The strategies of supply chain risk management – a synthesis and classification

ABSTRACT

This paper conducts an in-depth systematic literature review of 86 peer-reviewed academic journal articles on supply chain risk management (SCRM) strategies from 2000 to mid-2015. The findings indicate a variety of dispersed supply chain risk (SCR) mitigating strategies and suggest a more homogeneous use of terminology. Moreover, the analysis also reveals insufficient evidence for the effect of SCRM on performance. The current study groups and synthesises the various SCRM strategies into proactive and reactive approaches for the ante and the post disruption state and classifies them according to the different supply chain types. Altogether the findings provide essential practical and theoretical contributions to strategic responses to adverse incidents by creating a unique conceptual framework of SCRM strategies and providing direction towards promising areas of research.

KEYWORDS:

• Supply chain risk management
• supply chain risk(s)
• supply chain performance
• conceptual framework
• supply chain strategies
• conceptual framework

Disclosure statement

No potential conflict of interest was reported by the author.

Notes

¹VHB, the Association of University Professors for Business Research, represents the umbrella organisation of university professors in german-speaking countries in the field of Business Administration. The VHB ranking is based on an assessment of economically relevant journals by the members of the VHB (Adler and Harzing 2009). The journals are ranked from A till E; the letter A signifying the best category and E the worst one.