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Securing the upstream supply chain: a risk management approach

Larry C. Giunipero (Department of Marketing, College of Business, Florida State University, Tallahassee, Florida, USA)
Reham Aly Eltantawy (Department of Marketing, College of Business, Florida State University, Tallahassee, Florida, USA)

International Journal of Physical Distribution & Logistics Management

ISSN: 0960-0035

Article publication date: 1 October 2004

Abstract

Supply managers must manage many risks in their increasingly competitive environments. Traditionally this meant buffering against uncertainties, which sub‐optimized operational performance. Risk management can be a more effective approach to deal with these uncertainties by identifying potential losses. This conceptual study proposes that situational factors‐ degree of product technology, security needs, the relative importance of the supplier, and the purchasers’ prior experience with the situation should be taken into consideration when determining the level of risk management in the supply chain. Doing so can avoid unforeseen losses and lead to better anticipation of risks.

Keywords

Citation

Giunipero, L.C. and Aly Eltantawy, R. (2004), "Securing the upstream supply chain: a risk management approach", International Journal of Physical Distribution & Logistics Management, Vol. 34 No. 9, pp. 698-713. https://doi.org/10.1108/09600030410567478

Publisher

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Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited