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Decentralized Supply Risk ManagementGoker AydinUniversity of Michigan at Ann Arbor - Department of Industrial and Operations Engineering Volodymyr BabichGeorgetown University - McDonough School of Business Damian R. BeilUniversity of Michigan - Stephen M. Ross School of Business Zhibin YangUniversity of Oregon - Charles H. Lundquist School of Business; University of Michigan at Ann Arbor - Department of Industrial and Operations Engineering September 28, 2010 Abstract: In a 2008 survey of 138 companies, 58% reported that they suffered financial losses within the last year due to a supply disruption. This article emphasizes the challenges and opportunities in supply risk management arising from the decentralized nature of supply chains and highlight how supply risks influence the interactions among firms in supply networks, review insights into decentralized supply risk management from the extant academic research and point out important future research directions.
Number of Pages in PDF File: 35 Keywords: Supply Risk, Supply Disruptions, Competition, Asymmetric Information, Mechanism Design working papers seriesDate posted: May 28, 2010 ; Last revised: April 3, 2012Suggested CitationContact Information
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