The Effect of Supply Chain Risk Management Practices on Resilience and Performance: A Systematic Literature Review

Abstract

In today's competitive and rapidly changing economy, client expectations and desires constantly shift, raising the risk of supply chain interruption. To be effective in this circumstance, a business's supply chain must be resilient. Most enterprises in the world recognize that performance evaluation is necessary to achieve the end aim of developing a resilient supply chain. The purpose of this article is to identify several SCRM techniques and practices for enhancing an organization's overall operational resilience and performance. A systematic review of peer-reviewed journal publications published since 2010 was conducted. The literature review drew on various reputable databases, including Scopus, Web of science, Emerald insight, Sage journals, and Taylor and Francis. The findings reveal that most research has correlated supply chain resilience, SCRM practices, and firm performance. SCRM practices are frequently classified into four categories: identification, evaluation, mitigation, and monitoring. Lastly, the results may be used as guidance for future scholars conducting experimental data on SCRM, resilience, and success of the organization.