- مبلغ: ۸۶,۰۰۰ تومان
- مبلغ: ۹۱,۰۰۰ تومان
Supply chain disruptions often led to declining sales, cost increases, and service failures for the company. Considering the profound impact of supply chain disruptions on business survivals, there is a need for formulating business initiatives that will make the company's supply chain network more resilient in the presence of risk and uncertainty. This paper sheds light on the inter-relationships among risk propensity, supply chain security practices, and disruption occurrence so that it can help the company figure out what it takes to overcome the company's vulnerability to supply chain risks and then gain competitive advantages over its rivals by better preparing for potential supply chain disruptions. This paper attempts to identify factors affecting the firm's risk behaviors and supply chain security practices based on the questionnaire survey of supply chain professionals. The finding indicates that firms which take the risk of supply chain disruption seriously are more likely to comply with security initiatives and build safety stocks and subsequently reduce the frequency of supply chain disruption occurrence.
7. Concluding remarks
We conducted large-scale empirical studies that examined the inter-relationship of risk taking propensity, supply chain security practices, and supply chain disruption occurrence. Especially, it attempted to identify the antecedent that can motivate a firm to follow supply chain security initiatives, while investigating how the firm's risk management behavior influences risk management practices and its outcome from a holistic viewpoint. Also, it is noted that this study theorized the causal relationships among the firm's risk taking propensity, supply chain security practices, and frequency of supply chain disruption occurrence based on the development of reliable and valid measurement scales through a questionnaire survey. This is in contrast to a majority of the prior literature on SCRM that relied on conceptual frameworks, anecdotal evidences, case studies, and secondary data analysis. Thus, this study expands knowledge bases on SCRM given the paucity of empirical studies dealing with SCRM (Wagner and Bode, 2009).