Title: Responsible buying practices in supply risk management

Authors: Anni-Kaisa Kähkönen; Katrina Lintukangas; Jukka Hallikas; Pietro Evangelista

Addresses: School of Business and Management, Lappeenranta University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland ' School of Business and Management, Lappeenranta University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland ' School of Business and Management, Lappeenranta University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland ' Research Institute on Innovation and Services for Development (IRISS), National Research Council (CNR), Via G. Sanfelice, 8, 80134 Naples, Italy

Abstract: Supply management is responsible for the management of a firm's supply network and risks arising from the supply base. Thus, defined principles and practices related to responsibility of purchasing are highly critical. The aim of this paper is to discuss the role of responsible buying practices in supply risk management. This is examined by utilising quantitative survey data collected in Finland. The results show that responsible buying practices correlate positively with supply risk management. However, there are differences in terms of risk type. The empirical data showed that the more attention paid to corporate social responsibility (CSR), third-party and delivery risks, the higher the usage of responsible buying practices. Furthermore, it was found that country risk does not correlate with CSR risk and third-party risk, and risks vary according to the industry and nature of business.

Keywords: supply chain management; SCM; supply chain risks; risk management; sustainability; responsible buying practices; corporate social responsibility; CSR risks; third-party risk; delivery risks; country risk; Finland.

DOI: 10.1504/IJISM.2016.081282

International Journal of Integrated Supply Management, 2016 Vol.10 No.3/4, pp.309 - 329

Received: 20 Oct 2015
Accepted: 13 Oct 2016
Published online: 01 Jan 2017 *

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