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Analysis of supply chain risk management researches

Abstract

Despite the large number of contributions (some 250 articles) published on Supply Chain Risk Management (SCRM), none of them have developed what can be called research profiling on the theme. This paper aims to analyze the profile of works published on SCRM, that is, to map the field of research on the theme, covering articles published from 2004 to 2015. The authors adopted the research profiling method, which expands the scope of bibliometry by applying text mining. The VantagePoint® software was used to analyze, classify, and organize the data of this study. The results provide several insights into research on SCRM, namely: (i) the key expression “supply chain risk management” only became representative for the theme after 2012; (ii) the most cited authors are not the same as those who have published the most; and (iii) only three periodicals together account for one-third of all the citations in publications on SCRM.

Keywords:
Supply Chain Risk Management; SCRM; Research profiling; Systematic literature review

Resumo

Nos últimos 10 anos, publicações sobre Gerenciamento de Riscos em Cadeias de Suprimentos (SCRM) cresceram a uma taxa média de mais de 40% ao ano. Trata-se de um tema que vem, rapidamente, ganhando notoriedade na área de Logística, tanto por ser um assunto relativamente novo, inspirando pesquisadores a desenvolverem estudos sobre a questão, quanto pelo potencial de minimizar prejuízos de altas cifras em cadeias de suprimentos. Dada a relevância científica e empresarial da matéria, a presente pesquisa possui como objetivo principal analisar o perfil dos trabalhos publicados sobre SCRM, ou seja, mapear o campo de pesquisas sobre o tema, abrangendo os artigos publicados sobre esse assunto até 31 de dezembro de 2015. Para a consecução desse objetivo, adotou-se o método de pesquisa Research Profiling, que amplia o escopo da bibliometria por meio da mineração de texto. Para a análise, tabulação e organização dos dados, utilizou-se o software VantagePoint®. Como resultados principais, foram respondidas inúmeras questões relacionadas às pesquisas sobre SCRM, das quais se destacam as seguintes: i) cada artigo, apresenta-se, em média, repetido 1,2 vez em outras bases de dados; ii) os autores mais citados não são os que mais publicam; iii) as palavras-chave “Supply Chain Risk Management” só se tornou representativa para esse tema após 2012; iv) apenas três periódicos, juntos, são responsáveis por um terço de todas as citações em publicações sobre SCRM. Como resultado secundário, mas não menos importante, observou-se a falta de consenso entre os pesquisadores quando o assunto diz respeito às etapas que devem ser desenvolvidas no SCRM.

Palavras-chave:
Supply Chain Risk Management; SCRM; Perfil de pesquisa; Revisão sistemática da literatura

1 Introduction

According to Ghadge et al. (2012)Ghadge, A., Dani, S., & Kalawsky, R. (2012). Supply chain risk management: present and future scope. The International Journal of Logistics Management, 23(3), 313-339. http://dx.doi.org/10.1108/09574091211289200.
http://dx.doi.org/10.1108/09574091211289...
, the sources of business risks are many and originate both within and outside the organization, so that, as observed by Christopher & Lee (2004)Christopher, M., & Lee, H. (2004). Mitigating supply chain risk through improved confidence. International Journal of Physical Distribution & Logistics Management, 34(5), 388-396. http://dx.doi.org/10.1108/09600030410545436.
http://dx.doi.org/10.1108/09600030410545...
, supply chain risk management (SCRM) is becoming an integral part of risk management in general.

As stressed by Colicchia & Strozzi (2012)Colicchia, C., & Strozzi, F. (2012). Supply chain risk management: a new methodology for a systematic literature review. Supply Chain Management: An International Journal, 17(4), 403-418. http://dx.doi.org/10.1108/13598541211246558.
http://dx.doi.org/10.1108/13598541211246...
, operational risks are not the only type existing along a supply chain, since uncertainty of the business environment and the complexity of supply chains are increasing the probability of ruptures along the chain. In this context, Hendricks et al. (2009)Hendricks, K. B., Singhal, V. R., & Zhang, R. R. (2009). The effect of operational slack, diversification, and vertical relatedness on the stock market reaction to supply chain disruptions. Journal of Operations Management, 27(3), 233-246. http://dx.doi.org/10.1016/j.jom.2008.09.001.
http://dx.doi.org/10.1016/j.jom.2008.09....
argue that properly managing this type of risk minimizes problems of interruptions, reduces their negative impact on performance and allows faster restoration of the chain to its normal state.

Problems of supply chain management (SCM) can cause large monetary losses, such as happened in the previous decade to Boeing, Cisco and Pfizer, which suffered losses attributed to supply chain problems amounting to US$ 2 billion, US$ 2.25 billion and US$ 2.8 billion, respectively (Hult et al., 2010Hult, G. T. M., Craighead, C. W., & Ketchen, D. J. Jr (2010). Risk Uncertainty and supply chain decisions: a real options perspective. Decision Sciences, 41(3), 435-458. http://dx.doi.org/10.1111/j.1540-5915.2010.00276.x.
http://dx.doi.org/10.1111/j.1540-5915.20...
). Other examples of financial losses due to breakdown of supply chains can be found in Kern et al. (2012)Kern, D., Moser, R., Hartmann, E., & Moder, M. (2012). Supply risk management: model development and empirical analysis. International Journal of Physical Distribution & Logistics Management, 42(1), 60-82. http://dx.doi.org/10.1108/09600031211202472.
http://dx.doi.org/10.1108/09600031211202...
and Sodhi et al. (2012)Sodhi, M. S., Son, B., & Tang, C. (2012). Researchers’ perspectives on supply chain risk management. Production and Operations Management, 21(1), 1-13. http://dx.doi.org/10.1111/j.1937-5956.2011.01251.x.
http://dx.doi.org/10.1111/j.1937-5956.20...
.

According to Colicchia & Strozzi (2012)Colicchia, C., & Strozzi, F. (2012). Supply chain risk management: a new methodology for a systematic literature review. Supply Chain Management: An International Journal, 17(4), 403-418. http://dx.doi.org/10.1108/13598541211246558.
http://dx.doi.org/10.1108/13598541211246...
, few areas of interest in the ambit of management have gained such prominence in recent years as SCRM, both from the practical and research perspectives.

