Supply Chain Risk Management: Literature Review

Amulya Gurtu and Jestin Johny
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Amulya Gurtu: Austin E. Cofrin School of Business, University of Wisconsin-Green Bay, Green Bay, WI 54311, USA
Jestin Johny: Department of Humanities and Social Science, BITS Pilani, K. K. Birla Goa Campus, Goa 403726, India

Risks, 2021, vol. 9, issue 1, 1-16

Abstract: 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.

Keywords: risk management; outsourcing risk; supply risk; risk sharing; process management; supply chain disruptions (search for similar items in EconPapers)
JEL-codes: C G0 G1 G2 G3 K2 M2 M4 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jrisks:v:9:y:2021:i:1:p:16-:d:475712

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