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Supply Chain Risk Management: A Review of Thirteen Years of Research

DOI: 10.4236/ajibm.2018.812154, PP. 2294-2320

Keywords: Supply Chain, Risk Management, Performance, Resilience, Mitigation

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Abstract:

This paper performs a systematic literature review on supply chain risk management (SCRM). This review analyzes 133 articles published between 2005 and the first quarter of 2018. Its main purpose is to identify the developed strategies used to mitigate risks and improve supply chain performance. It appears that there is heterogeneity in the developed strategies and that quantitative methods simulation/modeling are the most used by researchers to mitigate supply chain risks (SCR). Although emphasis is made on the links between SCRM and performance or resilience, risk prevention strategies remain the least represented in the papers analyzed. We also find that there is no superior approach in the set of various risks management strategies and thus it is difficult to linearly establish, the successive evolutions of the models that would replace others.

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