The concept of SCRM emerged as a natural extension of SCM, and originates from the intersection of risk management and supply chain management (Blos et al., 2009Blos, M. F., Quaddus, M., Wee, H. M., & Watanabe, K. (2009). Supply chain risk management (SCRM): a case study on the automotive and electronic industries in Brazil. Supply Chain Management: An International Journal, 14(4), 247-252. http://dx.doi.org/10.1108/13598540910970072.
http://dx.doi.org/10.1108/13598540910970...
), as depicted in Figure 1.

Figure 1
SCRM as the intersection of SCM and risk management. Source: Blos et al. (2009)Blos, M. F., Quaddus, M., Wee, H. M., & Watanabe, K. (2009). Supply chain risk management (SCRM): a case study on the automotive and electronic industries in Brazil. Supply Chain Management: An International Journal, 14(4), 247-252. http://dx.doi.org/10.1108/13598540910970072.
http://dx.doi.org/10.1108/13598540910970...
.

SCRM is an important process within SCM and has the main goal of identifying the sources of potential risks, suggesting suitable measures to mitigate them (Singhal et al., 2011Singhal, P., Agarwal, G., & Mittal, M. L. (2011). Supply chain risk management : review, classification and future research directions. Int. Journal of Business Science and Applied Management, 6(3), 15-42.) and increasing the supply chain’s resilience (Pujawan & Geraldin, 2009Pujawan, I. N., & Geraldin, L. H. (2009). House of risk: a model for proactive supply chain risk management. Business Process Management Journal, 15(6), 953-967. http://dx.doi.org/10.1108/14637150911003801.
http://dx.doi.org/10.1108/14637150911003...
). Figure 2 illustrates the growth of research publications on SCRM in international periodicals, in the Scopus, Web of Science, Science Direct, Emerald Insight and Ingenta Connect databases.

Figure 2
Annual publications on SCRM in selected databases. Source: authors.

Despite the large number of contributions (some 250 articles) published on SCRM from 2004 until the end of 2015, none of them developed what can be called research profiling on the theme. Tang (2006)Tang, C. S. (2006). Perspectives in supply chain risk management. International Journal of Production Economics, 103(2), 451-488. http://dx.doi.org/10.1016/j.ijpe.2005.12.006.
http://dx.doi.org/10.1016/j.ijpe.2005.12...
, Khan & Burnes (2007)Khan, O., & Burnes, B. (2007). Risk and supply chain management: creating a research agenda. The International Journal of Logistics Management, 18(2), 197-216. http://dx.doi.org/10.1108/09574090710816931.
http://dx.doi.org/10.1108/09574090710816...
and Manuj & Mentzer (2008b)Manuj, I., & Mentzer, J. T. (2008b). Global supply chain risk management. Journal of Business Logistics, 29(1), 133-155. http://dx.doi.org/10.1002/j.2158-1592.2008.tb00072.x.
http://dx.doi.org/10.1002/j.2158-1592.20...
all presented extensive reviews on what had been published about SCRM until the respective years of those studies, contributing to identify gaps and to refine a research agenda. In turn, Colicchia & Strozzi (2012)Colicchia, C., & Strozzi, F. (2012). Supply chain risk management: a new methodology for a systematic literature review. Supply Chain Management: An International Journal, 17(4), 403-418. http://dx.doi.org/10.1108/13598541211246558.
http://dx.doi.org/10.1108/13598541211246...
combined a systematic literature review (SLR) and citation network analysis (CNA) to investigate the process of creation, transfer and development of knowledge on SCRM, by analyzing 55 works from the Web of Science database up to 2010.

The present work aims to shed more light on SCRM, by complementing the review articles mentioned above, covering all the articles published in the Scopus, Web of Science, Science Direct, Emerald Insight and Ingenta Connect databases, with a different slant, to map and analyze the research in the field of SCRM. For this purpose, we selected the research profiling method, which expands on traditional literature review by examining the relevant publications more comprehensively (Porter et al., 2002Porter, A. L., Kongthon, A., & Lu, C. (2002). Research profiling: improving the literature review. Scientometrics, 53(3), 351-370. http://dx.doi.org/10.1023/A:1014873029258.
http://dx.doi.org/10.1023/A:101487302925...
).

Research profiling seeks to answer four “W” questions: “Who”, “What”, “Where” and “When”, for example: Who are the most cited authors on a determined theme? What article is studied most within this theme? Where are most articles produced? When did each topic first appear in the literature? The use of these questions does not constrain the scope of this method; other questions can be addressed, such as: What countries produce more research on a determined topic? What are the most common keywords utilized by researchers in a given area? How has the volume of publications grown over time?

This study is relevant in at least three aspects: (i) research into SCRM is still in the incipient stage (Lavastre et al., 2012Lavastre, O., Gunasekaran, A., & Spalanzani, A. (2012). Supply chain risk management in French companies. Decision Support Systems, 52(4), 828-838. http://dx.doi.org/10.1016/j.dss.2011.11.017.
http://dx.doi.org/10.1016/j.dss.2011.11....
; Narasimhan & Talluri, 2009Narasimhan, R., & Talluri, S. (2009). Perspectives on risk management in supply chains. Journal of Operations Management, 27(2), 114-118. http://dx.doi.org/10.1016/j.jom.2009.02.001.
http://dx.doi.org/10.1016/j.jom.2009.02....
), especially in countries like Brazil (Blos et al., 2009Blos, M. F., Quaddus, M., Wee, H. M., & Watanabe, K. (2009). Supply chain risk management (SCRM): a case study on the automotive and electronic industries in Brazil. Supply Chain Management: An International Journal, 14(4), 247-252. http://dx.doi.org/10.1108/13598540910970072.
http://dx.doi.org/10.1108/13598540910970...
); (ii) research into SCRM is rapidly gaining importance in the logistics area (Colicchia & Strozzi, 2012Colicchia, C., & Strozzi, F. (2012). Supply chain risk management: a new methodology for a systematic literature review. Supply Chain Management: An International Journal, 17(4), 403-418. http://dx.doi.org/10.1108/13598541211246558.
http://dx.doi.org/10.1108/13598541211246...
; Wieland & Wallenburg, 2012Wieland, A., & Wallenburg, C. M. (2012). Dealing with supply chain risks: linking risk management practices and strategies to performance. International Journal of Physical Distribution & Logistics Management, 42(10), 887-905. http://dx.doi.org/10.1108/09600031211281411.
http://dx.doi.org/10.1108/09600031211281...
; Singhal et al., 2011Singhal, P., Agarwal, G., & Mittal, M. L. (2011). Supply chain risk management : review, classification and future research directions. Int. Journal of Business Science and Applied Management, 6(3), 15-42.); and (iii) the losses caused by supply chain problems can reach huge proportions (Hult et al., 2010Hult, G. T. M., Craighead, C. W., & Ketchen, D. J. Jr (2010). Risk Uncertainty and supply chain decisions: a real options perspective. Decision Sciences, 41(3), 435-458. http://dx.doi.org/10.1111/j.1540-5915.2010.00276.x.
http://dx.doi.org/10.1111/j.1540-5915.20...
; Kern et al., 2012Kern, D., Moser, R., Hartmann, E., & Moder, M. (2012). Supply risk management: model development and empirical analysis. International Journal of Physical Distribution & Logistics Management, 42(1), 60-82. http://dx.doi.org/10.1108/09600031211202472.
http://dx.doi.org/10.1108/09600031211202...
; Sodhi et al., 2012Sodhi, M. S., Son, B., & Tang, C. (2012). Researchers’ perspectives on supply chain risk management. Production and Operations Management, 21(1), 1-13. http://dx.doi.org/10.1111/j.1937-5956.2011.01251.x.
http://dx.doi.org/10.1111/j.1937-5956.20...
).

