Benchmarking supply chains on risk dimensions

Mohd Nishat Faisal

International Journal of Services and Operations Management, 2009, vol. 5, issue 3, 402-427

Abstract: The purpose of this paper is to investigate risk in the context of supply chains and benchmark supply chains on risk dimensions. The graph-theoretic approach is applied to model the dimensions of risk susceptibility and risk mitigation in a supply chain. The variables that are related to risk susceptibility and risk mitigation were identified through an extensive literature review. Considering the individual impacts and interdependencies among these variables, risk susceptibility and risk mitigation indices were proposed. Finally, the case supply chains were benchmarked on the basis of the two indices and a risk matrix is developed. The two indices that are proposed in the research can be used by supply chain managers to get fair ideas about the potential risks that could impact their supply chain and, simultaneously, the preparedness of the supply chain to counter the risks. The novelty of the approach lies in transforming the qualitative dimensions of risk into quantitative terms.

Keywords: supply chain risk; graph theory; benchmarking; supply chain management; SCM; risk assessment; risk mitigation. (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=24153 (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:ijsoma:v:5:y:2009:i:3:p:402-427

Access Statistics for this article

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