Advertisement

Differentiating Between Supply and Supplier Risk for Better Supply Chain Risk Management

  • Sudipa SarkerEmail author
Chapter
First Online:
Part of the Springer Series in Supply Chain Management book series (SSSCM, volume 7)

Abstract

■■■

This is a preview of subscription content, log in to check access.

References

  1. Alvarez, G., Pilbeam, C., & Wilding, R. (2010). Nestlé Nespresso AAA sustainable quality program: An investigation into the governance dynamics in a multi-stakeholder supply chain network. Supply Chain Management: An International Journal, 15(2), 165–182.CrossRefGoogle Scholar
  2. Blengini, G. A., et al. (2017). EU methodology for critical raw materials assessment: Policy needs and proposed solutions for incremental improvements. Resources Policy, 53, 12–19.CrossRefGoogle Scholar
  3. Blome, C., & Henke, M. (2009). Single versus multiple sourcing: A supply risk management perspective. In G. A. Zsidisin & B. Ritchie (Eds.), Supply chain risk—A handbook of assessment, management, and performance 124 (pp. 125–135). New York (US): Springer.Google Scholar
  4. Burke, G. J., Carrillo, J. E., & Vakharia, A. J. (2007). Single versus multiple supplier sourcing strategies. European Journal of Operational Research, 182(1), 95–112.CrossRefGoogle Scholar
  5. Chen, J., Sohal, A. S., & Prajogo, D. I. (2013). Supply chain operational risk mitigation: A collaborative approach. International Journal of Production Research, 51(7), 2186–2199.CrossRefGoogle Scholar
  6. Chen, J., Zhao, X., & Shen, Z.-J. (2015). Risk mitigation benefit from backup suppliers in the presence of the horizontal fairness concern. Decision Sciences, 46(4), 663–696.CrossRefGoogle Scholar
  7. Chopra, S., & Sodhi, M. S. (2004). Managing risk to avoid supply-chain breakdown. MIT Sloan Management Review, 46(1), 52–62.Google Scholar
  8. Chopra, S., & Sodhi, M. (2014). Reducing the risk of supply chain disruptions. MIT Sloan Management Review, 55(3), 72–80.Google Scholar
  9. Christopher, M., et al. (2011). Approaches to managing global sourcing risk. Supply Chain Management: An International Journal, 16(2), 67–81.CrossRefGoogle Scholar
  10. Christopher, M., Lowson, R., & Peck, H. (2004). Creating agile supply chains in the fashion industry. International Journal of Retail & Distribution Management, 3(8), 367–376.CrossRefGoogle Scholar
  11. Ellegaard, C. (2008). Supply risk management in a small company perspective. Supply Chain Management: An International Journal, 13(6), 425–434.CrossRefGoogle Scholar
  12. Finch, P. (2004). Supply chain risk management. Supply Chain Management: An International Journal, 9(2), 183–196, Web. 14 Mar. 2013CrossRefGoogle Scholar
  13. Foerstl, K., et al. (2010). Managing supplier sustainability risks in a dynamically changing environment-sustainable supplier management in the chemical industry. Journal of Purchasing and Supply Management, 16(2), 118–130.CrossRefGoogle Scholar
  14. Gaudenzi, B., et al. (2018). An exploration of factors influencing the choice of commodity price risk mitigation strategies. Journal of Purchasing and Supply Management January, 24(3), 218–237.CrossRefGoogle Scholar
  15. Govindan, K., & Jepsen, M. B. (2016). Supplier risk assessment based on trapezoidal intuitionistic fuzzy numbers and ELECTRE TRI-C: A case illustration involving service suppliers. Journal of the Operational Research Society, 67(2), 339–376.CrossRefGoogle Scholar
  16. Gualandris, J., & Kalchschmidt, M. (2015). Supply risk management and competitive advantage: A misfit model. The International Journal of Logistics Management, 26(3), 459–478.CrossRefGoogle Scholar
  17. Hallikas, J., Virolainen, V.-M., & Tuominen, M. (2002). Risk analysis and assessment in network environments: A dyadic case study. International Journal of Production Economics, 78(1), 45–55.CrossRefGoogle Scholar
  18. Harland, C., Brenchley, R., & Walker, H. (2003). Risk in supply networks. Journal of Purchasing and Supply Management, 9(2), 51–62.CrossRefGoogle Scholar
  19. Hey, Y. (2017). Supply risk sharing in a closed-loop supply chain. International Journal of Production Economics, 183(Part A), 39–52.CrossRefGoogle Scholar
  20. Ho, W., et al. (2015). Supply chain risk management: A literature review. International Journal of Production Research, 7543, 1–39.Google Scholar
  21. Hofmann, E. (2011). Natural hedging as a risk prophylaxis and supplier financing instrument in automotive supply chains. Supply Chain Management: An International Journal, 16(2), 128–141.CrossRefGoogle Scholar
  22. Jung, K., Lim, Y., & Oh, J. (2011). A model for measuring supplier risk: Do operational capability indicators enhance the prediction accuracy of supplier risk? British Journal of Management, 22, 609–627.CrossRefGoogle Scholar
