Effect of Supply Chain Risk Response on Supply Chain Resilience and Supply Chain Performance

2021 ◽  
Vol 21 (1) ◽  
pp. 1-22
Author(s):  
Chan-Kwon Park ◽  
Yeong-Bok Seo
Keyword(s):  
Supply Chain ◽  
Supply Chain Performance ◽  
Supply Chain Risk ◽  
Supply Chain Resilience ◽  
Risk Response

scholarly journals A Neutrosophic AHP and TOPSIS Framework for Supply Chain Risk Assessment in Automotive Industry of Pakistan

2019 ◽  
Vol 12 (1) ◽  
pp. 154 ◽  
Author(s):  
Muhammad Junaid ◽  
Ye Xue ◽  
Muzzammil Wasim Syed ◽  
Ji Zu Li ◽  
Muhammad Ziaullah
Keyword(s):  
Risk Assessment ◽  
Supply Chain ◽  
Supply Chains ◽  
Automotive Industry ◽  
Holistic Approach ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Analytic Hierarchy ◽  
Supply Chain Resilience ◽  
Supply Chain Risks

Risk is inherent in all parts of life and brings consequences, but when it specifically emerges in supply chains, it is susceptible. Therefore, this study aims at identifying and assessing supply chain risks and developing criteria for managing these risks. Supply chain (SC) risks consist of complex, uncertain, and vague information, but risk assessment techniques in the literature have been unable to handle complexity, uncertainty, and vagueness. Therefore, this study presents a holistic approach to supply chain risk management. In this paper, neutrosophic (N) theory is merged with the analytic hierarchy process (AHP) and technique for order of preference by similarity to ideal solution (TOPSIS) to deal with complexity, uncertainty, and vagueness. Then the proposed methodology is practically implemented through a case study on the automotive industry. SC resilience, SC agility, and SC robustness were selected as criteria for managing supply chain risks and analyzed using N-AHP. Furthermore, seventeen risks were identified and assessed by using N-TOPSIS. Results suggest supply chain resilience is the most important criterion for managing supply chain risks. Moreover, supplier delivery delays, supplier quality problems, supplier communication failures, and forecasting errors are the most vulnerable risks that occur in supply chains of the automotive industry in Pakistan.

Understanding the relationships between global supply chain risk and supply chain resilience: the role of mitigating strategies

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Juneho Um ◽  
Neungho Han
Keyword(s):  
Supply Chain ◽  
Global Supply Chain ◽  
Theoretical Development ◽  
Supply Chain Risk ◽  
Content Type ◽  
Supply Chain Resilience ◽  
Supply Chain Risks ◽  
The Impact ◽  
Practical Implications

Purpose This study aims to theoretically hypothesise and empirically explore the relationships amongst global supply chain risks, supply chain resilience and mitigating strategies. Design/methodology/approach The study adopts supply chain resilience as a dynamic capability and resilience capability as a mediating prerequisite in addressing supply chain risk in sourcing, manufacturing and delivery. The moderating role of diverse mitigating strategies is tested to enhance supply chain resilience. Data collected via survey was used for structural equation modelling and additional tests to explore appropriate mitigating strategies for differing risk environments. Findings Achieving better supply chain resilience capability plays an important mediating role between supply chain risks and resilience, while the relationships depend on the performance of seven mitigating strategies. Research limitations/implications The findings contribute to the theoretical development of risk management issues in global supply chains by suggesting the role of supply chain resilience capability. Practical implications The findings offer managerial guidance on how to mitigate the global supply chain risk through the appropriate practice of strategies to strengthen supply chain resilience in an uncertain environment. Originality/value This is the first empirical research examining the impact of mitigating strategies on supply chain resilience. The results provide practical implications for managing uncertain events and offering theoretical insight for future research in supply chain resilience.

