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Risk Management in Global Sourcing: Comparing the Business World and the Academic World

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  • Ila Manuj

Abstract

The purpose of this article is to compare academic research with industry practice in the area of global sourcing risk management and suggest directions for future research to help bridge the gap between the theory and the practice of global sourcing risk management. An extensive review of literature is employed to understand the current state of theory. Reports from supply chain audits of ten leading US companies are analyzed to document the current state of practice. Prominent themes from the two streams are compared to identify specific gaps. Several avenues for further research are identified based upon the areas of disconnect between theory and practice. Major findings and relationships identified contribute to building an integrated theory of global sourcing risk management.

Suggested Citation

  • Ila Manuj, 2013. "Risk Management in Global Sourcing: Comparing the Business World and the Academic World," Transportation Journal, John Wiley & Sons, vol. 52(1), pages 80-107, January.
    • Handle: RePEc:wly:transj:v:52:y:2013:i:1:p:80-107
    DOI: 10.5325/transportationj.52.1.0080
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    References listed on IDEAS

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    1. Daniel W. Greening & Richard A. Johnson, 1996. "Do Managers and Strategies Matter? A Study In Crisis," Journal of Management Studies, Wiley Blackwell, vol. 33(1), pages 25-51, January.
    2. Böckem Sabine & Schiller Ulf, 2004. "Transfer Pricing and Hold-Ups in Supply Chains," German Economic Review, De Gruyter, vol. 5(2), pages 211-230, May.
    3. Pfohl, Hans-Christian & Köhler, Holger & Thomas, David, 2010. "State of the art in supply chain risk management research. Empirical and conceptual findings and a roadmap for the implementation in practice," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 41981, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
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    2. David Swanson & Yoshinori Suzuki, 2020. "COVID‐19 Carves New Facets of Supply Chain Disruption," Transportation Journal, John Wiley & Sons, vol. 59(4), pages 325-334, November.
    3. Travis Kulpa & Jason W. Miller & Rodney Thomas, 2024. "Investigating the dynamic and contingent effects of the US import air freight market throughout the phases of the COVID‐19 disruption," Transportation Journal, John Wiley & Sons, vol. 63(3), pages 156-170, July.

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