Skip to main content
Disciplines
Automotive Business IT + Informatics Construction + Real Estate Electrical Engineering + Electronics Energy + Sustainability Insurance + Risk Finance + Banking Management + Leadership Marketing + Sales Mechanical Engineering + Materials
Events
DE
EN
Books
Journals
Topic Page
Marketing
Start single access now
Access for companies
EXTENDED SEARCH
Log in
Top
Published in:
Strategic Sourcing as an Enabler of Supply Chain Risk Management Read chapter Read first chapter

2024 | OriginalPaper | Chapter

4. Managing Supply Chain Risk During the Strategic Sourcing Process

Authors : George A. Zsidisin, Barbara Gaudenzi, Roberta Pellegrino

Published in: Strategic Sourcing

Publisher: Springer Nature Switzerland

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

The decision analysis techniques discussed in the prior chapter provide supply chain professionals insight into their risk exposure in the supply chain. This chapter takes the initial insights from analyzing risk exposure and applies them to determine viable and appropriate approaches for managing risk and ensuring supply chain resilience, starting from the strategic sourcing process.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

inform now
previous chapter Decision Analysis Techniques in Supply Risk Assessment
next chapter Beyond Strategic Sourcing
Literature
Ahmed, M., & Hendry, L. (2012). Supplier development literature review and key future research areas. International Journal of Engineering and Technology Innovation, 2(4), 293.
Alghababsheh, M., & Gallear, D. (2020). Social capital in buyer-supplier relationships: A review of antecedents, benefits, risks, and boundary conditions. Industrial Marketing Management, 91, 338–361.CrossRef
Blenkhorn, D. L., & Banting, P. M. (1991). How reverse marketing changes buyer–seller roles. Industrial Marketing Management, 20(3), 185–191.CrossRef
Browne, J., Dubois, D., Rathmill, K., Sethi, S. P., & Stecke, K. E. (1984). Classification of flexible manufacturing systems. The FMS Magazine, 2(2), 114–117.
Costantino, N., & Pellegrino, R. (2010). Choosing between single and multiple sourcing based on supplier default risk: A real options approach. Journal of Purchasing and Supply Management, 16(1), 27–40.CrossRef
Elliott, D., Swartz, E., & Herbane, B. (1999). Just waiting for the next bang: Business continuity planning in the UK finance sector. Journal of Applied Management Studies, 8(1), 43.
Ellram, L. M. (2006). The implementation of target costing in the United States: Theory versus practice. Journal of Supply Chain Management, 42(1), 13–26.CrossRef
Elmuti, D., & Kathawala, Y. (2001). An overview of strategic alliances. Management Decision, 39(3), 205–218.
Eltantawy, R., Giunipero, L., & Handfield, R. (2014). Strategic sourcing management’s mindset: Strategic sourcing orientation and its implications. International Journal of Physical Distribution & Logistics Management, 44(10), 768–795.
Enz, M. G., Ruel, S., Zsidisin, G. A., Penagos, P., Bernard Bracy, J., & Jarzębowski, S. (2024). Supply chain strategies in response to a black-swan event: A comparison of USA, French and Polish firms. The International Journal of Logistics Management, 35(7), 1–32.
Gaudenzi, B., Zsidisin, G. A., & Pellegrino, R. (2021). Measuring the financial effects of mitigating commodity price volatility in supply chains. Supply Chain Management: An International Journal, 26(1), 17–31.
Kamalahmadi, M., Shekarian, M., & Mellat Parast, M. (2022). The impact of flexibility and redundancy on improving supply chain resilience to disruptions. International Journal of Production Research, 60(6), 1992–2020.CrossRef
Kannan, V. R., & Choon Tan, K. (2006). Buyer-supplier relationships: The impact of supplier selection and buyer-supplier engagement on relationship and firm performance. International Journal of Physical Distribution & Logistics Management, 36(10), 755–775.CrossRef
Kannan, V. R., & Tan, K. C. (2002). Supplier selection and assessment: Their impact on business performance. Journal of Supply Chain Management, 38(3), 11–21.
Kocabasoglu, C., & Suresh, N. C. (2006). Strategic sourcing: An empirical investigation of the concept and its practices in US manufacturing firms. Journal of Supply Chain Management, 42(2), 4–16.
Koufteros, X. A., Vonderembse, M. A., & Doll, W. J. (2002). Integrated product development practices and competitive capabilities: The effects of uncertainty, equivocality, and platform strategy. Journal of Operations Management, 20(4), 331–355.
Kraljic, P. (1983, September–October). HBR. Harvard Business Review, 109–117.
