Proactive supply chain risk management approach: The case of Serbia

Abstract

Supply chain risk management has become imperative. Therefore, needs for proactive supply chain risk management continuously is growing. Proactive supply chain risk management is not a great problem in developed countries. The problem is present in transition countries and underdeveloped countries. In those countries has not been built awareness about the importance of networking through supply chains and risk management within the supply chain. One of them is Republic of Serbia. Outside the door of the EU, the Republic of Serbia still retains the characteristics of the old system, and that is the great limitation for implementation of proactive supply chain risk management concept. Basic aim of paper is to research the level of proactive supply chain risk management. By using an adequate statistical methods, in paper will be analysed group of large enterprises from the Republic of Serbia. Besides that, author of paper suggesting the reasons and consequences of lack of proactive supply chain risk management.

Supply Chain Risk Prioritization Using AHP and Framework Development: A Perspective of the Automotive Industry

“…Over the previous two decades, supply chains have evolved from functional to technological to strategic. The supply chain is defined as a network or chain of business operations that manages supplies, finished goods, data, and cash flow [7].…”

“…Managers of the supply chain should be aware of the risk of evolving work practices within the supply chain. This in turn aids in mitigating these risks [7]. A well-designed supply chain cannot only bounce back from any unforeseen event but also can provide a proactive approach towards the risks associated.…”

“…A well-designed supply chain cannot only bounce back from any unforeseen event but also can provide a proactive approach towards the risks associated. This is a preventive process where companies put in costs to avoid any unforeseen calamity [7].…”

“…Efficient supply chain management is the process of synchronizing the flow of products, services, and data to improve customer satisfaction while lowering costs. Organizations these days cannot compete effectively without complete coordination between upstream and downstream partners within the web of supply chain networks [7]. The probability of such undesirable situations and their significant impact might jeopardize the supply chain's efficiency and effectiveness [8].…”

“…To avoid such failures, global supply chain partners must work together to build an active, proactive risk management strategy. Supply chain risk management evolved from the risk management field, which has been a hotbed of study for more than two decades [7]. In comparison to other industries, manufacturing produces and stores the most data.…”