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A review on supply chain risk management: Definition, theory, and research agenda

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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A review on supply chain risk management : Definition, theory, and research agenda. / Fan, Yiyi; Stevenson, Mark.

In: International Journal of Physical Distribution and Logistics Management, Vol. 48, No. 3, 03.12.2020, p. 205-230.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Harvard

Fan, Y & Stevenson, M 2020, 'A review on supply chain risk management: Definition, theory, and research agenda', International Journal of Physical Distribution and Logistics Management, vol. 48, no. 3, pp. 205-230. https://doi.org/10.1108/IJPDLM-01-2017-0043

APA

Fan, Y., & Stevenson, M. (2020). A review on supply chain risk management: Definition, theory, and research agenda. International Journal of Physical Distribution and Logistics Management, 48(3), 205-230. https://doi.org/10.1108/IJPDLM-01-2017-0043

Vancouver

Fan Y, Stevenson M. A review on supply chain risk management: Definition, theory, and research agenda. International Journal of Physical Distribution and Logistics Management. 2020 Dec 3;48(3):205-230. https://doi.org/10.1108/IJPDLM-01-2017-0043

Author

Fan, Yiyi ; Stevenson, Mark. / A review on supply chain risk management : Definition, theory, and research agenda. In: International Journal of Physical Distribution and Logistics Management. 2020 ; Vol. 48, No. 3. pp. 205-230.

Bibtex

@article{101b1fd754bb45f6b318f59032975317,
title = "A review on supply chain risk management: Definition, theory, and research agenda",
abstract = "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.",
keywords = "Supply chain risk, Theory, Risk management, Supply chain risk management (SCRM), Systematic literature review (SLR)",
author = "Yiyi Fan and Mark Stevenson",
note = "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.",
year = "2020",
month = dec,
day = "3",
doi = "10.1108/IJPDLM-01-2017-0043",
language = "English",
volume = "48",
pages = "205--230",
journal = "International Journal of Physical Distribution and Logistics Management",
issn = "0960-0035",
publisher = "Emerald Group Publishing Ltd.",
number = "3",

}

RIS

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 -