This work is organized into five sections including this introduction. The second section covers the methodological aspects; the third presents and discusses the results; the fourth addresses perspectives to advance research on SCRM; and the fifth presents our concluding remarks, followed by the bibliographic references used.

2 Methodological aspects

In this article, we carry out a systematic literature review of supply chain risk management in five databases, using bibliometry and text mining to develop a research profile, called research profiling by Porter et al. (2002)Porter, A. L., Kongthon, A., & Lu, C. (2002). Research profiling: improving the literature review. Scientometrics, 53(3), 351-370. http://dx.doi.org/10.1023/A:1014873029258.
http://dx.doi.org/10.1023/A:101487302925...
.

The first step involved identifying all the articles published from 2004 to December 31, 2015. We did this on March 1, 2016, by applying the “advanced research” option in each selected base, using the search argument “supply chain risk management” in the title, abstract and keywords. Besides this, to refine the survey, we selected only articles published in scientific periodicals in English.

Table 1 reports the number of articles found in each database.

Table 1
Number of articles found in each database.

Two limiting factors deserve mention regarding this first step: (i) periodicals that had not yet published the last edition for 2015 by March 1, 2016 were not included; and (ii) articles not containing the exact expression. “supply chain risk management at least once in the title, keywords or abstract were not selected.

The second step was to define the way to analyze these data. For this we chose the VantagePoint® program. This choice was based on the fact that this software is recognized by researchers for its efficiency and practicality in treating data (Eldridge, 2006Eldridge, J. (2006). Data visualization tools: a perspective from the pharmaceutical industry. World Patent Information, 28(1), 43-49. http://dx.doi.org/10.1016/j.wpi.2005.10.007.
http://dx.doi.org/10.1016/j.wpi.2005.10....
; Islam & Miyazaki, 2010Islam, N., & Miyazaki, K. (2010). An empirical analysis of nanotechnology research domains. Technovation, 30(4), 229-237. http://dx.doi.org/10.1016/j.technovation.2009.10.002.
http://dx.doi.org/10.1016/j.technovation...
; Kim et al., 2012Kim, J., Hwang, M., Jeong, D., & Jung, H. (2012). Expert Systems with Applications Technology trends analysis and forecasting application based on decision tree and statistical feature analysis. Expert Systems with Applications, 39(16), 12618-12625. http://dx.doi.org/10.1016/j.eswa.2012.05.021.
http://dx.doi.org/10.1016/j.eswa.2012.05...
).

The third step consisted of organizing the data for processing by VantagePoint®. The Web of Science and Scopus bases generate files containing all the information necessary for research profiling, so it is only necessary to insert each article in the software. The other bases (Science Direct, IngentaConnect and Emerald Insight) do not provide all the information automatically. This required analyzing each article from these bases individually, with subsequent manual organization of the data collected.

During the third step, we noted the existence of intersections (overlaps) between the databases in some cases, i.e., a single article was present in more than one base, as depicted in Figure 3.

Figure 3
Intersections of databases for publications on SCRM in the period from 2004 to 2015. Source: authors.

Figure 3 shows that most of the articles about SCRM contained in the Science Direct, IngentaConnect and Emerald Insight bases are also present in the Web of Science (WOS) and Scopus bases. Besides this, the figure reveals an intersection of 107 articles between the two largest bases (Scopus and WOS). Finally, it indicates that: (i) 14% of all the articles from Ingenta Connect and 8% of those from Emerald Insight are not in the Scopus and WOS bases; and (ii) all the articles (100%) from Science Direct are present in the Scopus or WOS bases.

Therefore, we used the data files generated automatically by WOS and Scopus, plus a matrix created manually with the data from the articles found exclusively in Ingenta Connect (9 articles) and Emerald Insight (5 articles). Finally, with all the data inserted in VantagePoint®, it was possible to identify repetition of 107 articles common to the files generated by WOS and Scopus. After eliminating these 107 records, 248 articles remained as material for the research profiling about SCRM, or 45.86% of the 543 articles initially identified in the five databases searched. With these articles we began the fourth step.

The purpose of the fourth step was to organize and harmonize the data from the articles, including standardizing the names of the periodicals, the authors, keywords, countries and other items considered in the analysis. This was also accomplished with the VantagePoint® software.

In the fifth and last step, we performed basic examination to identify the relevant information from the data organized by the software and then conducted advanced analyses to observe the patterns of production of knowledge on the SCRM theme. The purpose of these analyses was to answer the question: What is the dynamic of producing knowledge in the area of supply chain risk management?

To prove more details on the theme, we finalized the work by formulating and addressing the following questions:

  1. 1

    Who are the most productive authors?

  2. 2

    What periodicals publish the most articles in the area studied?

  3. 3

    What institutions are most productive?

  4. 4

    What countries are most representative in the production in the area?

  5. 5

    Who are the most referenced authors?

  6. 6

    What are the most referenced periodicals?

  7. 7

    What years have seen the largest number of citations?

  8. 8

    When were the largest volume of articles in the area published?

