Analysis and model development of supply chain risk variables in the Indian manufacturing context

Harish Babu, Prabhas Bhardwaj and Anil Kumar Agrawal

International Journal of Business Continuity and Risk Management, 2020, vol. 10, issue 4, 307-329

Abstract: Modern supply chains operate with a complex structure having multiple echelons, multiple partners at an echelon, which may be located at different places. In such an environment, risks and uncertainties create several problems for the supply chain managers. These risks can make the supply chain more vulnerable and may sometimes slowdown or completely shut down the supply chain. This makes the study of SCRM as a key concern for SC managers. In order to handle the risks properly, relevant risks to a supply chain and their interrelationships should be identified. In this paper, seven dominant risk variables of an electrical wire manufacturing industry are identified. Interpretive structural modelling (ISM) is applied to develop the interrelationship among these risk variables. Based on MICMAC analysis, the risks have been classified into different categories. This research finding can be useful for managers to understand the risk variables for building a robust supply chain.

Keywords: supply chain risk management; SCRM; risk management; supply chain risks; Indian manufacturing industry; risk types; risk variables; risk triggers; interpretive structural modelling; ISM; MICMAC analysis. (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=111771 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbcrm:v:10:y:2020:i:4:p:307-329

Access Statistics for this article

More articles in International Journal of Business Continuity and Risk Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().