An integrated structural modelling and MICMAC analysis for supply chain disruption risk classification and prioritisation in India

Abstract

Supply chain disruptions can have severe impacts on a firm. Realising the importance of the matter, this study aims at identifying and prioritising the risks associated with supply chain disruption as faced by Indian manufacturing sector. A two-phase methodology is used for achieving the objectives - the first phase involves the identification and finalisation of supply chain disruption risks through literature review and expert opinion using Delphi technique, and the second phase involves deriving the interrelationships between the risk factors and classification based on the influence and dependence power by using interpretive structural modelling (ISM) and MICMAC methodology. Environmental risk factors and supplier risk factors have become the strong drivers of other supply chain uncertainties. The outcomes of the study would help managers and governmental departments in analysing and taking actions to cope with supply chain disruptions.