Ivana Dvorski Lacković, Marijana Bubanić, Vladimir Kovšca – A LITERATURE SURVEY ON RISK MANAGEMENT IN SUPPLY CHAINS

Ivana Dvorski Lacković, Marijana Bubanić, Vladimir Kovšca – A LITERATURE SURVEY ON RISK MANAGEMENT IN SUPPLY CHAINS

Ivana Dvorski Lacković
University Center Varaždin, Faculty of Organization and Informatics, Croatia
E-mail: ivana.dvorski@foi.hr

Marijana Bubanić
University Center Varaždin, Faculty of Organization and Informatics, Croatia
Email: mabubanic@foi.hr

Vladimir Kovšca
University Center Varaždin, Faculty of Organization and Informatics, Croatia
E-mail: vladimir.kovsca@foi.hr

Abstract

Adequate functioning of the supply chain is one of the key prerequisites for successful functioning of business activities within contemporary organizations. Globalisation of business activities, related to advances in information technology and its effects on the supply chain activities, may lead to increased risk in any part of the supply chain, especially in terms of the company not being able to optimize its supply chain activities. Failures or inadequacies in any part of the supply chain may result in significant financial or reputational loss for the company. It is therefore crucial for companies to manage its supply chain risks properly. The aims of this paper are: (1) to present a comprehensive overview of literature related to supply chain risk management, based on which aspects of risk management and advances in this area that may be related to supply chain will be evaluated and (2) to give suggestions for improvement and future research in the analysed area. Special accentuation is put on holistic view on risk management in the company, having on mind that this view leads to optimization of risks and adding value to the company.

Key words: supply chains, risk management, holistic view

Last Update: October 18, 2018  

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October 18, 2018   40    BLMM 2018  
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