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

doi:10.1108/09600030410545454

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International Journal of Physical Distribution & Logistics Management

ISSN: 0960-0035

Online from: 1971

Subject Area: Operations and Logistics Management

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

Document Information:
Title:	Risky business: expanding the discussion on risk and the extended enterprise
Author(s):	Robert E. Spekman, (Darden Graduate School of Business, University of Virginia, Charlottesville, Virginia, USA), Edward W. Davis, (Darden Graduate School of Business, University of Virginia, Charlottesville, Virginia, USA)
Citation:	Robert E. Spekman, Edward W. Davis, (2004) "Risky business: expanding the discussion on risk and the extended enterprise", International Journal of Physical Distribution & Logistics Management, Vol. 34 Iss: 5, pp.414 - 433
Keywords:	Risk management, Supply chain management
Article type:	Research Paper
DOI:	10.1108/09600030410545454 (Permanent URL)
Publisher:	Emerald Group Publishing Limited
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.