Company- and Supply Chain-Specific Implementation of Supply Chain Risk Management – (a research project called “SitRisk”)
Supply chains are becoming more complex and the increasing dependencies between supply chain partners cause increasingly severe consequences of supply chain disruptions. Studies revealed that the competitiveness of companies can be significantly enhanced with an effective risk management approach. Furthermore, in particular the latest crises highlighted that deficient risk management can lead to insolvencies, especially in the case of small and medium enterprises.
The research project “SitRisk” was based on its predecessor “Supply Chain Risk Management Navigator“, which developed a methodological framework for the supply chain risk management process. The aim of “SitRisk” was to develop an approach to implement supply chain risk management according to company- and/or supply chain-specific factors. Such an approach enables companies to identify and manage supply chain risks, in order to avoid insolvency in the worst case.
The project SitRisk has been conducted by the Institute of Business Logistics and General Management under the academic guidance of Prof. Dr. Dr. h. c. Wolfgang Kersten since January 2012. The duration of the project was one and half years.
This presented IGF-project 17234 N/1 (“SitRisk”) of the research association Bundesvereinigung Logistik e.V. – BVL, Schlachte 31, 28195 Bremen has been supported by the Arbeitsgemeinschaft industrieller Forschungsvereinigungen “Otto von Guericke” (AiF) e. V. in line with the Collective Research Programme (IGF) of the German Federal Ministry of Economics and Technology.