Title: Supplier risk in building B2B relationships - portfolio models approach
Authors: Grażyna Wieteska
Addresses: Department of Logistics, Faculty of Management, University of Lodz, 22/26 Matejki Str., 90-237 Lodz, Poland
Abstract: Nowadays, more and more companies notice that the cooperation with suppliers can be a way of gaining the competitive advantage. On the other hand, suppliers are the source of serious disruptions for the supply chains. The main aim of this paper is to analyse the supplier operational and strategic risk in terms of the portfolio B2B models, what can be a starting point for a comprehensive supplier risk reduction. Using empirical results from 165 respondents the barriers to effective supplier risk management were examined. This issue has not been studied and presented in the literature earlier. Collected survey data show that one of the main problems is lack of involvement of suppliers in developing the cooperation. Knowledge of the barriers allows managers to intensify improvement activities in the weakest areas of the relationship. It is also important to identify effective tools for overcoming identified barriers and take into account different sectors. This can be pursued in the future research.
Keywords: portfolio models; B2B relationship; business-to-business; risk management; supplier risk; operational risk; strategic risk; supply chain management; SCM; supplier relationship management; modelling; supplier involvement; cooperation.
International Journal of Supply Chain and Operations Resilience, 2014 Vol.1 No.1, pp.104 - 120
Received: 23 Oct 2013
Accepted: 27 Feb 2014
Published online: 31 Oct 2014 *