Collaborative risk management: a systematic literature review
International Journal of Physical Distribution & Logistics Management
ISSN: 0960-0035
Article publication date: 10 January 2018
Issue publication date: 22 March 2018
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
:Emerald Publishing Limited
Copyright © 2018, Emerald Publishing Limited