Deceptive counterfeit risk in global supply chains

Ghadge, Abhijeet, Duck, Andrew, Er, Merve and Caldwell, Nigel (2021) Deceptive counterfeit risk in global supply chains. Supply Chain Forum: An International Journal, 22 (2). pp. 87-99. ISSN 1624-6039

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Official URL: https://doi.org/10.1080/16258312.2021.1908844

Abstract / Description

The study investigates deceptive counterfeits in the global supply chains. It explores perceived sources of counterfeits, their impact and identifies risk mitigation strategies in Business-to-Business procurement. An online survey was used to collect data from 140 procurement professionals targeted at a national purchasing body and affiliated UK purchasing groups. The study findings show that counterfeit breaches are increasing, especially in low-cost spare parts, sourced from tier-two suppliers based in developing countries. Counterfeits lead to high costs, delays, lost sales, product recalls and even legal action. Network transparency, cost of quality and pre-supply evaluation approaches and supplier relationship management are the most effective mitigation strategies to overcome deceptive counterfeit risk in global supply chains. The study contributes to supply chain academics and practitioners’ growing research interest in counterfeit risk.

Item Type: Article
Additional Information: ** From Crossref journal articles via Jisc Publications Router
Uncontrolled Keywords: counterfeit risk; global supply chains; supply chain risk management; procurement
Subjects: 600 Technology > 650 Management & auxiliary services
Department: Guildhall School of Business and Law
SWORD Depositor: Pub Router
Depositing User: Pub Router
Date Deposited: 14 May 2021 12:54
Last Modified: 04 Jun 2021 09:44
URI: http://repository.londonmet.ac.uk/id/eprint/6526

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