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Supply chain risk analysis of company X : risk management tool for supply chain risks

Kara, S. (2019) Supply chain risk analysis of company X : risk management tool for supply chain risks.

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Abstract:Purpose – The purpose of this research is to develop a supply chain risk management tool that can measure/assess and monitor risk in the supply chain. Additionally, this research redesign assessment and monitoring models for the automotive company in the Netherlands. Design/methodology/approach – This business research uses multiple methodologies to solve the business problem for company X. First, the problem solving methodology of Aken et al. (2012) was used during the process. The supply chain-risk literature is then further analysed and several interviews in combination with the business documentation are used for identifying the SC risks, with the aim developing a risk management tool. Findings –The risk management tool is constructed based on a probability–impact matrix and a multi-criteria scoring procedure. This risk management tool calculates the risk degree of each identified risk and monitors these risks over time with weights. The risk management tool is a visual construct so it is easy to understand under which risk level the company operates. Research limitations/implications – This research has some limitations. One issue was time limitation; this results in that the research focused only on main supply chain risks with disruptive potential. Practical implications – The risk management tool was constructed especially for company X to measure its supply chain risk. There is a possibility to introduce this model to other industries if the risk identification and risk categories match a company’s requirements. Originality/value – This research redesign two methods to assess and monitor risks in the supply chain and implement the risk results in a colour visual manner. Key words- Supply chain risk management, Supply chain risk, Risk management process, Risk assessment, Risk management, Automotive industry
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:https://purl.utwente.nl/essays/78077
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