It’s not that there are no articles on supply chain risk management anymore. But after writing on current research in the last weeks (like the one on system failure here) I have been wondering more about the foundations of supply chain management in general. So I decided to review an article today on general supply chain management research, in this case a literature review by Sachan and Datta (2005).
Do supply chain strategies evolve over time? Are there the same strategic options nowadays compared to 20 years ago?
Since at least the meaning of the term logistics has evolved during the last 20 years, especially due to the emergence of supply chain management, logistics and supply chain management are used interchangeable in this article.
Even though supply chain risk has been analyzed in the literature for some time (eg. the Newsvendor / Newsboy problem, with the only uncertainty being demand). Nevertheless there are still many gaps (or opportunities) within this field.
In 2007 Khan and Burnes created a research agenda for the future and most of the topics covered still can be viewed as open.
Major Issues
The authors identify two major shortcomings of the current literature.
1) Locate itself within the wider literature on the theory of risk and the practice of risk management
The journals with relevant articles for Supply Chain Risk Management can be very diverse. First one would think about which fields and respective journals are relevant and where can one expect to find articles concerning supply chain risks?
