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Collaborative risk management: a systematic literature review

Derek Friday (Newcastle Business School, The University of Newcastle, Newcastle, Australia)
Suzanne Ryan (Newcastle Business School, The University of Newcastle, Newcastle, Australia)
Ramaswami Sridharan (Newcastle Business School, The University of Newcastle, Newcastle, Australia)
David Collins (Newcastle Business School, The University of Newcastle, Newcastle, Australia)

International Journal of Physical Distribution & Logistics Management

ISSN: 0960-0035

Article publication date: 10 January 2018

Issue publication date: 22 March 2018

4206

Abstract

Purpose

The purpose of this paper is to identify and analyse collaborative risk management (CRM) literature to establish its current position in supply chain risk management (SCRM) and propose an agenda for future research.

Design/methodology/approach

A systematic literature review of 101 peer-reviewed articles over a 21-year period was employed to analyse literature and synthesise findings to clarify terminology, definitions, CRM capabilities, and underlying theory.

Findings

CRM as a field of research is in its infancy and suffers from imprecise definitions, fragmented application of capabilities, and diverse theoretical foundations. The term CRM is identified as a more representative description of relational risk management arrangements. Six capabilities relevant to CRM are identified: risk information sharing, standardisation of procedures, joint decision making, risk and benefit sharing, process integration, and collaborative performance systems.

Originality/value

The paper provides a new definition for CRM; proposes a holistic approach in extending collaboration to SCRM; identifies a new capability; and provides a range of theories to broaden the theoretical scope for future research on CRM.

Keywords

Acknowledgements

The authors thank Steven A. Melnyk and Mariano (Pitosh) Heyden for their comments and advice on this paper.

Citation

Friday, D., Ryan, S., Sridharan, R. and Collins, D. (2018), "Collaborative risk management: a systematic literature review", International Journal of Physical Distribution & Logistics Management, Vol. 48 No. 3, pp. 231-253. https://doi.org/10.1108/IJPDLM-01-2017-0035

Publisher

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Emerald Publishing Limited

Copyright © 2018, Emerald Publishing Limited

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