Original scientific paper
https://doi.org/10.1080/1331677X.2021.2016462
Do risk events increase supply chain uncertainty? A case study
Rubén Medina-Serrano
Reyes González
orcid.org/0000-0002-9758-7957
Jose Gasco
orcid.org/0000-0003-2461-7702
Juan Llopis
orcid.org/0000-0001-7685-9901
Abstract
Supply chain uncertainty has become an important area of
research, and it is crucial for many firms, and especially so for global firms. Decision makers find it difficult to make decisions due
to lack of transparency in the supply chain and the impact of possible risk events. This paper aims to approach this topic by developing a conceptual model to assist logistics and supply chain
managers to improve supply chain effectiveness by analysing risk
events. To this end we use a case study based on a set of interviews with agents of a German firm and some of its suppliers
from India, China and Europe, which generates insights uncaptured in previous research in the area. The main findings answer
questions such as: 1. How to build an agile supply chain strategy
with rapid planning and integrated execution in different stages?;
2. How to identify and avoid risk events as they increase the supply chain uncertainty and are multiplied when interrelated risk
events occur simultaneously; 3. Can supply chain uncertainty be
reduced by determining the degree of flexibility required to mitigate risk effects, reducing supply chain uncertainty and increasing
the firm’s dynamic capabilities?.
Keywords
supply chain uncertainty; decision making; supply chain disruption; risk events
Hrčak ID:
302765
URI
Publication date:
31.3.2023.
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