Supply risk mitigation: a multi-theoretical perspective
通过讨论风险与不确定性、变异性和信任的关系,结合澳大利亚制造商与中国供应商的案例,研究了信息共享和信任如何缓解供应风险。
Due to the increasing level of supply risk, it is imperative to obtain a better understanding of the nature of risk which is a premise to developing well-grounded risk mitigation strategies. This paper examines how to mitigate supply risk enlightened by discussing the concept of risk in association of three closely related concepts which are uncertainty, variability and trust. The proposed three perspectives are supported and explained using four case studies comprising of two manufacturers based in Australia and four suppliers based in China. The study provides evidence that supply risk can be mitigated by high level of information and knowledge sharing as well as building trust, commitment and goal congruence in a buyer–supplier relationship. It offers theoretical and managerial implications.