  23. Kamalahmadia, M., & Mahour, M.-P. (2017). An assessment of supply chain disruption mitigation strategies. International Journal of Production Economics, 184, 210–230.CrossRefGoogle Scholar
  24. Kull, T. J., & Talluri, S. (2008). A supply risk reduction model using integrated multicriteria decision making. IEEE Transactions on Engineering Management, 55(3), 409–419.CrossRefGoogle Scholar
  25. Liu, J., et al. (2017). Implications from substance flow analysis, supply chain and supplier’ risk evaluation in iron and steel industry in mainland China. Resources Policy, 51, 272–282.CrossRefGoogle Scholar
  26. Manikandan, L., Thamaraiselvan, N., & Punniyamoorthy, M. (2011). An instrument to assess supply chain risk: Establishing content validity. International Journal of Enterprise Network Management, 4(4), 325–343.CrossRefGoogle Scholar
  27. Manuj, I., & Mentzer, J. T. (2008). Global supply chain risk management strategies. International Journal of Physical Distribution & Logistics Management, 38(3), 192–223.CrossRefGoogle Scholar
  28. Mishra, D., et al. (2016). Bridging and buffering: Strategies for mitigating supply risk and improving supply chain performance. International Journal of Production Economics, 180, 183–197.CrossRefGoogle Scholar
  29. Nguyen, H. V., et al. (2017). Developing visibility to mitigate supplier risk: The role of power-dependence structure. Asia-Pacific Journal of Business Administration, 9(1), 69–82.CrossRefGoogle Scholar
  30. Nourbakhsh, V., Ahmadi, A., & Mahootchi, M. (2013). Considering supply risk for supplier selection using an integrated framework of data envelopment analysis and neural networks. International Journal of Industrial Engineering Computations, 4(2), 273–284.CrossRefGoogle Scholar
  31. Peck, H. (2006). Reconciling supply chain vulnerability, risk and supply chain management. International Journal of Logistics, 9(2), 127–142.CrossRefGoogle Scholar
  32. Radivojević, G., & Gajović, V. (2014). Supply chain risk modeling by AHP and fuzzy AHP methods. Journal of Risk Research, 17(3), 337–352.CrossRefGoogle Scholar
  33. Ravi, A., & Clemons, E. K. (2005). Just right outsourcing: Understanding and managing risk introduction. In Proceedings of the 38th Hawaii International Conference on System Sciences-New York (pp. 1–10).Google Scholar
  34. Sarker, S., et al. (2016). Internal visibility of external supplier risks and the dynamics of risk management silos. IEEE Transactions on Engineering Management, 63(4), 451–461.CrossRefGoogle Scholar
  35. Sinha, P. R., Whitman, L. E., & Malzahn, D. (2004). Methodology to mitigate supplier risk in an aerospace supply chain. Supply Chain Management: An International Journal, 9(2), 154–168.CrossRefGoogle Scholar
  36. Tiwari, D., Patil, R., & Shah, J. (2015). Sequential unreliable newsboy ordering policies. Annals of Operations Research, 233(1), 449–463.CrossRefGoogle Scholar
  37. Tse, Y. K., & Tan, K. H. (2011). Managing product quality risk in a multi-tier global supply chain. International Journal of Production Research, 49(1), 139–158.CrossRefGoogle Scholar
  38. Valverde, R. (2015). An Insurance model for the protection of corporations against the bankruptcy of suppliers by using the black-scholes-merton model. European Journal of Economics, Finance, and Administrative Sciences, 76, 38–58.Google Scholar
  39. Viswanadham, N., & Samvedi, A. (2013). Supplier selection based on supply chain ecosystem, performance and risk criteria. International Journal of Production Research, 51(21), 6484–6498.CrossRefGoogle Scholar
  40. Walsworth, J. (2016). GM scrambles after supplier bankruptcy. Automotive News, 2016, 1–10.Google Scholar
  41. Wang, Y., Gilland, W., & Tomlin, B. (2010). Mitigating supply risk: Dual sourcing or process improvement? Manufacturing & Service Operations Management, 12(3), 489–510.CrossRefGoogle Scholar
  42. Zsidisin, G. A. (2003). A grounded definition of supply risk. Journal of Purchasing and Supply Management, 9(5–6), 217–224.CrossRefGoogle Scholar
  43. Zsidisin, G. A. (2016). Identifying and managing supply quality risk. The International Journal of Logistics Management, 27(3), 908–930.CrossRefGoogle Scholar
  44. Zsidisin, G. A., Panelli, A. & Upton, R. (2000). Purchasing organization involvement in risk assessments, contingency plans, and risk management: An exploratory study. Supply Chain Management: An International Journal, 5(4), 187–198.CrossRefGoogle Scholar

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.Department of Industrial and Production EngineeringBangladesh University of Engineering and TechnologyDhakaBangladesh

Personalised recommendations

Cite chapter

Buy options