Supply chain resilience for performance: role of relational practices and network complexities

2019 ◽  
Vol 24 (5) ◽  
pp. 659-676 ◽  
Author(s):  
Md Maruf Hossan Chowdhury ◽  
Mohammed Quaddus ◽  
Renu Agarwal
Keyword(s):  
Supply Chain ◽  
Structural Equation ◽  
Theoretical Perspective ◽  
Supply Chain Performance ◽  
Content Type ◽  
Supply Chain Resilience ◽  
Relational Practices ◽  
Novel Approach ◽  
The Relationship ◽  
Different Levels

PurposeFollowing a contingent resource-based view (CRBV) perspective, this paper aims to explore the operating context in which supply chain resilience (SCRE) is likely to enhance the supply chain performance (SCP) of organizations. More specifically, the authors developed the ‘Supply Chain Resilience’ model wherein we considered two important exogenous context variables (supply chain relational practices [SCRPs] and network complexities [NCs]) and studied their moderating roles on the relationship between SCRE and SCP. The authors also investigated the conditional effect of SCRE on SCP at different levels of SCRPs and NCs.Design/methodology/approachThis study used both qualitative and quantitative approaches. For the qualitative approach, a field study was undertaken, while the quantitative study was conducted via the use of a survey questionnaire of 274 apparel manufacturers and their suppliers in Bangladesh. The authors applied Hayes PROCESS enabled multiple regression analysis and structural equation modelling to statistically test the proposed research models.FindingsThe research findings revealed that SCRP and NC individually moderated the link between SCRE and SCP. The link between SCRE and SCP was strengthened via the interaction effect of SCRP and NC, even if the NC value was high.Practical implicationsThe findings will assist supply chain managers in managing supply chain performance during uncertainties by strengthening resilience capability at different levels of NCs and SCRPs.Originality/valueDrawing on CRBV, the authors studied how the conditional effects of exogenous variables (SCRP and NC) moderated the relationship between SCRE and SCP in both two- and three-way interactions, which is a novel approach in the SCRE literature and also extends the theoretical perspective of CRBV.

Promising research fields in supply chain risk management and supply chain resilience and the gaps concerning human factors: A literature review

Work ◽  
2020 ◽  
Vol 67 (2) ◽  
pp. 487-498
Author(s):  
Pedro Senna ◽  
Augusto da Cunha Reis ◽  
Alexandre Castro ◽  
Ana Claudia Dias
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Literature Review ◽  
Human Factors ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Related Factors ◽  
Chain Management ◽  
Supply Chain Resilience

BACKGROUND: Recent studies concerning supply chain management have shown that topics such as supply chain risk management (SCRM) and supply chain resilience (SCRes) are the new trends in supply chain management. Initial studies in the early 2000s developed frameworks to identify, measure and mitigate risks and assess/evaluate the degree of resilience of a company or supply chain. Recently, a large variety of studies has emerged, including more conceptual and review studies as well as more sophisticated, quantitative studies. However, studies on human-related factors are still lacking, and there is no systematic method to answer questions such as “What literature is available concerning human factors related to SCRM and SCRes?”, “Which human factors contribute to SCRes?” and “Which human factor can amplify SC Risks?” OBJECTIVE: The main goal of this paper is to conduct a systematic literature review to identify human factors that impact supply chain resilience and supply chain risk management. METHOD: This study was performed using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) method. The objective of using this review protocol is to ensure that the review has the minimum amount of bias due to research expectations. RESULTS: This study highlighted a summary of human-related risk and resilience factors as well as a discussion about these preliminary findings. CONCLUSIONS: As our main conclusion, we highlight that human factors may generate significant risks in the supply chain, nevertheless, there are other human factors that must be nourished to obtain SCRes.

scholarly journals Supply chain risk management processes for resilience: A study of South African grocery manufacturers

2017 ◽  
Vol 11 ◽  
Author(s):  
Simon Simba ◽  
Wesley Niemann ◽  
Theuns Kotzé ◽  
Assilah Agigi
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Supply Chain ◽  
South African ◽  
Manufacturing Industry ◽  
Risk Identification ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Supply Chain Resilience ◽  
Increased Risk

