Title: An integrated structural modelling and MICMAC analysis for supply chain disruption risk classification and prioritisation in India
Authors: Aswin Alora; Mukesh K. Barua
Addresses: Department of Management Studies, Indian Institute of Technology Roorkee, 247667, India ' Department of Management Studies, Indian Institute of Technology Roorkee, 247667, India
Abstract: Supply chain disruptions can have severe impacts on a firm. Realising the importance of the matter, this study aims at identifying and prioritising the risks associated with supply chain disruption as faced by Indian manufacturing sector. A two-phase methodology is used for achieving the objectives - the first phase involves the identification and finalisation of supply chain disruption risks through literature review and expert opinion using Delphi technique, and the second phase involves deriving the interrelationships between the risk factors and classification based on the influence and dependence power by using interpretive structural modelling (ISM) and MICMAC methodology. Environmental risk factors and supplier risk factors have become the strong drivers of other supply chain uncertainties. The outcomes of the study would help managers and governmental departments in analysing and taking actions to cope with supply chain disruptions.
Keywords: supply chain risk management; SCRM; supply chain disruption risk; risk prioritisation; ISM; MICMAC method; India.
International Journal of Value Chain Management, 2019 Vol.10 No.1, pp.1 - 25
Received: 12 Sep 2017
Accepted: 28 Mar 2018
Published online: 05 Oct 2018 *