Risk Management Practices in Sustainable Supply Chain Management

Abstract

Supply chain management has become more complex due to recent disruptions in business ecosystems. With these disruptions, supply chains now face a greater number of risk sources, particularly with the adoption of sustainability measures. Thus, this chapter aims to deepen the understanding of risk management practices within sustainable supply chain management. Resource orchestration theory is utilized as a theoretical lens to conceptualize risk management practices in sustainable supply chains through dynamic and relational capabilities. Theory synthesis and an integrative review are employed for the conceptualization in the chapter. The findings and discussion demonstrate that the resource orchestration perspective can guide managers and researchers in developing capabilities to understand and address challenges related to risks within sustainable supply chain management. If these capabilities are properly orchestrated by managers in a sustainable supply chain, they enable organizations to survive in a rapidly changing environment.