  9. 9

    What keywords are most used?

The next section presents the results of the five steps described above.

3 Results of the researh profiling about SCRM

This section organizes the results of the research profiling about SCRM. Since VantagePoint® presents results related to the number of records and/or the number of occurrences, all the figures and tables are ordered by the number of records supplied. For a better understanding of the meaning of this observation, take the following example: a single article can be referenced in five works by the same author, so it will have a single record and five occurrences. The analyses are presented next, in three subgroups.

3.1 “Publishes the Most” subgroup

Here we try to answer the four questions, three of which are represented in Figure 4, where the dependence, relationship and interaction between them can be found.

Figure 4
Relations between authors, institutions and countries that are most active in publishing about SCRM. Source: authors.

The authors who are most active in publishing articles about SCRM wind up influencing the bibliometric tallies of the institutions and countries. Table 2 includes the ten institutions that published the most articles from 2004 through the end of 2015.

Table 2
List of the institutions ranked by number of publications on SCRM.

However, this relation is not proportional, since many articles have multiple authors, often from different institutions. Table 3 lists the researchers who were most active in publishing articles on SCRM in the period studied.

Table 3
List of the 20 most active authors on SCRM.

Figure 5, in turn, depicts the evolution of the publications by these authors in the period studied.

Figure 5
Articles published per author on SCRM from 2004 to 2015. Source: authors, generated by the VantagePoint® software.

With respect to the countries that are most productive in publishing, it can be seen in Table 4 that the United States and China are the leaders in terms of numbers of publications.

Table 4
List of the 20 leading countries in the publication of articles on SCRM.

3.2 “Most Cited” subgroup

The topic addressed here is the number of citations of authors and periodicals, as well as the years when these citations occurred. Table 5 organizes the 20 authors most often cited in the development of research into SCRM.

Table 5
List of the 20 authors most often cited, ranked by number of records.

Figure 6, in turn, depicts the evolution of the most cited authors during the period studied.

Figure 6
Ranking of citations involving SCRM in the study period. Source: authors, using the VantagePoint® software.

Figure 7 depicts the years most cited by the authors. For example, the 248 articles about SCRM selected contain 212 citations of other articles published in 2004. These citations are related to scientific works in various areas of knowledge, including SCRM itself.

Figure 7
Analysis of the year of the publications cited in studies about SCRM in the past 30 years. Source: authors.

From analyzing Figure 7 and Table 6, it can be seen that researchers interested in the theme of SCRM have been developing theoretical frameworks (bibliographical reviews) for their works based mostly on articles that do not make specific reference to SCRM. For example, in 2004, 2005 and 2006, only nine articles were published about SCRM, but other works from these years are the most cited in the publications of the authors of those nine works, with 611 records (212 in 2004, 200 in 2005 and 199 in 2006).

Table 6
Works about SCRM published per year, in the past 12 years.

With respect to the periodicals most often cited by the researchers on SCRM, the standouts are, in this order, International Journal of Production Economics, Journal of Operations Management and Supply Chain Management: An International Journal, with more than 100 citations for each. According to the data in Table 7, for each five citations involving works on SCRM, one citation refers to one of these periodicals. When examining the number of occurrences, the ratio is higher: these three periodicals together are responsible for one-third of all the citations in publications on SCRM.

Table 7
List of the 20 periodicals cited most.

To finalize this section and trace a parallel with the previous one, of the 20 authors with the most publications (see Table 3) and the 20 most cited authors (see Table 5), only four are present in both analyses. Figure 8 illustrates this question, where the numbers inside each column in black indicate the years when the articles by each author were published.

Figure 8
Comparison between citation and publications of an author about SCRM. Source: authors.

We believe several factors influence the relation presented in Figure 8, such as type of research (applied or not), the author (whether becoming well known in the field before, during or after the year of publication), the year when the study was published (more recent or more remote), among other aspects.

3.3 “Where to Search” subgroup

Here we include the results of the periodicals publishing the largest number of articles about SCRM and the key words or expressions chosen by the authors for their works. We believe it is pertinent to cover these two aspects here in a single section because when a researcher wants to find works dealing with SCRM, he or she will do so mainly through key words or expressions at the sites of the periodicals that most often publish articles on the subject. Table 8 organizes the key words/expressions most often chosen to represent works on the subject of SCRM: data from the 248 SCRM articles that compose the present research were loaded into Vantage Point® to generate the table data, with the keywords most used in the articles from 2004 to 2015.

Table 8
List of the 20 key expressions used most.

Figure 9 complements Table 8, indicating year by year the key words/expressions used the most. It can be observed in the figure that the first expressions used were “Risk Management” and “Supply Chain Management”. Only after 2012 did the expression “Supply Chain Risk Management” become representative, in terms of absolute numbers, for research into SCRM.

Figure 9
The 20 key word/expressions most often used in studies of SCRM, segmented by years of publication. Source: authors, using the VantagePoint® software.

Figure 10 illustrates the evolution of the three most used key expressions, both in terms of simple and accumulated frequency.

Figure 10
Evolution of the use of the three key expressions used the most to represent studies about SCRM. Source: authors.

With respect to the periodicals that are the most active in publishing articles about SCRM, the standouts are International Journal of Production Economics, International Journal of Production Research and Supply Chain Management: An International Journal. Table 9 shows the results of this analysis.

Table 9
List of the 20 periodicals that publish the most articles about SCRM.

4 Perspectives for progress in studies about SCRM

In order to infer about prospects for future SCRM research, this section was subdivided in four parts. The first subsection (4.1) analyzes the main research carried out in the 2004-2015 period; The second subsection (4.2) analyzes the main SCRM models; In the third subsection (4.3) those models are analyzed and suggestions for improvement of these models are presented; The last subsection (4.4) organizes the suggestions for future research made by the SCRM researchers.

4.1 Main SCRM researches

The articles were separated in two phases so that SCRM research behavior along the time can be analyzed. After separating the articles, a Pareto analysis was performed, based on citation database information, aiming to identify the 20% most cited articles in each phase, in order to present the most representative articles.

In the first phase (from 2004 to 2009), the low quantity of articles, as well as their content, which mostly deal with the creation of risk management models for companies, indicate that the concept of risk management was still under development. An example that synthesizes this period is the article wrote by Finch (2004)Finch, P. (2004). Supply chain risk management. Supply Chain Management: An International Journal, 9(2), 183-196. http://dx.doi.org/10.1108/13598540410527079.
http://dx.doi.org/10.1108/13598540410527...
, where the author analyzes the literature about several knowledge areas to develop a risk management model, pointing out the lack of specific literature on this subject.

