Supply Chain Risk Evaluation: Understanding the Technical Risks from the Perspectives of Dubai Logistics Supply Chain Companies

Abstract

This article evaluates the technical risks faced by Dubai based large and medium size logistics supply chain companies (LSCC). Middle East is attempting to turn itself into a multimodal trans-shipment hub for transport, as manufactured goods production has moved from West to East. Thus Dubai port has become the hub, as great freight volumes now transit this region, which has created demand for additional warehousing facilities. As supply chains have lengthened, logistics executives are increasingly responsible for anticipating and eliminating a greater number of risks. The stakes are high: in the past five years, nearly three-fourths of companies experienced significant disruptions. Also the topic is very important in current context; however, there does not seem to be much work done in this area in Dubai, a place which is dominated by the LSCC. The findings are based on risk identification and risk analysis through exploratory and empirical survey using a sample size of 50 questionnaires, 7 in-depth interviews and a focus group meeting with senior supply chain executives. The study provides insights into the applicability of technical risks faced by logistics supply chain, Dubai, with respect to severity, degree, speed, amount of forewarning associated and duration of each risk. Findings from this research will prove useful to management researchers and practitioners.

Keywords

Logistics supply chain technical risks risk identification Dubai

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