IDEAS home Printed from https://ideas.repec.org/a/plo/pone00/0272157.html
   My bibliography  Save this article

Risk factors in the assessment of suppliers

Author

Listed:
  • Maciej Urbaniak
  • Dominik Zimon
  • Peter Madzik
  • Eva Šírová

Abstract

The need to evaluate suppliers from the perspective of risk analysis by purchasing companies is increasing. Such evaluation of suppliers is conducted primarily by production companies with implemented quality (QMS), environmental (EMS), health and safety management systems (H&SMS), as well as Toyota Production System (TPS). This article aims to examine latent factors for suppliers’ evaluation and to describe the intensity of these factors by the implemented management system. The article provides the results of empirical research conducted with the computer-assisted telephone interviewing (CATI) technique in 151 medium and large manufacturing companies operating in Poland. The risk was classified into three main groups to deepen the research process: management system risks, environment risks, and process risks. This allowed for the formulation of some original conclusions. The results showed that companies implementing standardized management systems take the issue of risk analysis and management more seriously than organizations that do not implement such systems. The research also highlighted the differences in the perception of risk caused by implementing various management systems. The study also found that the industry and business profile specificity also affect the risk assessment in cooperation with suppliers.

Suggested Citation

  • Maciej Urbaniak & Dominik Zimon & Peter Madzik & Eva Šírová, 2022. "Risk factors in the assessment of suppliers," PLOS ONE, Public Library of Science, vol. 17(8), pages 1-21, August.
    • Handle: RePEc:plo:pone00:0272157
    DOI: 10.1371/journal.pone.0272157
    as