The most cited articles of the first period are shown in Table 10, in descending order of quantity of citations.

Table 10
Top 20% most-cited articles in 2004-2009.

In the second period (from 2010 to 2015), with the concept of SCRM already consolidated, authors developed more focused risk management researches, in lieu of multidisciplinary researches. Such phenomenon can be explained by the fact that the authors had already availability of massive and comprehensive literature, as well as academic maturity on the subject to make specific revisions on SCRM, instead of conducting multidisciplinary literature reviews, as observed by Olson & Wu (2011)Olson, D. L., & Wu, D. (2011). Risk management models for supply chain: a scenario analysis of outsourcing to China. Supply Chain Management: An International Journal, 16(6), 401-408. http://dx.doi.org/10.1108/13598541111171110.
http://dx.doi.org/10.1108/13598541111171...
. Another fact is that the SCRM theme was explored in both qualitative and quantitative studies, confirming the complexity and comprehensiveness of the theme.

The most cited articles of this second phase are shown in Table 11, also in descending order of reported citations.

Table 11
Top 20% most-cited articles in 2010-2015.

Based on the analysis of those publications, it is expected that future SCRM studies focused on risk management better practices, with work processes well defined, clearly explained and detailed for managerial application purposes. Such scenario would enable the SCRM to be recognized as a business strategy, carrying out proactive actions, with standards of excellence in its practices, making companies and supply chains more robust to face upcoming pressures and regulations, going beyond legal compliance. It is expected to see an increase in SCRM publications, based on a competitive and demanding scenario, technological progress and resources availability.

4.2 Main SCRM models

Jüttner et al. (2003)Jüttner, U., Peck, H., & Christopher, M. (2003). Supply chain risk management: outlining an agenda for future research. International Journal of Logistics: Research & Applications, 6(4), 197-210. http://dx.doi.org/10.1080/13675560310001627016.
http://dx.doi.org/10.1080/13675560310001...
pointed out that events like the so-called “millennium bug”, spikes in fuel prices, hoof and mouth disease in the United Kingdom and terrorist attacks in the United States reveal the vulnerability of modern supply chains. They reviewed the existing literature on supply chain vulnerability and risk management and compared the findings with the perceptions of managers of various industrial, retail and logistics firms, collected through interviews.

Aiming to establish an agenda for better understanding and future studies, they proposed four basic constructs: supply chain risk sources; risk consequences; risk drivers (e.g., globalization, the trend for outsourcing, etc.); and mitigating strategies, as shown in Figure 11.

Figure 11
Basic supply chain risk management model. Source: Jüttner et al. (2003)Jüttner, U., Peck, H., & Christopher, M. (2003). Supply chain risk management: outlining an agenda for future research. International Journal of Logistics: Research & Applications, 6(4), 197-210. http://dx.doi.org/10.1080/13675560310001627016.
http://dx.doi.org/10.1080/13675560310001...
.

Gaonkar & Viswanadham (2007)Gaonkar, R. S., & Viswanadham, N. (2007). Analytical framework for the management of risk in supply chains. IEEE Transactions on Automation Science and Engineering, 4(2), 265-273. http://dx.doi.org/10.1109/TASE.2006.880540.
http://dx.doi.org/10.1109/TASE.2006.8805...
also proposed these same four basic constructs for managing supply chain risks. Cases of SC vulnerability were also noted by Norrman & Jansson (2004)Norrman, A., & Jansson, U. (2004). Ericsson’s proactive supply chain risk management approach after a serious sub-supplier accident. International Journal of Physical Distribution & Logistics Management, 34(5), 434-456. http://dx.doi.org/10.1108/09600030410545463.
http://dx.doi.org/10.1108/09600030410545...
: flooding of the Daimler-Chrysler factory, fire at the factory of a key supplier of Toyota, sudden drop in demand of Cisco and failures in planning for future demand by Nike were some of the examples mentioned by the authors. They also presented the structure and processes implemented by Ericsson after a fire at the plant of one of its suppliers, which caused severe impacts on the company. The model used by that company is based on processes of risk identification; risk evaluation; risk treatment; and risk monitoring, with treatment of incidents and planning for contingencies as parallel actions.

Kleindorfer & Saad (2005)Kleindorfer, P. R., & Saad, G. H. (2005). Managing disruption risks in supply chains. Production and Operations Management, 14(1), 53-68. http://dx.doi.org/10.1111/j.1937-5956.2005.tb00009.x.
http://dx.doi.org/10.1111/j.1937-5956.20...
also described various examples of supply chain ruptures, such as the earthquake in Taiwan in 1999, the terrorist attack on the Twin Towers in 2001 and the blackout in the northeastern United States in 2003. The model proposed by the authors to manage the risk of disruptions and assure greater security of global supply networks includes the establishment of voluntary standards for security; classification of assets and processes in terms of vulnerability; ranking of efforts; and iteration for continuous improvement.

Harland et al. (2003)Harland, C., Brenchley, R., & Walker, H. (2003). Risk in supply networks. Journal of Purchasing and Supply Management, 9(2), 51-62. http://dx.doi.org/10.1016/S1478-4092(03)00004-9.
http://dx.doi.org/10.1016/S1478-4092(03)...
also pointed to the increasing complexity of products and services and rising outsourcing and globalization as factors making supply chains more complex and vulnerable, aspects also mentioned by Singhal et al. (2011)Singhal, P., Agarwal, G., & Mittal, M. L. (2011). Supply chain risk management : review, classification and future research directions. Int. Journal of Business Science and Applied Management, 6(3), 15-42.. The latter authors proposed a tool to identify, evaluate and manage risks and tested it in four cases in the electronics industry. That tool, depicted in Figure 12, is divided into six blocks: supply network mapping (structure of the actors, metrics and responsibilities); identification of risks and their location (type and potential losses); risk evaluation (probability of occurrence, life cycle stage, exposure, possible triggers and potential losses); risk management (developing risk positions and scenarios); collaborative strategy making to face SC risks; and strategy implementation.

