Transboundary supply chain risk management: A consolidation of transboundary and supply chain risk management

Abstract

Supply chains are becoming increasingly vulnerable to disruptions and face greater exposure from the dynamics of global interconnectivity. The growing complexities of modern societies have prompted renewed focus towards supply chain risk management (SCRM) research over the last decade. However, research related to transboundary risk issues has yet to be given substantial attention in recent years. Contributing to the developments in the field of SCRM, this thesis proposes an approach for managing global supply chain risk which modifies current SCRM processes to account for the dynamic nature of transboundary risks. This work extends current literary contributions and aims to compensate for the lack of transboundary risk focus in SCRM. Introducing the taxonomy of transboundary supply chain risk management (TSCRM), the present paper conceptualises a holistic integrative framework that incorporates resilience principles to adaptively manage the transboundary risk environment of global supply chains. In line with this framework, additional templates, tables, and a TSCRM planning process are proposed to facilitate the navigation through the TSCRM process, in particular the risk identification, and risk response selection and implementation phases.