12 Int. J. Supply Chain and Operations Resilience, Vol. 2, No. 1, 2016
Copyright © 2016 Inderscience Enterprises Ltd.
Supply chain risk management: creating an agenda
for future research
Abroon Qazi*
Management Science Department,
Strathclyde Business School,
40 George Street, Glasgow G1 1QE, UK
Email: abroon.qazi@strath.ac.uk
*Corresponding author
Barbara Gaudenzi
Business Administration Department,
University of Verona,
Via dell’ Artigliere 19 37129, Verona, Italy
Email: barbara.gaudenzi@univr.it
Abstract: Supply chains are becoming globalised and resulting complex
interaction between supply chain actors and increasing interdependency
between supply chain risks pose a real challenge in modelling and managing
these risks. The purpose of this paper is to conduct a comprehensive review of
literature in the field of ‘supply chain risk management’ and identify important
research gaps for future research. We have adopted the method of ‘systematic
literature review’ using text mining software and examined peer-reviewed
articles published over a period of last 15 years (2000–2014). Keeping in view
the interdependent nature of interaction between supply chain risks, there is an
urgent need of developing taxonomy of risks representing causal chains of
risk sources, risk events and consequences instead of relying on the existing
conventional classifications that assign risks to independent categories.
Existing techniques have either considered risks as independent factors or
focused on solving specific problems resulting in unrealistic and sub-optimal
solutions respectively. We propose a new risk management framework that can
help researchers model interdependency between supply chain risks and enable
practitioners visualise dynamic and holistic interaction between these risks
across multiple facets of a supply network.
Keywords: interdependency between supply chain risks; supply chain actors;
supply chain risk management; SCRM; research gaps; systematic literature
review; SLR; text mining software; taxonomy of risks; causal chains; risk
management framework; dynamic and holistic interaction; supply network.
Reference to this paper should be made as follows: Qazi, A. and Gaudenzi, B.
(2016) ‘Supply chain risk management: creating an agenda for future research’,
Int. J. Supply Chain and Operations Resilience, Vol. 2, No. 1, pp.12–50.
Biographical notes: Abroon Qazi received his BE in Aerospace Engineering
from the National University of Sciences and Technology, Pakistan and MSc in
Mechanical Engineering from the University of Engineering and Technology,
Peshawar, Pakistan. He has qualified all the preliminary exams from the
Society of Actuaries, USA. He has been involved in a number of research