Abstract
Risks in supply chains represent one of the major business issues today. Since every organization strives for success and uninterrupted operations, efficient supply chain risk management is crucial. During supply chain risk research at the Faculty of Logistics in Maribor (Slovenia) some key issues in the field were identified, the major being the lack of instruments which can make risk management in an organization easier and more efficient. Consequently, a model which captures and describes risks in an organization and its supply chain was developed. It is in accordance with the general risk management and supply chain security standards, the ISO 31000 and ISO 28000 families. It also incorporates recent finding from the risk management field, especially from the viewpoint of segmenting of the public. The model described in this paper focuses on the risks itself by defining them by different key dimensions, so that risk management is simplified and can be undertaken in every supply chain and organizations within them. Based on our mode and consequent practical research in actual organizations, a freely accessible risk catalog has been assembled and published online from the risks that have been identified so far. This catalog can serve as a checklist and a starting point in supply chain risk management in organizations. It also incorporates experts from the field into a community, in order to assemble an ever growing list of possible risks and to provide insight into the model and its value in practice.
Highlights
No company today can operate in a completely secure environment without risk, deriving from supply chains, considering trends of globalization and global sourcing
We can say that the process of risk management is crucial for uninterrupted operations of companies in all fields of business and supply chain risk management is "a process that supports the achievement of supply chain management objectives" (Gaudenzi & Borghesi, 2006) through the whole supply chain, in a single company
The output we got from this preliminary test and subsequent testing is a catalog of identified risks, where each risk is defined or categorized according to different dimensions that will be explained later in the paper. As this test was well accepted by the test companies we have reason to believe that we are on the right path to achieving our goal, which is to develop a widely usable model for supply chain risk assessment
Summary
No company today can operate in a completely secure environment without risk, deriving from supply chains, considering trends of globalization and global sourcing. When considering risk management in organizations and in the supply chains they form, following certain guidelines is advised to ensure the process is thorough and efficient. A model for efficient supply chain risk assessment in organizations was developed This model was tested in real life; the pilot testing was done on an actual logistics company that focuses mainly on warehousing. The output we got from this preliminary test and subsequent testing is a catalog of identified risks, where each risk is defined or categorized according to different dimensions that will be explained later in the paper As this test was well accepted by the test companies we have reason to believe that we are on the right path to achieving our goal, which is to develop a widely usable. Our goal is to implement a webbased catalog of supply chain risks, which is published under the Creative Common License, allowing everyone to use the catalog as a reference and to propose changes and additions to it
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