Managing Supply Chain Disruptions
By Asoo J. Vakharia, University of Florida, USA, asoov@ufl.edu | Arda Yenipazarli, University of Florida, USA, arda.yenipazarli@cba.ufl.edu
Abstract
Given the substantive negative financial, marketing, and operationsrelated consequences of supply chain disruptions, it is not surprising that most organizations are expending significant efforts to develop effective disruption management strategies. Further, the focus on lowcost (and lean) supply chains to control costs has also resulted in magnifying the impact of even a small disruption at any stage of the chain. Thus supply chain managers are constantly evaluating and trading-off the low costs of a lean supply chain with the benefits of a highly responsive (and potentially higher cost) supply chain. In this monograph, the authors provide a comprehensive review of the current research and practice related to managing supply chain disruptions. In essence, the focus is to structure and describe these extant contributions with a view to identify directions for future research.
Managing Supply Chain Disruptions
Managing Supply Chain Disruptions categorizes and review the substantive research contributions relating to managing supply chain disruptions. With a primary emphasis on formulating directions for future research, the authors focus on significant research and practical findings. Managing Supply Chain Disruptions reviews the general area of supply chain disruptions and examine classifications of disruptions which can be used to provide insights into the disruption management process. It reviews the literature in the emerging field of disruption risk management which attempts to identify specific risks associated with supply chain disruptions. This is followed by a review of conceptual/empirical research with a focus on providing general insights into how one or more organizations have managed the risk associated with disruptions. Given that designing robust supply chain networks are a key feature of managing disruption risk, the authors examine the relevant research in this domain. A detailed analysis of prior research targeted at managing specific risks (e.g., product, supply, operations/process, and transportation risks) is presented, and finally, directions for future research are discussed.