    Download full text from publisher

    File URL: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0272157
    Download Restriction: no
    File URL: https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0272157&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pone.0272157?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Chi, Chia-Fen & Sigmund, Davin & Astardi, Martin Octavianus, 2020. "Classification Scheme for Root Cause and Failure Modes and Effects Analysis (FMEA) of Passenger Vehicle Recalls," Reliability Engineering and System Safety, Elsevier, vol. 200(C).
    2. Mauro Falasca & Scott Dellana & William J. Rowe & John F. Kros, 2021. "The impact of counterfeit risk management on healthcare supply chain performance: an empirical analysis," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 71(7), pages 3078-3099, April.
    3. Zhou, Rui & Bhuiyan, Tanveer Hossain & Medal, Hugh R. & Sherwin, Michael D. & Yang, Dong, 2022. "A stochastic programming model with endogenous uncertainty for selecting supplier development programs to proactively mitigate supplier risk," Omega, Elsevier, vol. 107(C).
    4. Antony Paulraj & Injazz J. Chen & Constantin Blome, 2017. "Motives and Performance Outcomes of Sustainable Supply Chain Management Practices: A Multi-theoretical Perspective," Journal of Business Ethics, Springer, vol. 145(2), pages 239-258, October.
    5. Lingxuan Liu & Min Zhang & Linda C. Hendry & Maoliang Bu & Shi Wang, 2018. "Supplier Development Practices for Sustainability: A Multi‐Stakeholder Perspective," Business Strategy and the Environment, Wiley Blackwell, vol. 27(1), pages 100-116, January.
    6. Pernot, Eli & Roodhooft, Filip, 2014. "The impact of inter-organizational management control systems on performance: A retrospective case study of an automotive supplier relationship," International Journal of Production Economics, Elsevier, vol. 158(C), pages 156-170.
    7. Kaur, Harpreet & Prakash Singh, Surya, 2021. "Multi-stage hybrid model for supplier selection and order allocation considering disruption risks and disruptive technologies," International Journal of Production Economics, Elsevier, vol. 231(C).
    8. Crovini, Chiara & Ossola, Giovanni & Britzelmaier, Bernd, 2021. "How to reconsider risk management in SMEs? An Advanced, Reasoned and Organised Literature Review," European Management Journal, Elsevier, vol. 39(1), pages 118-134.
    9. Singh, Nitya P. & Hong, Paul C., 2020. "Impact of strategic and operational risk management practices on firm performance: An empirical investigation," European Management Journal, Elsevier, vol. 38(5), pages 723-735.
    10. Brito, Luiz Artur Ledur & Brito, Eliane Pereira Zamith & Hashiba, Luciana Harumi, 2014. "What type of cooperation with suppliers and customers leads to superior performance?," Journal of Business Research, Elsevier, vol. 67(5), pages 952-959.
    11. Fan, Di & Xiao, Chengyong & Zhang, Xiao & Guo, Yujuan, 2021. "Gaining customer satisfaction through sustainable supplier development: The role of firm reputation and marketing communication," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 154(C).
    12. Padgett, Daniel & Hopkins, Christopher D. & Williams, Zac, 2020. "Buyer dependence in B2B relationships: The role of supplier investments, commitment form, and trust," Journal of Business Research, Elsevier, vol. 119(C), pages 13-24.
    13. Aven, Terje, 2011. "On the new ISO guide on risk management terminology," Reliability Engineering and System Safety, Elsevier, vol. 96(7), pages 719-726.
    14. Saghiri, Soroosh & Wilding, Richard, 2021. "On the effectiveness of supplier development programs: The role of supply-side moderators," Technovation, Elsevier, vol. 103(C).
    15. Fu, Xiaoyong & Zhu, Qinghua & Sarkis, Joseph, 2012. "Evaluating green supplier development programs at a telecommunications systems provider," International Journal of Production Economics, Elsevier, vol. 140(1), pages 357-367.
    16. Manders, Basak & de Vries, Henk J. & Blind, Knut, 2016. "ISO 9001 and product innovation: A literature review and research framework," Technovation, Elsevier, vol. 48, pages 41-55.
    17. Ho, William & Xu, Xiaowei & Dey, Prasanta K., 2010. "Multi-criteria decision making approaches for supplier evaluation and selection: A literature review," European Journal of Operational Research, Elsevier, vol. 202(1), pages 16-24, April.
    18. Gligor, Dr David, 2020. "Birds of a feather: The impact of race on the supplier selection and evaluation process," International Journal of Production Economics, Elsevier, vol. 230(C).
    19. Long He & Ying Rong & Zuo‐Jun Max Shen, 2020. "Product Sourcing and Distribution Strategies under Supply Disruption and Recall Risks," Production and Operations Management, Production and Operations Management Society, vol. 29(1), pages 9-23, January.
    20. Sheridan Titman, 2021. "Risk Transmission Across Supply Chains," Production and Operations Management, Production and Operations Management Society, vol. 30(12), pages 4579-4587, December.
    21. Lohmer, Jacob & Bugert, Niels & Lasch, Rainer, 2020. "Analysis of resilience strategies and ripple effect in blockchain-coordinated supply chains: An agent-based simulation study," International Journal of Production Economics, Elsevier, vol. 228(C).
    22. Merve Er Kara & Seniye Ümit Oktay Fırat, 2018. "Supplier Risk Assessment Based on Best-Worst Method and K-Means Clustering: A Case Study," Sustainability, MDPI, vol. 10(4), pages 1-25, April.
    23. Nikoofal, Mohammad E. & Gümüş, Mehmet, 2020. "Value of audit for supply chains with hidden action and information," European Journal of Operational Research, Elsevier, vol. 285(3), pages 902-915.
    24. PrasannaVenkatesan, S. & Goh, M., 2016. "Multi-objective supplier selection and order allocation under disruption risk," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 95(C), pages 124-142.
