Tag Archives: Zsidisin George

Supply chain risk – in your head?

The risk perception an individual supply chain professional has influences the risk management strategies this individual chooses to mitigate the effect of potential supply chain disruptions.  But does risk perception influence the occurrence of disruptions? In other words, if you think you are at risk, are you actually more likely to experience disruptions than if you think you are not at risk? Enhancing supply chain resilience with flexibility and redundancy is one way to counter supply chain disruptions. But do the chosen resilience measures actually play a moderating role in reducing the frequency of supply chain disruptions? That is what George Zsidisin and Stephan Wagner investigate in their newest article, Do Perceptions Become Reality? The Moderating Role of Supply Chain Resiliency on Disruption Occurrence. This article paints an interesting picture of how supply chain professionals view risk, which risk they perceive and what they do in reaction to these risks.

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A grounded definition of supply risk

Risk has many facets and has been studied widely in many settings for many decades. But risk in a supply chain management context is a rather new field of study, just as supply chain management is a new field of research. At least it was in 2003, when George Zsidisin decided to write his definition of supply risk. In A grounded definition of supply risk he discusses several existing definitions, investigates how purchasing organizations define their own risk, and develops a holistic definition that encompasses both the causes and the consequences of supply risk.

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Book Review: Supply Chain Risk

A comment on a a previous book review – Supply Chain Risk Managament by Donald Waters – prompted me to write this review on a new book on supply chain risk which adresses the commenters concern, namely the lack of scientific or academic usefulness. Where Donald Water’s book was written with the manager in mind, this book – Supply Chain Risk – A Handbook of Assessment, Managment and Performance – by George Zsidisin and Bob Ritchie, is a collection of contributions from established and not so established, renown and not so well-known scholars and practitioners in the field of supply chain risk.

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