Figure 12
Supply network risk management tool. Source: Harland et al. (2003)Harland, C., Brenchley, R., & Walker, H. (2003). Risk in supply networks. Journal of Purchasing and Supply Management, 9(2), 51-62. http://dx.doi.org/10.1016/S1478-4092(03)00004-9.
http://dx.doi.org/10.1016/S1478-4092(03)...
.

Also mentioning the complexity of supply chains, Hallikas et al. (2004)Hallikas, J., Karvonen, I., Pulkkinen, U., Virolainen, V., & Tuominen, M. (2004). Risk management processes in supplier networks. International Journal of Production Economics, 90(1), 47-58. http://dx.doi.org/10.1016/j.ijpe.2004.02.007.
http://dx.doi.org/10.1016/j.ijpe.2004.02...
, Faisal et al. (2006)Faisal, M. N., Banwet, D. K., & Shankar, R. (2006). Supply chain risk mitigation: modeling the enablers. Business Process Management Journal, 12(4), 535-552. http://dx.doi.org/10.1108/14637150610678113.
http://dx.doi.org/10.1108/14637150610678...
and Tuncel & Alpan (2010)Tuncel, G., & Alpan, G. (2010). Risk assessment and management for supply chain networks: a case study. Computers in Industry, 61(3), 250-259. http://dx.doi.org/10.1016/j.compind.2009.09.008.
http://dx.doi.org/10.1016/j.compind.2009...
argued that a typical risk management process is composed of risk identification, risk evaluation; decision and implementation of risk management actions, and risk monitoring.

The model proposed by Ritchie & Brindley (2007)Ritchie, B., & Brindley, C. (2007). An emergent frameworkfor supply chain risk management and performance measure. The Journal of the Operational Research Society, 58(11), 1398-1411. http://dx.doi.org/10.1057/palgrave.jors.2602412.
http://dx.doi.org/10.1057/palgrave.jors....
takes a different approach, proposing five components: context of risks and their drivers; factors influencing risk management (including time frames and portfolio); decision makers (perceptions, profile, attitudes and experiences); responses to risk management (acceptance, avoidance, mitigation and monitoring); and final performance (related to profile, strategic positioning and personnel), as shown Figure 13.

Figure 13
SCRM structure. Source: Ritchie & Brindley (2007)Ritchie, B., & Brindley, C. (2007). An emergent frameworkfor supply chain risk management and performance measure. The Journal of the Operational Research Society, 58(11), 1398-1411. http://dx.doi.org/10.1057/palgrave.jors.2602412.
http://dx.doi.org/10.1057/palgrave.jors....
.

In turn, Wu et al. (2006)Wu, T., Blackhurst, J., & Chidambaram, V. (2006). A model for inbound supply risk analysis. Computers in Industry, 57(4), 350-365. http://dx.doi.org/10.1016/j.compind.2005.11.001.
http://dx.doi.org/10.1016/j.compind.2005...
, focusing on the risks of inbound logistics, sought to identify risk factors, also through a literature review and interviews. They proposed a model to manage these risks composed of four components: classification of SC risks (internally controllable, partly internally controllable, internally uncontrollable, externally controllable, partly externally controllable, and externally uncontrollable); identification of risks in suppliers; calculation of risks by applying the analytic hierarchy planning (AHP) method (Saaty, 1994Saaty, T. L. (1994). How to make a decision: the analytic hierarchy process. Interfaces, 24(6), 19-43.); and computer simulation (O’Kane et al., 2000O’Kane, J. F., Spenceley, J. R., & Taylor, R. (2000). Simulation as an essential tool for advanced manufacturing technology problems. Journal of Materials Processing Technology, 107(1-3), 412-424.).

Kern et al. (2012)Kern, D., Moser, R., Hartmann, E., & Moder, M. (2012). Supply risk management: model development and empirical analysis. International Journal of Physical Distribution & Logistics Management, 42(1), 60-82. http://dx.doi.org/10.1108/09600031211202472.
http://dx.doi.org/10.1108/09600031211202...
also analyzed inbound logistics and proposed a model to manage the associated risks, composed of risk identification; risk evaluation; risk mitigation; and performance in facing risks, also examining the impact of the ongoing improvement process on these constructs, as shown in Figure 14.

Figure 14
SCRM conceptual model. Source: Kern et al. (2012)Kern, D., Moser, R., Hartmann, E., & Moder, M. (2012). Supply risk management: model development and empirical analysis. International Journal of Physical Distribution & Logistics Management, 42(1), 60-82. http://dx.doi.org/10.1108/09600031211202472.
http://dx.doi.org/10.1108/09600031211202...
.

Matook et al. (2009)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. http://dx.doi.org/10.1108/01443570910938989.
http://dx.doi.org/10.1108/01443570910938...
focused on upstream risk management. They proposed a model composed of five components: identification of the risks in suppliers; evaluation of the risks in suppliers; reporting and decision regarding the risks posed by suppliers; responses for managing these risks; and measurement of the performance of suppliers in responding to risk.

Blome & Schoenherr (2011)Blome, C., & Schoenherr, T. (2011). Supply chain risk management in financial crises: a multiple case-study approach. International Journal of Production Economics, 134(1), 43-57. http://dx.doi.org/10.1016/j.ijpe.2011.01.002.
http://dx.doi.org/10.1016/j.ijpe.2011.01...
also focused attention on suppliers, using multiple case studies in eight European enterprises to identify successful experiences and approaches, and developed a model for managing risks during financial crises. The proposed model contains the following steps for managing risks in supply chains and in the central company itself: risk identification; risk analysis; risk mitigation; and risk monitoring.

The analysis of risk management at moments of economic downturns was also the focus of the study by Giannakis & Louis (2011)Giannakis, M., & Louis, M. (2011). A multi-agent based framework for supply chain risk management. Journal of Purchasing and Supply Management, 17(1), 23-31. http://dx.doi.org/10.1016/j.pursup.2010.05.001.
http://dx.doi.org/10.1016/j.pursup.2010....
, who presented a model of a multi-agent system to support decisions on management of ruptures and mitigation of risks in manufacturing supply chains. The risk management process is composed of four stages: risk identification; risk evaluation; decision and implementation of risk management actions; and optimization.

