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Risk Factor Management: a Mechanism of Supporting Supply Chain Resilience

Abstract

Supply chain assumes a unique business process without inter-company boundaries. Each supply chain partner is important for achievement of customer requirements. On the one hand, supply chain is an inexhaustible source of competitive advantage, created by the companies, which constitute it. However, on the other hand, due to its complexness, supply chain is an easy target of numerous factors, which jeopardize its competitiveness. Some of those factors are: turbulence, deliberate threats, external pressures, resource limits, sensitivity, and supplier/customer disruptions. Successful dealing with those factors assumes establishment of mechanisms for increasing supply chain resilience. Many researches indicate that some factors have greater influence on supply chain disruption and discontinuance. If those factors can be isolated, it will be easier to manage them or to avoid their influence. Therefore, the objective of the research presented in this paper is identification of the most frequent causes of supply chain disturbances, as a first step for developing supply chain resilience. According to the research results, the authors suggest what should be a primary focus of supply chain management, dealing with issues of resilience. Also, the authors indicate which characteristics (capability factors) supply chains have to have in order to be considered resistant.

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Competitive Strategies of Croatian Small Familyrun Hospitality and Catering Enterprises

), “Poduzetništvo u Hrvatskoj, stanje, problemi i perspektive” (diplomski rad). Split: Sveučilište u Splitu, Ekonomski fakultet PERKOV, D. (2013), “Konkurentnost poduzetnika u novoj ekonomiji” (ppt hand-out lecture material). Zagreb: VERN PORTER, M. (2008), Konkurentska prednost: postizanje i održavanje vrhunskog poslovanja. Zagreb: Masmedia ŠKRTIĆ, M., MIKIĆ, M. (2009), “Internacionalizacija malih i srednjih poduzeća Republike Hrvatske”. Ekonomski pregled, 60 (5-6): 290-311 THOMPSON, A. A. JR., STRICKLAND, A. J. III

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The Importance of Marketing Innovation in New Economy

strategic approach (4th ed.). Hoboken, N.J: Wiley. Peppers, D., & Rogers, M. (2011). Managing customer relationships: A strategic framework (2nd ed.). Hoboken, N.J: Wiley. Pokrajac, S. (2003). Održivi razvoj i moderna tehnologija kao ekološka raskršca savremene civilizacije. Beograd: Megatrend univerzitet. (in Serbian). Porter, M.E. (2007). Konkurentska prednost: Ostvarivanje i ocuvanje vrhunskih poslovnih rezultata. Novi Sad: Asee. (in Serbian). Rakic, B., & Rakic, M. (2003). Radikalne promene: Primena

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Exploring the 'Cultural Tourism-Sustainable Development' Nexus: the Case of Croatia

Tourism Research. 23(4), pp. 948-950. Sunara, Ž., Jeličić, S. and Petrović, M., 2013. Održivi turizam kao konkurentska prednost Republike Hrvatske (Sustainable tourism as a competitive advantage of the Republic of Croatia). Zbornik radova Međimurskog veleučilišta u Čakovcu (Proceedings of the Međimurje Politechnics in Čakovec), 4(1), pp.83-88. Tomljenović, R. and Marušić, Z., 2009. Attitudes and Consumption of Cultural Attractions and Events in Croatia: Tomas Cultural Tourism 2008. Zagreb: Institute for Tourism

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