Tag Archives: dyadic business relationships

Supply Chain Risk Management – A relationship approach

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Revised on: 2015-09-09

I could have just re-used the title on my post on risks in supply networks from a couple days ago and called this post “Another tale of principals and agents”, but it’s not that simple. In Risk assessment and relationship management: practical approach to supply chain risk management, Ritchie, Claire & Armstrong (2008) do use the principal-agent theory, but their main issue is the introduction of a new term: risk portfolio management.

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Vulnerability in business relationships

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Revised on: 2015-09-23

Today’s journal article review is an article by professor Göran Svensson from Halmstad University in Sweden. He is one of the first academic contributors to the field of supply chain risk, beginning around 1999. Vulnerability in business relationships was published in 2004, and it came to my attention because a lot of the literature on managaging an mitigating supply chain risk focuses on building relationships with suppliers. Trust and dependence are major components of a dyadic business relationship and therefore, important to discuss.

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