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Risky business: expanding the discussion on risk and the extended enterprise

Article Information:

Title:

Risky business: expanding the discussion on risk and the extended enterprise

Author(s):

Robert E. Spekman, Edward W. Davis

Journal:

International Journal of Physical Distribution & Logistics Management

Year:

2004

Volume:

34

Issue:

5

Page:

414 - 433


ISSN:

0960-0035


DOI:

10.1108/09600030410545454

Publisher:

Emerald Group Publishing Limited

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Abstract:

The notion of risk is receiving greater attention in research on supply chain management by academics and practitioners alike. As firms collaborate and combine forces to compete as extended enterprises against other integrated supply chains, risk is linked to the interdependence among supply chain partners. Academic interests appear to focus mostly on the risks associated with logistics and its impact on the timely delivery of goods. Beyond these concerns, the events of 9/11 have heightened consideration for supply chain risks related to possible security breaches and terrorism. This paper highlights six areas of supply chain-related risks. It discusses these risks at length, showing how they are endemic to the extended enterprise, and attempts to develop a typology for categorizing them. It also addresses the implications for supply chain managers as they balance a concern for risk with their efforts to search for, select, nurture, and manage their set of supply chain partners.

Keywords:

Risk management, Supply chain management


Article Type:

Research Paper


Article URL:

http://www.emeraldinsight.com/10.1108/09600030410545454

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