Lawson, B., Krause, D., & Potter, A. (2015). Improving supplier new product development performance: The role of supplier development. Journal of Product Innovation Management, 32(5), 777–792.CrossRef
Matook, S., Lasch, R., & Tamaschke, R. (2009). Supplier development with benchmarking as part of a comprehensive supplier risk management framework. International Journal of Operations & Production Management, 29(3), 241–267.CrossRef
Monczka, R., Handfield, R., Giunipero, L., & Patterson, J. (2021). Purchasing and supply chain management (7th ed.). Cengage.
Mubarik, M. S., Kusi-Sarpong, S., Govindan, K., Khan, S. A., & Oyedijo, A. (2023). Supply chain mapping: A proposed construct. International Journal of Production Research, 61(8), 2653–2669.CrossRef
Nelson, D., Mayo, R., & Moody, P. E. (1998). Powered by Honda: Developing excellence in the global enterprise. Wiley.
Nelson, D., Moody, P. E., & Stegner, J. (2005). The incredible payback: Innovative sourcing solutions that deliver extraordinary results. AMACOM/American Management Association.
Nishiguchi, T. (1994). Strategic industrial sourcing: The Japanese advantage. Oxford University Press.CrossRef
Payne, J., & Dorn, W. R. (2011). Managing indirect spend: Enhancing profitability through strategic sourcing (Vol. 557). John Wiley & Sons.
Ramsay, J., & Wilson, I. (1990). Sourcing/contracting strategy selection. International Journal of Operations & Production Management, 10(8), 19–28.
Shaw, G. L., & Harrald, J. R. (2004). Identification of the level business crisis and continuity managers. Journal of Homeland Security & Emergency Management, 1(1), 1–14.
Sheffi, Y., & Rice Jr, J. B. (2005). A supply chain view of the resilient enterprise. MIT Sloan Management Review.
Smeltzer, L. R., Manship, J. A., & Rossetti, C. L. (2003). An analysis of the integration of strategic sourcing and negotiation planning. Journal of Supply Chain Management, 39(3), 16–25.
Smeltzer, L. R., & Siferd, S. P. (1998). Proactive supply management: The management of risk. International Journal of Purchasing and Materials Management, 34(4), 38–45.CrossRef
Smith, M. E., & Zsidisin, G. A. (2002). Early supplier involvement at MRD. Practix: Best Practices in Purchasing and Supply Management, 5(4), 1–5.
Steele, P. T., & Court, B. H. (1996). Profitable purchasing strategies: A manager’s guide for improving organizational competitiveness through the skills of purchasing. McGraw-Hill.
Wagner, S. M. (2006a). A firm’s responses to deficient suppliers and competitive advantage. Journal of Business Research, 59, 686–695.CrossRef
Wagner, S. M. (2006b). Supplier development practices: An exploratory study. European Journal of Marketing, 40(5/6), 554–571.CrossRef
Wasti, S. N., & Liker, J. K. (1997). Risky business or competitive power? Supplier involvement in Japanese product design. Journal of Product Innovation Management: An International Publication of the Product Development & Management Association, 14(5), 337–355.
Wisner, J., Tan, K., & Leong, G. (2023). Principles of supply chain management: A balanced approach (6th ed.). Cengage Learning.
Wynstra, F., Van Weele, A., & Axelsson, B. (1999). Purchasing involvement in product development: A framework. European Journal of Purchasing & Supply Management, 5(3–4), 129–141.
Zsidisin, G. A., & Ellram, L. M. (2003). An agency theory investigation of supply risk management. Journal of Supply Chain Management, 39(2), 15–27.
Zsidisin, G. A., Hartley, J. L., Kaufmann, L., & Gaudenzi, B. (2017). Managing commodity price risk: A supply chain perspective (2nd ed.). Business Expert Press Publishing. ISBN 978-1631570636.
Zsidisin, G. A., Melnyk, S. A., & Ragatz, G. L. (2005a). An institutional theory perspective of business continuity planning for purchasing and supply management. International Journal of Production Research, 43(16), 3401–3420.CrossRef
Zsidisin, G. A., Ragatz, G. L., & Melnyk, S. A. (2005b). The ‘dark side’ of supply chain management. Supply Chain Management Review, 9(2), 46–52.
Zsidisin, G. A., & Smith, M. E. (2005). Managing supply risk with early supplier involvement: A case study and research propositions. Journal of Supply Chain Management, 41(4), 44–57.CrossRef
Zsidisin, G. A., & Wagner, S. M. (2010). Do perceptions become reality? The moderating role of supply chain resiliency on disruption occurrence. Journal of Business Logistics, 31(2), 1–20.
Metadata
Title
Managing Supply Chain Risk During the Strategic Sourcing Process
Authors
George A. Zsidisin
Barbara Gaudenzi
Roberta Pellegrino
Copyright Year
2024
Book
Strategic Sourcing

Print ISBN: 978-3-031-52591-9

Electronic ISBN: 978-3-031-52592-6

Copyright Year: 2024

DOI
https://doi.org/10.1007/978-3-031-52592-6_4

Premium Partner

    Image Credits