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Professor

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Submitted By zhongyao
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The current issue and full text archive of this journal is available at www.emeraldinsight.com/0144-3577.htm

Supply chain risk management and performance
A guiding framework for future development
Bob Ritchie
Lancashire Business School, University of Central Lancashire, Preston, Lancashire, UK, and

Supply chain risk management and performance 303

Clare Brindley
Head of Department, Lancashire Business School, University of Central Lancashire, Preston, Lancashire, UK
Abstract
Purpose – The purpose of this paper is to examine the constructs underpinning risk management and explores its application in the supply chain context through the development of a framework. The constructs of performance and risk are matched together to provide new perspectives for researchers and practitioners. Design/methodology/approach – The conceptual and empirical work in the supply chain management field and other related fields is employed to develop a conceptual framework of supply chain risk management (SCRM). Risk in the supply chain is explored in terms of risk/performance sources, drivers, consequences and management responses, including initial approaches to categorization within these. Two empirical cases are used to illustrate the application of the framework. Findings – A new framework is presented that helps to integrate the dimensions of risk and performance in supply chains and provide a categorisation of risk drivers. Research limitations/implications – SCRM is at an early stage of evolution. The paper provides a clarification of the dimensions and constructs within this field together with directions for future research and development. Practical implications – The focus on performance in terms of efficiency and effectiveness linked to risk drivers and risk management responses provides insights to managing and measuring risk in supply chains. Originality/value – The paper

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