Finally it appears that someone has developed an easy, hands-on, not-so-academic and straightforward approach to global supply chain risk management: Global Supply Chain Risk Management by Ila Manuj and John T Mentzer. When I say finally, it is because it is not often that I come across papers that have fully grasped the concept of supply chain risk management and made it look so easy at the same time. In their very recent paper they develop a global supply chain framework and a five-step approach for global supply chain risk management and mitigation.

Postscript: As I later discovered, there are in fact two separate articles, by the same authors, Ila Manuj and John T. Mentzer, with almost the same title, published the same year, 2008, in two different journals. Click here for Global Supply Chain Risk Management Strategies by Manuj and Mentzer.

Continue reading →