Antecedents of Risk Information Sharing & Processing Mechanism in Supply Chain: A social and technical Perspective
DOI:
https://doi.org/10.58661/ijsse.v4i3.319Keywords:
Supply chain risk management, Information, processing mechanism, operational performanceAbstract
This paper emphasizes Supply Chain Risk Management (SCRM), whose execution can boost an organization's resilience and operating performance. Drawing on quantitative data from 231 supply chain professionals in various industries, the results highlight that subcomponents of SCRM—specifically strategy alignment and technology usage—significantly influence risk information sharing, analysis, and evaluation. Abstract Surprisingly, an SCRM-oriented culture does not significantly affect the exchange of risk information or the amount of risk partnership. At the same time, team support has insignificant effects on risk analysis and assessment. From these insights, it is evident that although having a culture of SCRM in place and some team involvement is beneficial, they could not, altogether, pave the way toward the organizational capability of evaluating and disseminating risk-related information. In its place, the emphasis on aligned SCRM strategy and technological advancement in the supply chain sector becomes a critical factor for risk mitigation. This suggests an absolute imperative for managers: to facilitate a technological-enabled SCRM approach that is collaborative, in line with the strategy, and allows integrated information processing. Fortifying these domains can help minimize weaknesses, increase response, and streamline the supply chain performance; continuous monitoring and improvement of information dissemination processes are essential, as they facilitate better risk management across the supply chain network.