019 ◽  
Vol 3 (2) ◽  
pp. 209 ◽  
Author(s):  
Umair Waqas ◽  
Azmawani Binti Abd. Rahman ◽  
Normaz Wana Ismail ◽  
Norazlyn Kamal Basha ◽  
Sonia Umair

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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