TY - JOUR
T1 - Managing Risk in Strategic Sourcing
T2 - A Cross-Sectional and Multi-National Case Study
AU - Kotula, Martin
AU - Ho, William
AU - Talluri, Srinivas
AU - Dey, Prasanta K
AU - Ma, Xin
N1 - © 2018 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
PY - 2018/7/5
Y1 - 2018/7/5
N2 - While risk management in supply chains is continuing to receive significant attention in the extant literature, research on risk aspects relating to strategic sourcing across various industry sectors from a multinational perspective is scant. Based on 20 case companies in the construction and electronics sectors in Germany and the United Kingdom, this paper undertakes a comparative evaluation of strategic sourcing risk management practices. We find that risk management has not been adopted fully across industries and countries from a strategic sourcing perspective and that differences exist with respect to risk factors considered, methods adopted to analyze risk, and impact on business performance. Our research presents several significant and useful insights for managing risks in strategic sourcing.
AB - While risk management in supply chains is continuing to receive significant attention in the extant literature, research on risk aspects relating to strategic sourcing across various industry sectors from a multinational perspective is scant. Based on 20 case companies in the construction and electronics sectors in Germany and the United Kingdom, this paper undertakes a comparative evaluation of strategic sourcing risk management practices. We find that risk management has not been adopted fully across industries and countries from a strategic sourcing perspective and that differences exist with respect to risk factors considered, methods adopted to analyze risk, and impact on business performance. Our research presents several significant and useful insights for managing risks in strategic sourcing.
UR - https://ieeexplore.ieee.org/document/8404062/?tp=&arnumber=8404062&contentType=Journals%20%26%20Magazines&dld=YXN0b24uYWMudWs%3D&source=SEARCHALERT
U2 - 10.1109/EMR.2018.2835476
DO - 10.1109/EMR.2018.2835476
M3 - Article
SN - 0360-8581
VL - 46
SP - 74
EP - 86
JO - IEEE Engineering Management Review
JF - IEEE Engineering Management Review
IS - 2
ER -