Cohen & Kunreuther (2007)Cohen, M. A., & Kunreuther, H. (2007). Operations risk management: overview of Paul Kleindorfer’s contributions. Production and Operations Management, 16(5), 525-541., on the other hand, proposed a more detailed model SCRM, composed of: risk evaluation and analysis; risk modeling; formulation of risk management strategies; and evaluation of strategies, as can be seen in Figure 15.

Figure 15
Conceptual structure for risk analysis. Source: Adapted from Cohen & Kunreuther (2007)Cohen, M. A., & Kunreuther, H. (2007). Operations risk management: overview of Paul Kleindorfer’s contributions. Production and Operations Management, 16(5), 525-541..

Manuj & Mentzer (2008a)Manuj, I., & Mentzer, J. T. (2008a). Global supply chain risk management strategies. International Journal of Physical Distribution & Logistics Management, 38(3), 192-223. http://dx.doi.org/10.1108/09600030810866986.
http://dx.doi.org/10.1108/09600030810866...
, who unlike the authors of the previously mentioned articles, focused on global supply chains, indicated a process to manage and mitigate risks with this scope composed of five steps: risk identification (classified as supply, operations, demand and security); risk analysis and evaluation (analysis of decisions, case studies and support in perception); selection of appropriate risks to manage (i.e., the proposed strategy: avoid, postpone, speculate, limit, control, share/transfer and insure); implementation of strategies (having as facilitators management of complexity, organizational learning, information technology and performance indicators); and risk mitigation (preparing for unforeseen events), as indicated in Figures 16 and 17.

Figure 16
A five-step SCRM process. Source: Manuj & Mentzer (2008b)Manuj, I., & Mentzer, J. T. (2008b). Global supply chain risk management. Journal of Business Logistics, 29(1), 133-155. http://dx.doi.org/10.1002/j.2158-1592.2008.tb00072.x.
http://dx.doi.org/10.1002/j.2158-1592.20...
.
Figure 17
SCRM structure. Source: Manuj & Mentzer (2008b)Manuj, I., & Mentzer, J. T. (2008b). Global supply chain risk management. Journal of Business Logistics, 29(1), 133-155. http://dx.doi.org/10.1002/j.2158-1592.2008.tb00072.x.
http://dx.doi.org/10.1002/j.2158-1592.20...
.

4.3 Findings on the process of conducting SCRM and its steps

Analysis of the literature on SCRM indicated that the majority of researchers on the theme advocate that knowledge emerges as an important process in SCM, with the main objective of identifying the potential sources of risks and suggesting suitable measures to mitigate them.

Nevertheless, we also noted a lack of consensus among these same researchers regarding the steps that should be developed in SCRM, both the number and their actions. For example, Wu et al. (2006)Wu, T., Blackhurst, J., & Chidambaram, V. (2006). A model for inbound supply risk analysis. Computers in Industry, 57(4), 350-365. http://dx.doi.org/10.1016/j.compind.2005.11.001.
http://dx.doi.org/10.1016/j.compind.2005...
, Khan & Burnes (2007)Khan, O., & Burnes, B. (2007). Risk and supply chain management: creating a research agenda. The International Journal of Logistics Management, 18(2), 197-216. http://dx.doi.org/10.1108/09574090710816931.
http://dx.doi.org/10.1108/09574090710816...
, Oehmen et al. (2009)Oehmen, J., Ziegenbein, A., Alard, R., & Schonsleben, P. (2009). System-oriented supply chain risk management. Production Planning and Control, 20(4), 343-361. http://dx.doi.org/10.1080/09537280902843789.
http://dx.doi.org/10.1080/09537280902843...
and Singhal et al. (2011)Singhal, P., Agarwal, G., & Mittal, M. L. (2011). Supply chain risk management : review, classification and future research directions. Int. Journal of Business Science and Applied Management, 6(3), 15-42. all argue that SCRM should involve at least three steps, which differ in their procedures depending on the authors.

Other authors, like Hallikas et al. (2004)Hallikas, J., Karvonen, I., Pulkkinen, U., Virolainen, V., & Tuominen, M. (2004). Risk management processes in supplier networks. International Journal of Production Economics, 90(1), 47-58. http://dx.doi.org/10.1016/j.ijpe.2004.02.007.
http://dx.doi.org/10.1016/j.ijpe.2004.02...
, Kleindorfer & Saad (2005)Kleindorfer, P. R., & Saad, G. H. (2005). Managing disruption risks in supply chains. Production and Operations Management, 14(1), 53-68. http://dx.doi.org/10.1111/j.1937-5956.2005.tb00009.x.
http://dx.doi.org/10.1111/j.1937-5956.20...
, Manuj & Mentzer (2008a) Manuj, I., & Mentzer, J. T. (2008a). Global supply chain risk management strategies. International Journal of Physical Distribution & Logistics Management, 38(3), 192-223. http://dx.doi.org/10.1108/09600030810866986.
http://dx.doi.org/10.1108/09600030810866...
and Tummala & Schoenherr (2011)Tummala, R., & Schoenherr, T. (2011). Assessing and managing risks using the Supply Chain Risk Management Process (SCRMP). Supply Chain Management: An International Journal, 16(6), 474-483. http://dx.doi.org/10.1108/13598541111171165.
http://dx.doi.org/10.1108/13598541111171...
, advocate different procedures, with more than three steps. In this respect, Ritchie & Brindley (2007)Ritchie, B., & Brindley, C. (2007). An emergent frameworkfor supply chain risk management and performance measure. The Journal of the Operational Research Society, 58(11), 1398-1411. http://dx.doi.org/10.1057/palgrave.jors.2602412.
http://dx.doi.org/10.1057/palgrave.jors....
urge the use of seven steps for supply chain risk management. Chart 1 presents a summary of these findings, based on the works of 23 groups of authors who have addressed the steps of SCRM.

Chart 1
Steps suggested for SCRM by various authors who have studied the theme.

As is intuitive, the problems in supply chains do not always present the same demands, and hence the same solution methods. Nevertheless, analysis of Chart 1 shows that:

  • 86.96% of the works mention the “Identification of Risks” as a step;

  • 82.61% mention “Assessment of Risks” as a step;

  • 60.87% mention “Proposal of Strategies” as a step; and

  • 56.52% mention “Mitigation of Risks” as a step.

In light of this, the question arises: Why is “Control of Risks” not judged more relevant for SCRM? This question is justified because only 30.43% of the articles analyzed mention this step.

