Published Online:August 2024
Product Name:The IUP Journal of Operations Management
Product Type:Article
Product Code:
Author Name:Priya S
Availability:YES
Subject/Domain:Management
Download Format:PDF
Pages:12
Supply chains are very important for the economy of a country. With increased globalization and outsourcing, the supply chain risks have increased. It becomes imperative to identify the various risks inherent in a supply chain and to find out the interrelationships between them so that we can manage/ mitigate them. The electronics industry plays a major role in the country’s economy. This paper seeks to understand the risks inherent in an electronics supply chain and model the risks using interpretive structural modeling.
Supply chains are exposed to increased risks due to supply and demand uncertainties and globalization (Diabat et al., 2012). A disruption which affects an entity anywhere in the supply chain can have a direct effect on the ability of the firm to provide customer service (Juttner et al., 2003). Supply chain risk and its management is a major research area today, as the exposure to risks have increased in supply chains due to increase in the complexity of supply chain. Michael (2018) found a negative relationship between supply chain uncertainty and risk, and logistics performance in the Australian courier industry.