Um, Juneho and Han, Neungoh (2024) Risk management strategy for supply chain sustainability and resilience capability. Risk Management, 26 (2). DOI https://doi.org/10.1057/s41283-023-00138-w
Um, Juneho and Han, Neungoh (2024) Risk management strategy for supply chain sustainability and resilience capability. Risk Management, 26 (2). DOI https://doi.org/10.1057/s41283-023-00138-w
Um, Juneho and Han, Neungoh (2024) Risk management strategy for supply chain sustainability and resilience capability. Risk Management, 26 (2). DOI https://doi.org/10.1057/s41283-023-00138-w
Abstract
Supply chain sustainability-related risks that have an undesirable environmental, social and economic impact result in global supply chain uncertainty and complexity. This paper investigates the relationships between supply chain sustainability risks, global uncertainty and mitigating strategies to attain supply chain resilience capability. The paper suggests the supply chain resilience capability and four fundamental risk-mitigating strategies to cope with supply chain sustainability risks. Data collected via survey were employed for structural equation modelling and moderation tests to explore appropriate mitigating strategies for differing sustainability risk environments. The results suggest a structural procedure for better supply chain resilience under diverse sustainability risks. Inspired by the literature gap, the study empirically examines how sustainability risks and global uncertainty influence supply chain resilience and provides the most effective risk management strategies among accept, avoid, control, share/transfer according to different sustainability risks. There is a lack of empirical research investigating how to address the supply chain sustainability risk through the provision of effective mitigating strategies for better supply chain resilience capability. The results provide insight for future research in supply chain resilience and sustainability studies.
Item Type: | Article |
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Uncontrolled Keywords: | Supply chain sustainability; Global supply chain uncertainty; Supply chain resilience; Risk management strategy; Structural equation modelling |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Essex Business School |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 12 Apr 2024 10:56 |
Last Modified: | 12 Apr 2024 10:56 |
URI: | http://repository.essex.ac.uk/id/eprint/37459 |
Available files
Filename: s41283-023-00138-w.pdf
Licence: Creative Commons: Attribution 4.0