Background: The supply chain risk management (SCRM) process is aimed at the implementation of strategies that assist in managing both daily and exceptional risks facing the supply chain through continuous risk assessment to reduce vulnerability and ensure continuity.Purpose: The purpose of the study was to determine whether the SCRM process enables supply chain resilience among grocery manufacturers in South Africa. The fast-moving consumer goods (FMCG)-manufacturing industry faces increased risk because of the nature of their products being perishable with a limited shelf life.Method: This study was conducted using a descriptive qualitative research design. Data were collected by means of 12 semi-structured interviews with senior supply chain practitioners within the South African grocery manufacturing industry.Findings: The study found that most firms informally implement SCRM processes of risk identification, assessment, mitigation and monitoring to mitigate disruptions. Furthermore, the findings indicate that the SCRM processes facilitate resilience among grocery manufacturers in South Africa.Conclusion: The managerial implications show that supply chain managers of grocery manufacturers should formalise the SCRM process and develop risk assessment scales to better prioritise risks in order to run a resilient supply chain. The research contributes to the supply chain management field by adding to the scarce literature relating to SCRM as an enabler of supply chain resilience in a South African context.

scholarly journals IS THE SUPPLY CHAIN ORIENTATION IN AN AGILE SUPPLY CHAIN DETERMINING THE SUPPLY CHAIN PERFORMANCE?

2019 ◽  
Vol 7 (3) ◽  
pp. 695-702 ◽  
Author(s):  
Thanaporn Sriyakul ◽  
Andi Luhur Prianto ◽  
Kittisak Jermsittiparsert
Keyword(s):  
Supply Chain ◽  
Supply Chain Performance ◽  
Supply Chain Risk ◽  
Statistical Tool ◽  
Chain Orientation ◽  
Agile Supply Chain ◽  
Supply Chain Agility ◽  
Prime Objective ◽  
Indirect Relationship ◽  
Supply Chain Orientation

Purpose: The prime objective of the current study is to investigate the relationship between agile supply chain agility, supply chain performance and the supply chain orientation in Indonesia SMEs. In addition to that the indirect relationship between and among the supply chain orientation, supply chain agility and supply chain performance is examined. Employing the survey-based methodology, the SEM-PLS technique is used to test the hypothesized relationships. Methodology: Current study has used SEM-PLS as a statistical tool to answer the research questions raised in this study and research objectives envisaged in the current study. Results: The findings of the study have provided support to the theoretical foundation and proposed hypothesis of the current study. Current study will be helpful for policymakers and practitioners in understanding the issues related to supply chain risk, supply chain integration and supply chain agility. In the author's knowledge this is among very few pioneering studies on this issue.

Achieving supply chain resilience

2016 ◽  
Vol 7 (5) ◽  
pp. 544-562 ◽  
Author(s):  
Santanu Mandal ◽  
Rathin Sarathy ◽  
Venkateshwar Rao Korasiga ◽  
Sourabh Bhattacharya ◽  
Surajit Ghosh Dastidar
Keyword(s):  
Supply Chain ◽  
Structural Equation ◽  
Positive Influence ◽  
Equation Modeling ◽  
Supply Chain Performance ◽  
Supply Chain Collaboration ◽  
Content Type ◽  
Supply Chain Resilience ◽  
Logistics Capabilities ◽  
Integrated Logistics

Purpose The purpose of this paper is to investigate the inter-relationship among dominant supply chain capabilities of collaboration, flexibility, velocity and visibility and how the same influence supply chain resilience (SCRES) and supply chain performance. Further, the aim is to explore the relationship between integrated logistics capabilities and supply chain capabilities. Design/methodology/approach The proposed hypotheses were tested with survey data collected from 339 supply chain professionals. The collected data were then analyzed with confirmatory factor analysis, and the proposed relationships were tested with structural equation modeling. Findings Integrated logistics capabilities were found to positively influence supply chain collaboration and supply chain visibility. There is a positive influence of each of collaboration, flexibility, visibility and velocity on SCRES. Further, each of these supply chain capabilities positively influences each other to a greater extent. Further, SCRES was found to have a positive influence on supply chain performance. Research limitations/implications Like many other cross sectional studies, this study also suffers from data collected from single respondent per firm. Originality/value The study is significant and holds immense importance for managers and supply chain practitioners because it has suggested them to focus on core supply chain capabilities, for example, collaboration, flexibility, visibility and visibility for developing SCRES. Along with this, it undersigned the growing importance and empirical influence of integrated logistics capabilities in developing these supply chain capabilities and also the positive influence of resilience on supply chain performance.

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