Analysing the external supply chain risk driver competitiveness: a risk mitigation framework and business continuity...

Area of Science:

• Supply Chain Management
• Risk Management
• Business Continuity

Background:

• Supply chain risks are significant drivers of business competitiveness and differentiation.
• External supply chain competitiveness is analyzed as a key risk factor.

Purpose of the Study:

• To provide a framework for mitigating supply chain risks.
• To enhance understanding of how supply chains can manage disruption risks for competitive advantage.

Main Methods:

• Analysis of competitiveness at the external supply chain level.
• Development of a supply chain continuity framework encompassing six business continuity planning stages.
• Integration of operational constructs such as customer service, inventory management, flexibility, time to market, ordering cycle time, and quality.

Main Results:

• The study presents a structured approach to business continuity planning (BCP) for supply chains.
• The framework integrates BCP stages with operational constructs to address disruption risks.

Conclusions:

• Effective management of supply chain risks through the proposed framework can lead to competitive advantage.
• Future research should focus on new risk scenarios to improve supply chain resilience.