PROBLEM STATEMENT
There were many researches about supply chain management, few of them focused on logistic, procurement, distribution etc. So, it is necessary to do deep research on supply chain risk management(SCRM) and their impact on supply chain performance. The scope and opportunity of the predictable application of risk management are too acceptable to effectively respond to the complication and extent of the modern supply chain organization. Research indicates that firms which cannot effectively anticipate and mitigate supply chain risk tend to suffer in terms of performance (Mitchell 1995; Chopra and Sodhi 2004; Sheffi and Rice 2005).
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The complexities, challenges and uncertainties linked with modern supply chain management require …show more content…
SCRM deals with risk as a situation and involves contact to two fundamental elements: an incident and the uncertainty regarding the imaginable implication (Bandaly, Satir, and Shanker 2014; Vilko, Ritala, and Edelmann 2014). The new concepts of modern supply chain such as globalization, decentralization, outsourcing, competitive strategies and just-in-time not only increase the efficiency of supply chain but also expose various points of supply chains vulnerable to disruptions (Chopra and Sodhi, 2014). The risk management process can be broken down into risk sources, risk identifiers, risk mitigation and risk performance (Ho et al., 2015). The so-called ‘bullwhip effect’ is the uncertainty caused by information flowing upstream and downstream in the supply chain. Forecasts of demand become less reliable as they move up the supply chain from users or retailers to wholesalers, to manufacturers, to suppliers (Lysons & Farrington 2006: …show more content…
Wowak et al.’s (2013) recent meta-analysis further confirms the relevance and importance of exploiting SCM-related knowledge to achieve superior performance. Therefore, we also examine the mediating effects of supply chain integration (SCI), Collaboration on the relationship between resilience and SCRM. The proposed conceptual model and study hypotheses are empirically tested with data provided by key respondent supply chain managers, production managers or other senior managers from manufacturing
There were many researches about supply chain management, few of them focused on logistic, procurement, distribution etc. So, it is necessary to do deep research on supply chain risk management(SCRM) and their impact on supply chain performance. The scope and opportunity of the predictable application of risk management are too acceptable to effectively respond to the complication and extent of the modern supply chain organization. Research indicates that firms which cannot effectively anticipate and mitigate supply chain risk tend to suffer in terms of performance (Mitchell 1995; Chopra and Sodhi 2004; Sheffi and Rice 2005).
.
The complexities, challenges and uncertainties linked with modern supply chain management require …show more content…
SCRM deals with risk as a situation and involves contact to two fundamental elements: an incident and the uncertainty regarding the imaginable implication (Bandaly, Satir, and Shanker 2014; Vilko, Ritala, and Edelmann 2014). The new concepts of modern supply chain such as globalization, decentralization, outsourcing, competitive strategies and just-in-time not only increase the efficiency of supply chain but also expose various points of supply chains vulnerable to disruptions (Chopra and Sodhi, 2014). The risk management process can be broken down into risk sources, risk identifiers, risk mitigation and risk performance (Ho et al., 2015). The so-called ‘bullwhip effect’ is the uncertainty caused by information flowing upstream and downstream in the supply chain. Forecasts of demand become less reliable as they move up the supply chain from users or retailers to wholesalers, to manufacturers, to suppliers (Lysons & Farrington 2006: …show more content…
Wowak et al.’s (2013) recent meta-analysis further confirms the relevance and importance of exploiting SCM-related knowledge to achieve superior performance. Therefore, we also examine the mediating effects of supply chain integration (SCI), Collaboration on the relationship between resilience and SCRM. The proposed conceptual model and study hypotheses are empirically tested with data provided by key respondent supply chain managers, production managers or other senior managers from manufacturing