    25. Yoo, Seung Ho, 2014. "Product quality and return policy in a supply chain under risk aversion of a supplier," International Journal of Production Economics, Elsevier, vol. 154(C), pages 146-155.
    26. Su, Hung-Chung & Kao, Ta-Wei (Daniel) & Linderman, Kevin, 2020. "Where in the supply chain network does ISO 9001 improve firm productivity?," European Journal of Operational Research, Elsevier, vol. 283(2), pages 530-540.
    27. Afraz, Muhammad Fawad & Bhatti, Sabeen Hussain & Ferraris, Alberto & Couturier, Jerome, 2021. "The impact of supply chain innovation on competitive advantage in the construction industry: Evidence from a moderated multi-mediation model," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Maciej Urbaniak & Piotr Rogala & Piotr Kafel, 2023. "Expectations of manufacturing companies regarding future priorities of improvement actions taken by their suppliers," Operations Management Research, Springer, vol. 16(1), pages 296-310, March.
    2. Chunguang Bai & Kannan Govindan & Dileep Dhavale, 2024. "Optimal selection and investment-allocation decisions for sustainable supplier development practices," Annals of Operations Research, Springer, vol. 335(1), pages 1-31, April.
    3. Urbaniak Maciej, 2021. "Role of supplier evaluation criteria in risk mitigation related to purchasing process," Engineering Management in Production and Services, Sciendo, vol. 13(2), pages 96-106, June.
    4. Resende, Carlos Henrique Lopes & Lima-Junior, Francisco Rodrigues & Carpinetti, Luiz Cesar Ribeiro, 2023. "Decision-making models for formulating and evaluating supplier development programs: A state-of-the-art review and research paths," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 180(C).
    5. Abid Haleem & Shahbaz Khan & Sunil Luthra & Harshit Varshney & Musaib Alam & Mohd Imran Khan, 2021. "Supplier evaluation in the context of circular economy: A forward step for resilient business and environment concern," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 2119-2146, May.
    6. Yuangao Chen & Shuo Wang & Jianrong Yao & Yixiao Li & Shuiqing Yang, 2018. "Socially responsible supplier selection and sustainable supply chain development: A combined approach of total interpretive structural modeling and fuzzy analytic network process," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1708-1719, December.
    7. Efthymia Iliopoulou & Aspasia Vlachvei & Eirini Koronaki, 2024. "Environmental Drivers, Environmental Practices, and Business Performance: A Systematic Literature Review and Future Research Directions," Sustainability, MDPI, vol. 16(11), pages 1-27, June.
    8. Patanjal Kumar & Sachin Kumar Mangla & Yigit Kazancoglu & Ali Emrouznejad, 2023. "A decision framework for incorporating the coordination and behavioural issues in sustainable supply chains in digital economy," Annals of Operations Research, Springer, vol. 326(2), pages 721-749, July.
    9. Abdolreza Roshani & Philip Walker-Davies & Glenn Parry, 2024. "Designing resilient supply chain networks: a systematic literature review of mitigation strategies," Annals of Operations Research, Springer, vol. 341(2), pages 1267-1332, October.
    10. Jie Lu & Feng Li & Desheng Wu, 2024. "A Two-Stage Sustainable Supplier Selection Model Considering Disruption Risk," Sustainability, MDPI, vol. 16(9), pages 1-20, May.
    11. Saghiri, Soroosh Sam & Mirzabeiki, Vahid, 2021. "Buyer-led environmental supplier development: Can suppliers really help it?," International Journal of Production Economics, Elsevier, vol. 233(C).
    12. Tsai Chi Kuo & Chia-Wei Hsu & Jie-Ying Li, 2015. "Developing a Green Supplier Selection Model by Using the DANP with VIKOR," Sustainability, MDPI, vol. 7(2), pages 1-29, February.
    13. Soltanzadeh, Shima & Rafiee, Majid & Weber, Gerhard-Wilhelm, 2024. "Disruption, panic buying, and pricing: A comprehensive game-theoretic exploration," Journal of Retailing and Consumer Services, Elsevier, vol. 78(C).
    14. Handson Claudio Dias Pimenta & Peter Ball & Konstantinos Salonitis, 2021. "Supply chain environmental and social sustainability practice diffusion: Bibliometrics, content analysis and conceptual framework," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(6), pages 1870-1890, November.
    15. Sönke Wieczorrek & Christian Thies & Christian Weckenborg & Martin Grunewald & Thomas S. Spengler, 2024. "Volkswagen Group Logistics Applies Operations Research to Optimize Supplier Development," Interfaces, INFORMS, vol. 54(2), pages 147-161, March.
    16. Zhao, Nanyang & Hong, Jiangtao & Lau, Kwok Hung, 2023. "Impact of supply chain digitalization on supply chain resilience and performance: A multi-mediation model," International Journal of Production Economics, Elsevier, vol. 259(C).
    17. Li, Xin & Ventura, José A. & Venegas, Bárbara B. & Kweon, Sang Jin & Hwang, Seong Wook, 2018. "An integrated acquisition policy for supplier selection and lot sizing considering total quantity discounts and a quality constraint," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 119(C), pages 19-40.
    18. Fan, Di & Xiao, Chengyong & Zhang, Xiao & Guo, Yujuan, 2021. "Gaining customer satisfaction through sustainable supplier development: The role of firm reputation and marketing communication," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 154(C).
    19. Dmitry Ivanov & Alexandre Dolgui, 2022. "Stress testing supply chains and creating viable ecosystems," Operations Management Research, Springer, vol. 15(1), pages 475-486, June.
    20. Hosseini, Seyedmohsen & Morshedlou, Nazanin & Ivanov, Dmitry & Sarder, M.D. & Barker, Kash & Khaled, Abdullah Al, 2019. "Resilient supplier selection and optimal order allocation under disruption risks," International Journal of Production Economics, Elsevier, vol. 213(C), pages 124-137.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pone00:0272157. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.