Strengthening supply chain risk management: Unveiling opportunities through the lens of behavioral economics and organizational culture

In recent decades, the growing awareness that supply chains are increasingly vulnerable to unexpected disruptions has led to the development of the field of Supply Chain Disruption Management (SCDM). While significant progress has been made, particularly during the COVID-19 pandemic, there is still a notable gap in understanding the human-centred rationale behind SCDM decisions beyond traditional supply chain factors like cost and asset availability. Current literature effectively addresses the empirical reasons for specific SCDM strategies but falls short in exploring the cognitive, social, and cultural factors influencing these choices, such as cognitive biases, group dynamics, and organizational culture. This work aims to assess the existing knowledge in SCDM, highlight the lack of research linking behavioural economic theories and organizational culture to SCDM, and identify where these connections exist and their significance, thereby proposing future research directions. Our study suggests that advancing SCDM requires investigating how behavioural economics and organizational culture influence decision-making and outcomes, with a focus on leadership styles, risk management, Industry 4.0 technologies, and inter-organizational collaboration, especially during crises.