Skip to main content

Supply Chain Risk Management, Conceptual Framework

  • Conference paper
  • First Online:
Design and Modeling of Mechanical Systems—III (CMSM 2017)

Part of the book series: Lecture Notes in Mechanical Engineering ((LNME))

Included in the following conference series:

Abstract

Nowadays, global speedy transformations have required the company to investigate on risk supply chain management. The goal of this investigation is to overcome their around insecure conditions. The objective of this paper is to present supply chain risk management area. In this context, we propose a conceptual framework of the supply chain risk management process. This process involves basically four sequential steps: identification of risk, analyzing of risk, evaluate of risk, and control and monitoring of risk. Further, we recap the different sets of risk and we present the frequent techniques that used to measure risk in the literature review of supply chain risk management. After that, we synthesize some works based on the approach of resolution. Finally, analyzes and potential areas for future research will be presented. This paper contributes to current risk management literature by providing an efficient gait to manage risk which makes company to mitigate the negative effect of risk.

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

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 259.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 329.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Asbjørnslett BE (2009) Assessing the vulnerability of supply chains. In: Zsidisin GA, Ritchie B (eds) Supply chain risk. Springer, pp 13–33

    Google Scholar 

  • Bogataj D, Bogataj M (2007) Measuring the supply chain risk and vulnerability in frequency space. Int J Prod Eco 108:291–301

    Google Scholar 

  • Chen J, Sohal A, Prajogo DI (2013) Supply chain operational risk mitigation: a collaborative approach. Int J Prod Res 51:2186–2199. https://doi.org/10.1080/00207543.2012.727490

    Article  Google Scholar 

  • Chopra S, Sodhi M (2004) Managing risk to avoid supply chain breakdown. MIT Sloan Manag Rev 46(1):53–62

    Google Scholar 

  • Choudhary D, Shankar R (2014) A goal programming model forjoint decision making of inventory lot-size, supplier selection and carrier selection. Comput Ind Eng 71:1–9

    Article  Google Scholar 

  • Christopher M, Peck H (2004) Building the resilient supply chain. Int J Logist Manag 15(2):1–13

    Article  Google Scholar 

  • Ellis SC, Henry RM, Shockley J (2010) Buyer perceptions of supply disruption risk: a behavioral view and empirical assessment. J Oper Manag 28(1):34–46

    Google Scholar 

  • Giannakis M, Papadopoulos T (2015) Supply chain sustainability: a risk management approach. Int J Prod Eco. https://doi.org/10.1016/j.ijpe.2015.06.032

    Google Scholar 

  • Goh M, Lim JY, Meng F (2007) A stochastic model for risk management in global supply chain networks. Eur J Op Res 182(1):64–173

    Article  MathSciNet  MATH  Google Scholar 

  • Hallikas J, Karvonen I, Pulkkinen U, Virolainen VM, Tuominen M (2004) Risk management processes in supplier networks. Int J Prod Eco 90(1):47–58

    Article  Google Scholar 

  • Hantsch M, Huchzermeier A (2013) Identifying, analyzing, and assessing risk in the strategic planning of a production network: the practical view of a German car manufacturer. J Manage Control 24:125–158

    Article  Google Scholar 

  • He Y (2017) Supply risk sharing in a closed-loop supply chain. Int J Prod Eco 183:39–52

    Article  Google Scholar 

  • Ho W, Zheng T, Yildiz H, Talluri S (2015) Supply chain risk management: a literature review. Int J Prod Res 53(16):5031–5069. https://doi.org/10.1080/00207543.2015.1030467

    Article  Google Scholar 

  • Jüttner U, Peck H, Christopher M (2003) Supply chain risk management: outlining an agenda for future research. Int J Logist Res App 6:197–210

    Article  Google Scholar 

  • Kar K (2010) Risk in supply chain management. https://business-fundas.com/2010/riskin-supply-chainmanagement/