Although our focus is not on analyzing the intrinsic definition of each of the steps indicated in Chart 1, we assume that some of these steps are only variants with the same basic meaning, such as “Monitoring of Risks” and “Control of Risks”. That analysis is no more than a supposition, because of the 23 studies, three do not agree with this observation, by considering these steps as being complementary (Hallikas et al., 2004Hallikas, J., Karvonen, I., Pulkkinen, U., Virolainen, V., & Tuominen, M. (2004). Risk management processes in supplier networks. International Journal of Production Economics, 90(1), 47-58. http://dx.doi.org/10.1016/j.ijpe.2004.02.007.
http://dx.doi.org/10.1016/j.ijpe.2004.02...
; Ritchie & Brindley, 2007Ritchie, B., & Brindley, C. (2007). An emergent frameworkfor supply chain risk management and performance measure. The Journal of the Operational Research Society, 58(11), 1398-1411. http://dx.doi.org/10.1057/palgrave.jors.2602412.
http://dx.doi.org/10.1057/palgrave.jors....
; Tummala & Schoenherr, 2011Tummala, R., & Schoenherr, T. (2011). Assessing and managing risks using the Supply Chain Risk Management Process (SCRMP). Supply Chain Management: An International Journal, 16(6), 474-483. http://dx.doi.org/10.1108/13598541111171165.
http://dx.doi.org/10.1108/13598541111171...
). Therefore, further research is necessary on this question.

Another important aspect is “how” to carry out each step of SCRM, i.e., what “tools”, “techniques”, “approaches” and “procedures” should be used, for example, to “identify”, “assess”, “mitigate” and “monitor” the risks to supply chains. The majority of the 248 articles analyzed in this study do not “teach” readers, be they business executives or other researchers, “how” to conduct SCRM.

4.4 Recommendations for future research into SCRM

In this step, we used the 248 articles surveyed to note the suggestions for future research made by the authors, as shown in Table 12. The purpose of this table is to guide potential researchers about topics that have yet to be analyzed (gaps) in the relevant literature, but that have been mentioned as important in the respective articles.

Table 12
Recommendations for future research into SCRM, in chronological order.

To delimit the results presented in Table 12, we mention that we did not investigate whether any of the recommendations became themes of other studies, so it is likely that some of these suggestions have been examined by other researchers.

5 Conclusions

This survey analyzed 248 articles published about SCRM obtained from five databases (Scopus, Web of Science, Science Direct, Emerald Insight and Ingenta Connect), employing the research profiling technique, applied with the VantagePoint® software. The study covered only articles in English-language periodicals, published from 2004 until the end of 2015. The data were gathered in March 2016, and of the 543 works initially obtained (see Table 1), 295 were dropped because of overlap between two or more of the databases.

By responding to the questions (i) Who are the most productive authors? (ii) What periodicals publish the most articles in the area studied? (iii) What institutions are most productive? (iv) What countries are most representative in the production in the area? (v) Who are the most referenced authors? (vi) What are the most referenced periodicals? (vii) What years have seen the largest number of citations? (viii) When were the largest volume of articles in the area published? and (ix) What keywords are most used?, this study achieved its main objective, of mapping the field of research in the area of SCRM.

We hope that the results presented here will save time and contribute to advances in research and learning about SCRM, for example:

  • By knowing that the institution that is most active in publication on this subject is the University of North Texas, people interested in the theme can seek to develop research projects with members of this university;

  • By knowing that the leading authors in terms of number of publications are Backhurst (six articles), Samvedi (five articles) and Wagner, Ekwall, Khan, Manuj and Olson (four articles each), students/researchers of the theme can seek guidance from and/or partnerships with these authors;

  • By knowing that the most used key expressions on the theme are “Supply Chain Risk Management”, “Risk Management” and “Supply Chain Management”, researchers into SCRM can use these in their searches of databases;

  • By knowing that the periodicals that have published the most articles are International Journal of Production Economics, International Journal of Production Research and Supply Chain Management: An International Journal, companies that are interested in knowing more about SCRM can start their searchers in these periodicals;

  • By knowing that the most cited authors are, in this order, Christopher, Tang, Chopra and Zsidisin, researchers interested in SCRM can give priority to analyzing studies by these authors; and

  • By knowing that of the 248 articles found in five databases, that 95% are in Scopus or Web of Science, those interested in the subject can concentrate their research in these bases.

Besides these results, we observed that: (i) 75% of the publications about SCRM are concentrated in the last five years of the period analyzed (2011-2015); (ii) the authors most often cited are not those who have published the most articles on the subject; (iii) the three most-cited periodicals are together responsible for nearly a third of all the citations (of the 20 most cited); and (iv) the countries with the most publications are the United States, with 69 publications, and China, with 37 (these two countries together account for more than 40% of the publications on SCRM).

Another relevant contribution is the development of Table 12, in which we summarize the authors’ recommendations for future research. Although this step of the survey is a bibliographical review instead of research profiling, we believe it is pertinent to present it, since our intention here is to contribute to the development of research into SCRM. We believe Table 12 can help researchers interested in studying the theme to choose new avenues for analysis.

This study makes a particular contribution to the conduction of future research on SCRM. In this context, we performed an analysis of how the authors on the subject have proposed to carry out SCRM. During the bibliographic review, we found a lack of consensus among the 23 authors who have addressed the steps of SCRM in their articles. Some researchers have described three steps for SCRM while others have urged up to seven steps. Because of this lack of standardization, Chart 1 points to 13 “different” steps to carry out SCRM. We assume, however that after more thorough studies about the content of these authors’ articles, considering how each article defined each proposed step, it will be possible to harmonize these 13 steps into a smaller number. To corroborate or refute this assumption, we recommend this be a topic for future research into SCRM.

Finally, based on the analysis of the 248 articles surveyed, it is expected that future SCRM studies focused on risk management better practices, with work processes well defined, clearly explained and detailed for managerial application purposes.

  • Financial support: none.

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Publication Dates

  • Publication in this collection
    22 June 2017
  • Date of issue
    Oct-Dec 2018

History

  • Received
    14 Oct 2016
  • Accepted
    13 Feb 2017
Universidade Federal de São Carlos Departamento de Engenharia de Produção , Caixa Postal 676 , 13.565-905 São Carlos SP Brazil, Tel.: +55 16 3351 8471 - São Carlos - SP - Brazil
E-mail: gp@dep.ufscar.br