Risk in supply networks

Increasing product/service complexity, outsourcing and globalisation have led to increasingly complex, dynamic supply networks. This has impacted on risk, changing it and changing its location in supply networks. This paper provides a review of definitions and classifications of types of risk; an holistic view of risk assessment and management is taken here. Little evidence is apparent of empirical research on risk in supply networks or tools to help identify, assess and manage that risk. A tool is provided and its testing and development in four case studies in the electronics sector is described. Experiences of using the tool are discussed and conclusions drawn on its potential further development and application