Risk management processes in supplier networks

Jukka Hallikas (Corresponding Author), Iris Karvonen, Urho Pulkkinen, Veli-Matti Virolainen, Markku Tuominen

Research output: Contribution to journalArticleScientificpeer-review

402 Citations (Scopus)

Abstract

This paper deals with risk management in supplier networks. The primary aim is to illustrate challenges that network co-operation brings to risk management. The paper outlines the general structure of the risk management process and presents methods for risk management in a complex network environment. The results indicate that risk management is an important development target in the studied supplier networks. When the dependency between companies increases, they become more exposed to the risks of other companies. The presented processes facilitate understanding and managing of uncertainties and risks in supplier networks. Empirical evidence is offered on the basis of case studies.
Original languageEnglish
Pages (from-to)47 - 58
Number of pages12
JournalInternational Journal of Production Economics
Volume90
Issue number1
DOIs
Publication statusPublished - 2004
MoE publication typeA1 Journal article-refereed

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Risk management
Complex networks
Industry
Management process
Supplier network

Keywords

  • supplier networks
  • supply chain management
  • risk management
  • company networks
  • network collaboration

Cite this

Hallikas, J., Karvonen, I., Pulkkinen, U., Virolainen, V-M., & Tuominen, M. (2004). Risk management processes in supplier networks. International Journal of Production Economics, 90(1), 47 - 58. https://doi.org/10.1016/j.ijpe.2004.02.007
Hallikas, Jukka ; Karvonen, Iris ; Pulkkinen, Urho ; Virolainen, Veli-Matti ; Tuominen, Markku. / Risk management processes in supplier networks. In: International Journal of Production Economics. 2004 ; Vol. 90, No. 1. pp. 47 - 58.
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Hallikas, J, Karvonen, I, Pulkkinen, U, Virolainen, V-M & Tuominen, M 2004, 'Risk management processes in supplier networks', International Journal of Production Economics, vol. 90, no. 1, pp. 47 - 58. https://doi.org/10.1016/j.ijpe.2004.02.007

Risk management processes in supplier networks. / Hallikas, Jukka (Corresponding Author); Karvonen, Iris; Pulkkinen, Urho; Virolainen, Veli-Matti; Tuominen, Markku.

In: International Journal of Production Economics, Vol. 90, No. 1, 2004, p. 47 - 58.

Research output: Contribution to journalArticleScientificpeer-review

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KW - supply chain management

KW - risk management

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Hallikas J, Karvonen I, Pulkkinen U, Virolainen V-M, Tuominen M. Risk management processes in supplier networks. International Journal of Production Economics. 2004;90(1):47 - 58. https://doi.org/10.1016/j.ijpe.2004.02.007