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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - A review on supply chain risk management
T2 - Definition, theory, and research agenda
AU - Fan, Yiyi
AU - Stevenson, Mark
N1 - This article is (c) Emerald Group Publishing and permission has been granted for this version to appear here. Emerald does not grant permission for this article to be further copied/distributed or hosted elsewhere without the express permission from Emerald Group Publishing Limited.
PY - 2020/12/3
Y1 - 2020/12/3
N2 - PurposeThe purpose of this paper is to review the extant literature on supply chain risk management (SCRM, including risk identification, assessment, treatment, and monitoring), developing a comprehensive definition and conceptual framework; to evaluate prior theory use; and to identify future research directions.Design/methodology/approachA systematic literature review of 354 articles (published 2000-2016) based on descriptive, thematic, and content analysis.FindingsThere has been a considerable focus on identifying risk types and proposing risk mitigation strategies. Research has emphasised organisational responses to supply chain risks and made only limited use of theory. Ten key future research directions are identified.Research limitations/implicationsA broad, contemporary understanding of SCRM is provided; and a new, comprehensive definition is presented covering the process, pathway, and objectives of SCRM, leading to a conceptual framework. The research agenda guides future work towards maturation of the discipline.Practical implicationsManagers are encouraged to adopt a holistic approach to SCRM. Guidance is provided on how to select appropriate risk treatment actions according to the probability and impact of a risk.Originality/valueThe first review to consider theory use in SCRM research and to use four SCRM stages to structure the review.
AB - PurposeThe purpose of this paper is to review the extant literature on supply chain risk management (SCRM, including risk identification, assessment, treatment, and monitoring), developing a comprehensive definition and conceptual framework; to evaluate prior theory use; and to identify future research directions.Design/methodology/approachA systematic literature review of 354 articles (published 2000-2016) based on descriptive, thematic, and content analysis.FindingsThere has been a considerable focus on identifying risk types and proposing risk mitigation strategies. Research has emphasised organisational responses to supply chain risks and made only limited use of theory. Ten key future research directions are identified.Research limitations/implicationsA broad, contemporary understanding of SCRM is provided; and a new, comprehensive definition is presented covering the process, pathway, and objectives of SCRM, leading to a conceptual framework. The research agenda guides future work towards maturation of the discipline.Practical implicationsManagers are encouraged to adopt a holistic approach to SCRM. Guidance is provided on how to select appropriate risk treatment actions according to the probability and impact of a risk.Originality/valueThe first review to consider theory use in SCRM research and to use four SCRM stages to structure the review.
KW - Supply chain risk
KW - Theory
KW - Risk management
KW - Supply chain risk management (SCRM)
KW - Systematic literature review (SLR)
U2 - 10.1108/IJPDLM-01-2017-0043
DO - 10.1108/IJPDLM-01-2017-0043
M3 - Journal article
VL - 48
SP - 205
EP - 230
JO - International Journal of Physical Distribution and Logistics Management
JF - International Journal of Physical Distribution and Logistics Management
SN - 0960-0035
IS - 3
ER -