scholarly journals The Effect of Top Management Involvement on Supply Chain Risk Management through Buyer-Supplier Relationship

2019 ◽  
Vol 20 (2) ◽  
pp. 105
Author(s):  
Hotlan Siagian ◽  
Zeplin Jiwahusada Tarigan ◽  
Han Tae Hee
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Partial Least Square ◽  
Top Management ◽  
Supply Chain Risk Management ◽  
Manufacturing Companies ◽  
Supply Chain Risk ◽  
The Impact ◽  
Management Involvement ◽  
Supplier Relationship

This paper aims to examine the role of the buyer-supplier relationship in improving the impact of top management involvement in the supply chain risk management. The study used 55 export-oriented manufacturing companies domiciled in East Java of Indonesia, and three respondents from top management level represented each company. Of 55, 44 companies have completed the questionnaires which means the response rate of 80%. Data collection used a questionnaire designed with a five-item Likert scale. Data analysis used the partial least square technique with Smart-PLS software version 3.0 to examine the hypotheses. The finding revealed that top management involvement affects supply chain risk management, top management involvement affects the buyer-supplier relationship, and buyer-supplier relationship affects supply chain risk management. The last finding is that buyer-supplier relationship empirically the effect of top management involvement. This paper paves the way for the manager in improving supply chain risk management by practicing top management involvement and development of a relationship with the supplier.

Bridging the gap between supply chain risk management and strategic technology partnering capabilities: insights from social capital theory

2018 ◽  
Vol 23 (4) ◽  
pp. 278-292 ◽  
Author(s):  
Irène Kilubi ◽  
Helen Rogers
Keyword(s):  
Social Capital ◽  
Risk Management ◽  
Supply Chain ◽  
Organizational Performance ◽  
Social Capital Theory ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Capital Theory ◽  
Content Type ◽  
The Impact

Purpose As companies seek to continually innovate to remain globally competitive, they also need to be mindful of the impact of the potential associated supply chain risks. Hence, the purpose of this study is to explore the causal nexus of relationships linking supply chain risk management (SCRM) and strategic technology partnering (STP) capabilities (i.e. organizational capabilities, technological and innovative capabilities, learning and exploitation capabilities, complementary capabilities and network and partnership capabilities) as identified by Kilubi (2016). Design/methodology/approach The authors investigate STP capabilities that may positively influence SCRM and in turn foster organizational performance. By using conceptual theory building, the authors create a conceptual framework and use it to guide future investigation through research propositions. Social capital theory serves as the theoretical background. Findings Five STP capabilities have been identified as positive mediators for the relationship between SCRM and organizational performance, in particular flexibility and responsiveness. Originality/value This paper focuses on bridging the gap and identifying commonalities between two principal research disciplines, STP and SCRM, examining how these can be used to assist in the controlling and management of future risks. This study contributes to the ongoing development of SCRM and STP by integrating insights from social capital theory, supply chain management and strategic management.

scholarly journals Prioritization of the Best Sustainable Supply Chain Risk Management Practices Using a Structural Analysis Based-Approach

2021 ◽  
Vol 13 (9) ◽  
pp. 4608
Author(s):  
Manel Elmsalmi ◽  
Wafik Hachicha ◽  
Awad M. Aljuaid
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Structural Analysis ◽  
Management Practices ◽  
Supply Chain Risk Management ◽  
Sustainable Supply Chain ◽  
Supply Chain Risk ◽  
Delayed Differentiation ◽  
Two Phases ◽  
The Impact

Companies attempt to improve the performance of their supply chain (SC) by distinguishing and presenting feasible sustainable development practices (SDP). Considering SDP without focusing on sustainability risks may disturb the company’s future. Very few studies in the extant literature have dealt with the impact of (SDP) on the supply chain risk management (SCRM). In fact, the aim of this paper is to classify and prioritize SDPs according to their priority for better risk management and effective SC performance. The proposed approach comprises two phases. First, 14 SDPs are identified and selected from the literature. Second, MICMAC (Matrice d’impacts croisés multiplication appliquée à un classement) method as a structural analysis method applies to identify and assess sustainable supply chain risk management (SSCRM) practices which reduce risk in the SC. The input data for each phase are based on Delphi technique, which is a process group used to collect the opinions of experts in the field. The aim of the proposed approach is to prioritize SSCRM practices and classify them into influential, non-influential, independent and dependent practices and their mutual relationships. The six key findings SSCRM practices from direct and indirect classification include the following elements: (1) Delayed differentiation, (2) Information sharing with upstream and/or downstream partners, (3) Simplification of product dismantling/anticipation of product end of life, (4) Supplier/subcontractor’s performance assessment, (5) establishing shared supply management and (6) establishment of contracts with transporters.

scholarly journals The Influence of Strategic Leadership, Business Continuity Planning and Supply Chain Resilience on Organizational Performance: Instrument Validation

2021 ◽  
Vol 12 (2) ◽  
pp. 228
Author(s):  
Mosaab A Habani ◽  
Suzilawati Kamaruddin
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Business Performance ◽  
Business Continuity ◽  
Strategic Leadership ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Business Continuity Planning ◽  
Continuity Planning ◽  
The Impact

Managing supply chain disruption needs to be considered an important activity for organizations. Supply chain risk management implies identifying, assessing, monitoring, and evaluating the potential risks across all supply chain members. The process of risk management emphasizes the improvement of supply chain performance through designing appropriate strategies. To be more precise, the chief responsibility in supply chain risk management is to ensure quality performance during crises and disruptions. Hence, identifying and validating risk-relevant factors that leads to superior business performance is necessary.  This study aims to validate the instrument to measure the impact of factors associated with business performance i.e., strategic leadership, business continuity planning, and resilience to disruption. This paper contributes to the literature by developing a comprehensive model that strengthens a firm’s resilience to disruption and leads to superior business performance.

