Article Comparison and Contrast: Risk Management Plan for Supply Chain Management
Selected Articles:
Article 1:
Jüttner, U. (2005). Supply chain risk management: Understanding the business
requirements from a practitioner perspective. The International Journal of
Logistics Management, 16 (1): 120 – 141
Juttner (2005) intended to obtain a thorough understanding of business needs for supply chain risk management (SCRM). The paper utilizes the practioners perspective whereby findings are inferred from an exploratory quantitative survey and as well, by deriving SCRM issues through focus discussions conducted with management officials of supply chains. Findings from this research provides implications for further research.
Article 2:
Olson, D., L., & Desheng D. W. (2010). A review of enterprise risk management in
supply chain. Kybernetes, 39 (5): 694 – 706
This research based paper reviews published approaches concerning risk management in supply chain. Olson & Desheng (2010) identify risks, classify them according to types, and uses specific models to explain phenomenon. Much of the data is obtained from Literature review and analysis of risks in Chinese supply chains and other current supply chain risks. Findings from this research re-affirms the need for risk management in supply chains.
Data Presentation
In Juttner (2005), data collected from focus group discussions and surveys was summarized and presented bar graphs, and this presentation gave a clear distinction among variables. Contingency tables and continuity plans were also employed in the data presentation and interpretation process. Quantitative data was presented in mathematical terms such as the mean, frequency distribution, and variance. Olson & Desheng (2010) use tables to present findings collected from the analysis of case studies in China using a series of cross tabulation. Findings were interpreted by explaining the variations between case studies. Other than the tables, a reader can be able to generate his/her own interpretation from the articles. Qualitative data was narrated depending on specific variables.
Other ways that could be used to interpret the data
The data collected by Juttner (2005) could be interpreted in several ways because it involved the collection of raw data from the field. Statistical tests such as Fisher Exact Tests, ANOVA, and correlation analysis could be used to predict and explain findings from the study. The data in Olson & Desheng (2010) could be interpreted using Venn diagrams and data displays such as pie charts.
Other Observations
The data findings from both articles are summarized only with concluding viewpoints from the authors because no appendices or tables were provided at the end of the articles. However, both Olson & Desheng (2010) and Juttner (2005) were sound and convincing in their articles given that they provided supportive evidences for any claims including the provision of explanations for every research question. Speaking of limitations of the study approach, Olson & Desheng (2010) did not mention anything relating to limitations but they concluded by mentioning how their study had fulfilled its research purpose. Although Juttner (2005) did not indicate a clear topic on limitations, he mentioned that his findings were based on “current” practices and point starkly at the need for exploring further risk management approaches in Supply Chains.
Juttner (2005) did state the implications for further research towards the end of the conclusion by stating that findings from his study should be used as the basis for further research development. It is his believe that the structure presented in his article will act as a guidance for future research. Olson & Desheng (2010) did not mention implications in terms of future research but rather they focused on the practical nature of Supply chains in business, and managing risks in the supply chain is crucial.
References
Jüttner, U. (2005). Supply chain risk management: Understanding the business
requirements from a practitioner perspective. The International Journal of
Logistics Management, 16 (1): 120 – 141
Olson, D., L., & Desheng D. W. (2010). A review of enterprise risk management in
supply chain. Kybernetes, 39 (5): 694 – 706
