Supply risk management in financial crises: A multiple case-study approach

Blome, Constantin and Schonherr, Tobias (2011) Supply risk management in financial crises: A multiple case-study approach. International Journal of Production Economics, 134 (1). pp. 43-57. ISSN 0925-5273

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Abstract

Supply Chain Risk Management has become a key concern for organizations, which is even further emphasized by the current economic and financial crisis. Against this background, this paper investigates successful approaches and experiences by companies in dealing with this new reality, especially as it concerns the supply side. Using in-depth case studies conducted among eight European enterprises, we develop a set of propositions about how companies manage supply risks in financial crises, highlight how their risk management approaches have shifted, and illustrate how they are related to Enterprise Risk Management. Our framework is further differentiated based on whether firms are predominantly engaged in manufacturing or services—a factor influencing how supply chain risk is managed. Transaction cost economics serves as our main theoretical anchor. By rigorously grounding our research in both theory and empirical evidence, we provide valuable insight for both academia and practice.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Business and Management
Subjects: H Social Sciences
H Social Sciences > HG Finance
Depositing User: Joy Blake
Date Deposited: 23 May 2014 09:36
Last Modified: 23 May 2014 09:36
URI: http://sro.sussex.ac.uk/id/eprint/48796
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