Analyzing the supply chain risk issues for an Indian manufacturing company

2014 ◽  
Vol 11 (2) ◽  
pp. 144-162 ◽  
Author(s):  
Sudeep Kumar Pradhan ◽  
Srikanta Routroy
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Business Practices ◽  
Manufacturing Companies ◽  
Supply Chain Risk ◽  
Content Type ◽  
Related Risk ◽  
Manufacturing Supply Chain ◽  
Manufacturing Company ◽  
The Impact

Purpose – The purpose of this paper is to identify, analyze, assess and manage the risks issues involved in an Indian manufacturing supply chain. The paper also shows the direction to use the proposed comprehensive risk management framework in different manufacturing supply chain. Design/methodology/approach – The various risks for an Indian manufacturing company are identified through brainstorming session held with managers and engineers. The risks are categorized (i.e. delivery performance; process capability; demand and supply fluctuation at supplier end; rework; and business practices) and the domain (i.e. supplier, manufacturer and customer) of each risk is also identified for further analysis. A Failure Mode and Effect Analysis is used to rank the impact of all the relevant risks associated with various risk categories and the action plans are suggested by proposing a risk treatment process. Findings – The degree of impact of each relevant risk is determined and is used for deriving managerial insights. Through Pareto analysis, it is concluded that top 20 percent risk factors are coming from supplier and organization domain. It is interesting to note that no relevant risk related to customer domain is appearing in top 20 percent. It is also found that 54 percent risk is coming from supplier-related risk domain and 46 percent risk exists in the organization-related risk domain among top 20 percent risk. Research limitations/implications – This study is restricted to only one Indian manufacturing company. Therefore, the outcomes of the study should not be generalized. Further studies may be carried out for several Indian manufacturing industries to get more generalized impact of risks, its validity and their variation across the different manufacturing companies. Practical implications – The simplicity and clarity of the proposed framework provides step-by-step approach for identifying, categorizing and managing risks involved in the supply chain. It also provides the guidelines for a manager to benchmark and update risk handling in a specific manufacturing environment with its own priority considerations. Originality/value – Although many literatures are available related to supply chain risk management, the proposed approach provides a better practical generic platform to understand, manage, reduce and mitigate the risks involved along the manufacturing supply chain.

scholarly journals The Impact of COVID-19 on the Global Supply Chain: A Discussion on Decentralization of the Supply Chain and Ensuring Interoperability

2021 ◽  
Vol 16 (1) ◽  
pp. 56-60
Author(s):  
Eri Ino ◽  
Kenji Watanabe ◽  
◽  
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Management System ◽  
Global Supply Chain ◽  
Manufacturing Industries ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Support Measures ◽  
The World ◽  
The Impact

Focusing on reconstruction of the Global Supply Chain (GSC), which has been accelerated by the spread of the COVID-19 pandemic, this study considers how COVID-19 has impacted the GSC and the appropriate approach to Supply Chain Risk Management (SCRM) in the future. Due to the spread of COVID-19, manufacturing industries across the world, including those in Japan, have faced difficulties in procurement and continuation of production. Under these circumstances, the Japanese Government has implemented measures to support the supply chain. This study reviews the decentralization and complication of the GSC triggered by the changing environment around it and the support measures undertaken. Considering a more decentralized and complicated GSC in future and its SCRM, the authors will continue to examine the effectiveness of the introduction of a management system based on standardized rules in the region concerned.

scholarly journals Supply Chain Risk Management: Literature Review

Risks ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 16
Author(s):  
Amulya Gurtu ◽  
Jestin Johny
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Network Flow ◽  
Business Environment ◽  
Mitigation Strategies ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Chain Management ◽  
The Impact

The risks associated with global supply chain management has created a discourse among practitioners and academics. This is evident by the business uncertainties growing in supply chain management, which pose threats to the entire network flow and economy. This paper aims to review the existing literature on risk factors in supply chain management in an uncertain and competitive business environment. Papers that contained the word “risk” in their titles, keywords, or abstracts were selected for conducting the theoretical analyses. Supply chain risk management is an integral function of the supply network. It faces unpredictable challenges due to nations’ economic policies and globalization, which have raised uncertainty and challenges for supply chain organizations. These significantly affect the financial performance of the organizations and the economy of a nation. Debate on supply chain risk management may promote competitiveness in business. Risk mitigation strategies will reduce the impact caused due to natural and human-made disasters.

scholarly journals A Fuzzy-Based Holistic Approach for Supply Chain Risk Assessment and Aggregation Considering Risk Interdependencies

2019 ◽  
Vol 9 (24) ◽  
pp. 5329 ◽  
Author(s):  
Alina Díaz-Curbelo ◽  
Ángel M. Gento ◽  
Alfonso Redondo ◽  
Faisal Aqlan
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Supply Chain ◽  
Holistic Approach ◽  
Mitigation Strategies ◽  
Assessment Process ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Cascading Effects ◽  
The Impact

Supply chain risk management requires dealing with uncertainty, interrelations, and subjectivity inherent in the risk assessment process. This paper proposes a holistic approach for risk management that considers the impact on multiple performance objectives, the relation between risk agents, and the risk event interdependencies. An aggregated risk score is proposed to capture the cascading effects of common risk triggers and quantify the aggregated score by risk agent and objective. The approach also uses fuzzy logic to allow for the treatment of vague and ambiguity data as input parameters to the model from different domains and scales, according to knowledge and criteria nature. The integration of the balanced scorecard tool improves the analysis and prioritization of mitigation strategies in decision-making, both by risk agent and by strategic objective. A case study of a telecommunication company is presented to illustrate the applicability of the proposed approach.

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