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Perspectives on risk management in supply chains
Author(s) -
Narasimhan Ram,
Talluri Srinivas
Publication year - 2009
Publication title -
journal of operations management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.649
H-Index - 191
eISSN - 1873-1317
pISSN - 0272-6963
DOI - 10.1016/j.jom.2009.02.001
Subject(s) - supply chain , outsourcing , business , supply chain management , supply chain risk management , competitive advantage , risk management , industrial organization , control (management) , service management , risk analysis (engineering) , marketing , economics , management , finance
Managing risk in supply chains is an important topic in supply chain management. The topic's importance is due to several industry trends currently in place: increase in strategic outsourcing by firms, globalizations of markets, increasing reliance on suppliers for specialized capabilities and innovation, reliance on supply networks for competitive advantage, and emergence of information technologies that make it possible to control and coordinate extended supply chains. This article identifies some important aspects of risk management in supply chains and summarizes the four articles that are in this special issue. This emerging area of research interest deserves considerable attention and it is our hope that the articles in this special issue would spur additional research on this important topic.