Supply chain risk management: present and future scope

Abhijeet Ghadge · Samir Dani · Roy S Kalawsky

444 citations0/0 files storedThe International Journal of Logistics Management

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Supply Chain Resilience and Risk Management Quality and Supply Management Sustainable Supply Chain Management

Abstract

Purpose This paper examines supply chain risk management (SCRM) from a holistic systems thinking perspective by considering the different typologies that have evolved as a result of earlier research. The purpose of this paper is to identify important strategic changes in the field and to outline future requirements and research opportunities in SCRM. Design/methodology/approach The systematic literature review (SLR) methodology employed by this research was used to evaluate and categorise a literature survey of quality articles published over a period of ten years (2000‐2010). Additionally, the findings from the SLR have been strengthened through cross validation against results obtained from an associated text mining activity. Findings The SLR methodology has provided a rich, unbiased and holistic picture of the advances in the field of SCRM. Consequently, important new research areas have been identified based on a multi‐perspective descriptive and thematic data analysis. In addition, the analysis, based on evolved typologies, indicates a growth of SCRM from a nascent to a fairly established activity over the past decade. Practical implications The systematic approach undertaken for the literature review will provide future researchers and managers with an insightful understanding of the scope of the SCRM field. Also, the literature review provides important clues on new research directions for SCRM through identification of gaps in current knowledge. Originality/value The holistic approach to SCRM was found to be an important missing link in earlier literature surveys. The outcome of the SLR reported in this paper has provided critical insights into the present and future scope of the SCRM field. The identified research insights, gaps and future directions will encourage new research techniques, with a view to managing the risks in the globalized supply chain environment.

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References

2008Cochrane Handbook for Systematic Reviews of Interventions 2003Towards a Methodology for Developing Evidence‐Informed Management Knowledge by Means of Systematic Review 1990How to make a decision: The analytic hierarchy process 2004Building the Resilient Supply Chain 2006Perspectives in supply chain risk management 2009Understanding the concept of supply chain resilience 2005Knowledge Management 2005Managing Disruption Risks in Supply Chains

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2019Managing climate change risks in global supply chains: a review and research agenda 2017Supply chain disruption propagation: a systemic risk and normal accident theory perspective 2017Evaluation of sustainable supply chain risk management using an integrated fuzzy TOPSIS- CRITIC approach 2018Resilience in agri-food supply chains: a critical analysis of the literature and synthesis of a novel framework 2017Investigating the relationship between supply chain innovation, risk management capabilities and competitive advantage in global supply chains

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