Business, Management and Accounting
6 years ago

Tailoring Risk Management to Stakeholder Needs Boosts Supply Chain Value.

Springer series in supply chain management
What Value for Whom in Risk Management?—A Multi-value Perspective on Risk Management in an Engineering Project Supply Chain
Pelle Lundquist Willumsen, Josef Oehmen, Mónica Rossi, Torgeir Welo

Paper Summary

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Supply chain risk management in engineering projects can lose sight of creating value for stakeholders. By focusing on different stakeholders' perspectives, tailored risk management can be developed while aligning with overall supply chain goals. A model was created based on case studies and literature to capture stakeholders' value perspectives, categorized into outcome and process quality. This model helps identify and address alignment issues in supply chain risk management activities.