Managing supplier sustainability risk: an experimental study

Sara Hajmohammad, R. Klassen, S. Vachon
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引用次数: 1

Abstract

Purpose Buying firms are increasingly exposed to sustainability risk arising from negative conditions or potential events in their supply base that might provoke adverse stakeholder reactions. Procurement managers at these firms can pursue multiple strategies to address this risk with suppliers, including acceptance, monitoring-based mitigation, avoidance and collaboration-based mitigation. This study aims to investigate how perceived risk, supplier dependence and financial slack resources contribute to the strategic preferences of these managers. Design/methodology/approach A vignette-based experiment with procurement managers is used to examine the factors affecting the managers’ strategic preferences in managing supplier sustainability risk. Findings The empirical results revealed that the procurement managers’ preference for avoidance or collaboration strategies was stronger when they perceived higher risk, but their preference varied based on the degree of supplier dependence. Specifically, when they perceived a high level of risk, procurement managers were more inclined toward a monitoring strategy with dependent suppliers and preferred an avoidance strategy when they dealt with independent ones. Financial slack was also an influential factor: managers with more slack at their disposal preferred to collaborate with suppliers to address the risk; on the other hand, limited slack shifted their preference toward an acceptance strategy, regardless of the level of risk. Originality/value This study helps to develop a more nuanced picture of how procurement managers make challenging and complex trade-offs when responding to supplier sustainability risk.
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供应商可持续性风险管理:实验研究
目的性采购公司越来越多地面临可持续性风险,这是由于其供应基地的负面条件或潜在事件可能引起利益相关者的不利反应。这些公司的采购经理可以采取多种战略与供应商一起应对这一风险,包括接受、基于监测的缓解、避免和基于协作的缓解。本研究旨在探讨感知风险、供应商依赖和财务松弛资源如何影响这些管理者的战略偏好。设计/方法/方法与采购经理的一个基于图像的实验被用来检查影响经理在管理供应商可持续性风险方面的战略偏好的因素。实证结果显示,当采购经理感知到较高的风险时,他们对规避或合作策略的偏好更强,但他们的偏好会随着供应商依赖程度的不同而变化。具体地说,当他们察觉到高风险时,采购经理更倾向于对依赖供应商采取监测策略,而在与独立供应商打交道时更倾向于采取回避策略。财务宽松也是一个影响因素:拥有更多宽松资金的管理人员更愿意与供应商合作来解决风险;另一方面,不管风险水平如何,有限的懈怠使他们倾向于接受策略。原创性/价值本研究有助于对采购经理在应对供应商可持续性风险时如何做出具有挑战性和复杂的权衡做出更细致的描述。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
5.40
自引率
27.80%
发文量
22
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