Supply chain risk management in SMEs: analysing the barriers Online publication date: Mon, 30-Apr-2007
by Mohd Nishat Faisal, D.K. Banwet, Ravi Shankar
International Journal of Management and Enterprise Development (IJMED), Vol. 4, No. 5, 2007
Abstract: The purpose of this paper is to identify barriers to risk management in supply chains of Small and Medium-sized Enterprises (SMEs) and to understand their mutual relationships. Interpretive Structural Modelling (ISM) was applied to present a hierarchy-based model and the contextual relationships among these barriers. The research shows that there exists a group of barriers that have high driving power and low dependence and are of strategic importance. The proposed model provides a useful tool for SME supply chain managers to focus on those variables that are most important for effective risk management in supply chains.
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