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Global supply chain risk management: a socio-technical perspective

Author

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  • Biao Yang
  • Kiran Jude Fernandes

Abstract

With the globalisation of markets and operations, companies are faced with increased risks in their supply chains. While the literature offers a large set of practices, guidelines and concepts for mitigating supply chain risks, implementing such strategies as adding buffers and building flexibility is a costly endeavour. Also, effective supply chain risk management is not only about adopting a wide range of best practices, but also finding the right mix of practices which fits the available resources. This paper attempts to examine the appropriateness of global supply chain risk mitigation strategies from a socio-technical perspective. After a literature review, it first draws insights from normal accident theory (NAT) developed in a socio-technical system and then relates it to global supply chain disruptions. The complexity implications of a global supply chain are further discussed. This is followed by the managerial and research implications derived from this research. The paper concludes with some recommendations for future research.

Suggested Citation

  • Biao Yang & Kiran Jude Fernandes, 2010. "Global supply chain risk management: a socio-technical perspective," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 3(2), pages 240-249.
    • Handle: RePEc:ids:ijbenv:v:3:y:2010:i:2:p:240-249
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    Citations

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    Cited by:

    1. Xiong, Yixuan & Du, Gang & Jiao, Roger J., 2018. "Modular product platforming with supply chain postponement decisions by leader-follower interactive optimization," International Journal of Production Economics, Elsevier, vol. 205(C), pages 272-286.
    2. Shou, Yongyi & Zhao, Xinyu & Dai, Jing & Xu, Dong, 2021. "Matching traceability and supply chain coordination: Achieving operational innovation for superior performance," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 145(C).
    3. Muhammad Junaid & Ye Xue & Muzzammil Wasim Syed & Ji Zu Li & Muhammad Ziaullah, 2019. "A Neutrosophic AHP and TOPSIS Framework for Supply Chain Risk Assessment in Automotive Industry of Pakistan," Sustainability, MDPI, vol. 12(1), pages 1-26, December.
    4. R. Rajesh, 2022. "A novel advanced grey incidence analysis for investigating the level of resilience in supply chains," Annals of Operations Research, Springer, vol. 308(1), pages 441-490, January.
    5. Chung Yeh & Yu-Tang Lee, 2016. "Designing Pre-Reaction Production Mechanism for Traditional and Postponed Dyeing in Apparel Supply Chain," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 1-20, April.

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