Tag Archives: principal-agent

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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Risk in supply networks – a tale of principals and agents

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Revised on: 2015-09-13

Sometimes the most interesting articles are found outside the mainstream journals of ones field, and so it is with  Seu Keow Cheng and Bon Hooi Kam (2008) A conceptual framework for analyzing risk in supply networks, found in the Journal of Enterprise Information Management, a very unlikely journal for finding a paper on supply chain risk. It is not often that I see a paper focusing on the network relationships risks rather than the network risks, let alone applying the principal-agent theory so elegantly.

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