Veli-Matti Virolainen

TL;DR: The paper outlines the general structure of the risk management process and presents methods for risk management in a complex network environment and indicates that risk management is an important development target in the studied supplier networks.

TL;DR: A conceptual framework for risk analysis of production networks from the points of view of both a buying company and a supplier is described, to illustrate how a company can analyze and assess the risks associated with networking.

TL;DR: A theoretical review of supplier relationships and risk management, as well as a survey-based empirical study conducted in one case company's supply network, find the exploitation of collaborative risk management and learning is highest among the most strategic supplier relationships.

TL;DR: In this paper, the authors investigated the reasons why companies form purchasing consortia and found that two main reasons for companies to cooperate on purchasing are the expected cost savings and the collection of information on supply markets.

TL;DR: In this paper, the authors analyzed dyadic partnership formation between asymmetric buyers and specialized suppliers and derived the basic implications concerning the rise of partnerships, and introduced a dynamic transaction cost and benefit model to analyze the most critical elements of a typical partnership decision.