Supply chain risk and its impact on performance: A structured literature review

Purpose: In the supply chain risk management literature, many reviews have been conducted to provide a full understanding of various aspects such as role of simulation and optimization methods in risk management, classification of risks, classification of risk mitigation strategies, and supply chain...

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Detalles Bibliográficos
Autores: Pham, Thanh Hai, Testorelli, Raffaele, Verbano, Chiara
Tipo de recurso: artículo
Fecha de publicación:2023
País:España
Institución:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2117/395115
Acceso en línea:https://hdl.handle.net/2117/395115
https://dx.doi.org/10.3926/jiem.4719
Access Level:acceso abierto
Palabra clave:Business logistics
Industrial management
Risk management
Industrial efficiency
Supply chain risk
Supply chain risk management
Supply chain performance
Literature review
Logística (Indústria)
Empreses -- Direcció i administració
Gestió del risc
Eficiència industrial
Àrees temàtiques de la UPC::Economia i organització d'empreses::Direcció d'operacions
Descripción
Sumario:Purpose: In the supply chain risk management literature, many reviews have been conducted to provide a full understanding of various aspects such as role of simulation and optimization methods in risk management, classification of risks, classification of risk mitigation strategies, and supply chain risk definitions. However, a structured review of risk impact on performance in supply chains is still lacking. Such a review is useful since the literature implies that maintaining and improving performance in risk environments are critically important to the business survival of firms in supply chains. Design/methodology/approach: This review synthesizes and analyses 48 papers published in journals from 2006 to 2020 based on the following criteria: risk type, impact mechanisms of risk (i.e., direct and indirect), performance, research method, research setting, and risk mitigation strategy. Findings: The findings conclude that the impact of risk on performance is complicated and influenced by many factors namely antecedents, mediators, and moderators. Originality/value: This review contributes to the theoretical development of SCRM research through the analysis of SCR impact mechanisms, and indicate gaps of knowledge and future research opportunities. Moreover, it helps managers to devise appropriate risk mitigation strategies thanks to a full understanding of risk impact mechanisms