  • Kleindorfer PR, Saad GH (2005) Managing disruption risks in supply chains. Prod Op Manage 14(1):53–68

    Article  Google Scholar 

  • Mavia Rk, Gohb M, Mavi NK (2016) Supplier selection with Shannon entropy and fuzzy TOPSIS in the context of supply chain risk management. Procedia Social Behav Sci 235:216–225

    Google Scholar 

  • Pettit TJ, Croxton KL, Fiksel J (2013) Ensuring supply chain resilience: development and implementation of an assessment tool. J Bus Logist 34:46–76

    Google Scholar 

  • Punniyamoorthy M, Thamaraiselvan N, Manikandan L (2013) Assessment of supply chain risk: scale development and validation. Benchmarking: An Int J 20(1):79–105

    Google Scholar 

  • Rao C, Xiao X, Goh M, Zheng J, Wen J (2016) Compound mechanism design of supplier selection based on multi-attribute auction and risk management of supply chain. Comput Ind Eng. https://doi.org/10.1016/j.cie.2016.12.042

    Google Scholar 

  • Samvedi A, Jain V, Chan FTS (2013) Quantifying risks in a supply chain through integration of fuzzy AHP and fuzzy Topsis. Int J Prod Res 51:2433–2442

    Article  Google Scholar 

  • Sawik T (2011) Selection of supply portfolio under disruption risks. Omega 39:194–208

    Article  Google Scholar 

  • Sawik T (2013) Selection of resilient supply portfolio under disruption risks. Omega 41:259–269

    Article  Google Scholar 

  • Sawik T (2014) Optimization of cost and service level in the presence of supply chain disruption risks: Singlevs multiple sourcing. Comput Op Res 51:11–20

    Article  MATH  Google Scholar 

  • Sinha PR, Whitman LE, Malzahn D (2004) Methodology to mitigate supplier risk in an aerospace supply chain. Supply Chain Manag Int J 9(2):154–168

    Article  Google Scholar 

  • Sodhi MS, Son BG, Tang CS (2012) Researchers’ perspectives on supply chain risk management. Prod Op Manag 21(1):1–13

    Article  Google Scholar 

  • Song W, Ming X, Liu H-C (2017) Identifying critical risk factors of sustainable supply chain management: a rough strength-relation analysis method. J Clean Prod. https://doi.org/10.1016/j.jclepro.2016.12.145

    Google Scholar 

  • Tang CS (2006) Perspectives in supply chain risk management. Int J Prod Econ 103(2):451–488

    Google Scholar 

  • Tang CS, Tomlin B (2008) The power of flexibility form mitigating supply chain risks. J Prod Eco 116(1):12–27

    Article  Google Scholar 

  • Wagner SM, Bode C (2006) An empirical investigation into supply chain vulnerability. J Purchasing Supply Manag 12(6):301–312

    Google Scholar 

  • Wang X, Chan HK, Yee R, Rainey, D (2012) A two-stage fuzzy-AHP model for risk assessment of implementing green initiatives in the fashion supply chain. Int J Prod Eco 135:595–606

    Google Scholar 

  • Waters D (2007) Supply chain risk management: vulnerability and resilience in logistics. Kogan Page limited, London

    Google Scholar 

  • Yang YC (2011) Risk management of Taiwan’s maritime supply chain security. Safety Sci 49:382–393

    Google Scholar 

  • Zsidisin GA (2003) A Grounded definition of supply risk. J Purchas Supply Manag 9:217–224

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Faiza Hamdi .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer International Publishing AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Hamdi, F., Masmoudi, F., Dupont, L. (2018). Supply Chain Risk Management, Conceptual Framework. In: Haddar, M., Chaari, F., Benamara, A., Chouchane, M., Karra, C., Aifaoui, N. (eds) Design and Modeling of Mechanical Systems—III. CMSM 2017. Lecture Notes in Mechanical Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-66697-6_72

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-66697-6_72

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-66696-9

  • Online ISBN: 978-3-319-66697-6

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics