SUPPLY CHAIN RISKS: LITERATURE REVIEW AND A NEW CATEGORIZATION

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Beykent Üniversitesi Fen ve Mühendislik Bilimleri Dergisi
Volume:10 Issue:1
SUPPLY CHAIN RISKS: LITERATURE REVIEW AND A NEW CATEGORIZATION

SUPPLY CHAIN RISKS: LITERATURE REVIEW AND A NEW CATEGORIZATION

Authors : Merve ER KARA, Seniye Ümit FIRAT

Pages : 0-0

View : 52 | Download : 18

Publication Date : 2017-06-30

Article Type : Other Papers

Abstract :Identification of risks is the first step to build a resilient and sustainable supply chain and develop proactive risk management strategies. Supply chains contain numerous risks with different forms, probabilities and impacts. Supply chain risks have a multi-dimensional nature and can result from a wide variety of sources including demand and supply variability, poor performing suppliers, price fluctuations, dynamic consumer markets, global economic uncertainty, and even unexpected events such as work accidents, cyber-attacks and natural disasters. Supply chain risks may cause business interruptions, financial losses, a negative corporate image and, damages to human health and safety. The purpose of this paper is to present a literature review on the risks and their sources in supply chains and develop a new categorization for supply chain risks. The proposed categorization provides a starting point for risk management and may assist practitioners in identifying risks.
Keywords : Supply Chain Risk, Risk Categorization, Disruption

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