Risk Management in Global Supply Chains

Authors

  • Dr Zhelyzko Valchev Department of International Economic Relations and Business, Faculty of International Economics and Politics, UNWE Author

Keywords:

Risk management, Global supply chains, Risk
F23, M16

Abstract

Global supply chain risk management is becoming increasingly relevant today, due to the growing roles of increasingly diversified forms of international business, rising global uncertainty and increasing consumer demands and expectations. This study, which focuses on the main aspects of the analyzed process, aims to review existing theories and, based on that, to present a global supply chain risk management solution. For this purpose, the views of a number of international organizations and reputed authors on the topics of sources and risk management tools relevant to the subject of the study are presented. On their basis is introduced an author’s classification of risk types and a concept for risk management in global supply chains.The analysis of existing literature and the development of author's view are focused on the aspects of international business that affect the analyzed process, thus limiting the topics associated with financial management and classical management theories. Nevertheless, existing literature is extremely rich in a variety of views and theories, and this is the major challenge for creating a complete concept of global supply chain risk management.

References

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Ila and John T. and Manuj and Mentzer and first and additional (2008). GLOBAL SUPPLY CHAIN RISK MANAGEMENT. Journal of Business Logistics, 29(1), 133-156. DOI: https://doi.org/10.1002/j.2158-1592.2008.tb00072.x

MMS Sodhi, CS Tang (2012). Managing supply chain risk. New York: Springer. URL: https://link.springer.com/book/10.1007/978-1-4614-3238-8

Ila and John T. and Manuj and Mentzer and first and additional (2008). GLOBAL SUPPLY CHAIN RISK MANAGEMENT. Journal of Business Logistics, 29(1), 133--156. DOI: https://doi.org/10.1002/j.2158-1592.2008.tb00072.x

C Autry, N Sanders - Supply Chain Risk: A Handbook of Assessment …, 2009 (2009). Supply chain security: a dynamic capabilities approach. Supply Chain Risk. A Handbook of Assessment, Management, and Performance (Ed. NA), pp. 307--330. URL: https://link.springer.com/chapter/10.1007/978-0-387-79934-6_19

MMS Sodhi, CS Tang (2012). Managing supply chain risk. New York: Springer. URL: https://link.springer.com/book/10.1007/978-1-4614-3238-8

Published

2020-05-23

Issue

Section

Articles

How to Cite

Valchev, Z. (2020). Risk Management in Global Supply Chains. Research Papers, 1, 309-342. https://bjiep.e-dnrs.org/index.php/rp/article/view/5408