Abstract
The main objective of this study is to investigate how SMEs manage freight transport risk. This study builds on the argument from the contingent resources-based view that, for sustainable competitive advantage, SMEs need to develop capabilities to manage road freight transport risk. These capabilities, consistent with the contingent resource-based view, are approaches in managing road freight transport risk which needs to be lots of unique skills, knowledge and other resources that are commensurate to both the size and the supply chain environment of the SME. To achieve the objective of this study, it is deemed necessary to carry out this research through the lens of SMEs. In doing so, this study adopts a qualitative approach to gain a deeper understanding of SMEs’ approach to managing road freight transport risk. Data were collected through interviews from four case companies that were selected using a convenient and purposive sampling strategy. Findings indicated that the sampled SMEs have developed capabilities for managing road transport-related risk. While some of the risk management strategies such as internal control, driver’s orientation and partnering with police are common among sampled SMEs, collaboration with partners, specifically with those along transport route, is unique to only one of the SMEs. This study contributes to both the literature and practice of supply chain risk management as it relates to road transportation risk management by being among the few studies that have investigated freight transport risk from an SME perspective.
| Language | English |
|---|---|
| Title of host publication | WIT Transactions on The Built Environment |
| Editors | F.A. Ortega Riejos |
| Place of Publication | Southampton |
| Pages | 39-47 |
| Number of pages | 9 |
| Volume | 182 |
| DOIs | |
| Publication status | Published - 30 Jan 2019 |
| Event | 24th International Conference on Urban Transport and the Environment: Urban Transport 2018 - Hotel Meliá Sevilla, Seville, Spain Duration: 19 Sep 2018 → 21 Sep 2018 https://www.wessex.ac.uk/conferences/2018/urban-transport-2018 |
Conference
| Conference | 24th International Conference on Urban Transport and the Environment |
|---|---|
| Country | Spain |
| City | Seville |
| Period | 19/09/18 → 21/09/18 |
| Internet address |
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Keywords
- road transportation
- supply chain and logistics
- contingent resource-based view
- SME
- risk management
Cite this
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SME approach to road transportation risk management : evidence from Nigeria. / Ali, Ibrahim Labaran; Hird, Abigail; Tanko, Muhammad; Whitfield, Robert Ian.
WIT Transactions on The Built Environment. ed. / F.A. Ortega Riejos. Vol. 182 Southampton, 2019. p. 39-47.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution book
TY - GEN
T1 - SME approach to road transportation risk management
T2 - evidence from Nigeria
AU - Ali, Ibrahim Labaran
AU - Hird, Abigail
AU - Tanko, Muhammad
AU - Whitfield, Robert Ian
PY - 2019/1/30
Y1 - 2019/1/30
N2 - The main objective of this study is to investigate how SMEs manage freight transport risk. This study builds on the argument from the contingent resources-based view that, for sustainable competitive advantage, SMEs need to develop capabilities to manage road freight transport risk. These capabilities, consistent with the contingent resource-based view, are approaches in managing road freight transport risk which needs to be lots of unique skills, knowledge and other resources that are commensurate to both the size and the supply chain environment of the SME. To achieve the objective of this study, it is deemed necessary to carry out this research through the lens of SMEs. In doing so, this study adopts a qualitative approach to gain a deeper understanding of SMEs’ approach to managing road freight transport risk. Data were collected through interviews from four case companies that were selected using a convenient and purposive sampling strategy. Findings indicated that the sampled SMEs have developed capabilities for managing road transport-related risk. While some of the risk management strategies such as internal control, driver’s orientation and partnering with police are common among sampled SMEs, collaboration with partners, specifically with those along transport route, is unique to only one of the SMEs. This study contributes to both the literature and practice of supply chain risk management as it relates to road transportation risk management by being among the few studies that have investigated freight transport risk from an SME perspective.
AB - The main objective of this study is to investigate how SMEs manage freight transport risk. This study builds on the argument from the contingent resources-based view that, for sustainable competitive advantage, SMEs need to develop capabilities to manage road freight transport risk. These capabilities, consistent with the contingent resource-based view, are approaches in managing road freight transport risk which needs to be lots of unique skills, knowledge and other resources that are commensurate to both the size and the supply chain environment of the SME. To achieve the objective of this study, it is deemed necessary to carry out this research through the lens of SMEs. In doing so, this study adopts a qualitative approach to gain a deeper understanding of SMEs’ approach to managing road freight transport risk. Data were collected through interviews from four case companies that were selected using a convenient and purposive sampling strategy. Findings indicated that the sampled SMEs have developed capabilities for managing road transport-related risk. While some of the risk management strategies such as internal control, driver’s orientation and partnering with police are common among sampled SMEs, collaboration with partners, specifically with those along transport route, is unique to only one of the SMEs. This study contributes to both the literature and practice of supply chain risk management as it relates to road transportation risk management by being among the few studies that have investigated freight transport risk from an SME perspective.
KW - road transportation
KW - supply chain and logistics
KW - contingent resource-based view
KW - SME
KW - risk management
UR - https://www.witpress.com/books/978-1-78466-299-8
U2 - 10.2495/UT180041
DO - 10.2495/UT180041
M3 - Conference contribution book
SN - 9781784662998
SN - 9781784663001
VL - 182
SP - 39
EP - 47
BT - WIT Transactions on The Built Environment
A2 - Ortega Riejos, F.A.
CY - Southampton
ER -