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American Journal of Business and Operations Research
Volume 1 , Issue 1, PP: 60-70 , 2020 | Cite this article as | XML | Html |PDF

Title

Strategic Management for Credit Risk in Supply Chain Networks: A Novel Framework

  Abedallah Z. Abualkishik 1 * ,   Rasha Almajed 2

1  American University in the Emirates, Dubai, UAE
    (abedallah.abualkishik@aue.ae)

2  American University in the Emirates, Dubai, UAE
    (rasha.almajed@aue.ae)

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Doi   :   https://doi.org/10.54216/AJBOR.010106


Abstract :

This study addresses the imperative for robust credit risk management strategies by proposing a novel framework tailored for supply chain networks. It aims to bridge existing gaps in credit risk assessment methodologies by amalgamating empirical insights, advanced computational techniques, and comprehensive data analytics. Leveraging a comprehensive dataset encompassing diverse attributes crucial for credit risk assessment, this study employs a meticulous methodology. It integrates machine learning algorithms, notably LightGBM, and exploratory data analysis techniques to preprocess data, examine missing values, assess variable correlations, and construct a predictive model. The empirical journey reveals insightful findings, emphasizing missing value patterns, variable interrelationships, and model performance. Precision-recall and ROC curves depict the model's ability to discern default and non-default cases, showcasing its efficacy in credit risk assessment within supply chain contexts. Our study contributes a foundational framework for strategic credit risk management within supply chain networks, offering actionable insights for stakeholders. While acknowledging limitations and the need for ongoing model refinement, this research sets the stage for future explorations and transformative practices in adaptive risk management strategies for interconnected supply chain networks.

Keywords :

Credit risk assessment; Supply chain resilience; Risk management strategies; Supply chain networks; Creditworthiness evaluation; Risk mitigation techniques; Business supply chain finance; Strategic risk analysis; Credit risk modeling; Risk-aware supply chain management.

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Cite this Article as :
Style #
MLA Abedallah Z. Abualkishik , Rasha Almajed. "Strategic Management for Credit Risk in Supply Chain Networks: A Novel Framework." American Journal of Business and Operations Research, Vol. 1, No. 1, 2020 ,PP. 60-70 (Doi   :  https://doi.org/10.54216/AJBOR.010106)
APA Abedallah Z. Abualkishik , Rasha Almajed. (2020). Strategic Management for Credit Risk in Supply Chain Networks: A Novel Framework. Journal of American Journal of Business and Operations Research, 1 ( 1 ), 60-70 (Doi   :  https://doi.org/10.54216/AJBOR.010106)
Chicago Abedallah Z. Abualkishik , Rasha Almajed. "Strategic Management for Credit Risk in Supply Chain Networks: A Novel Framework." Journal of American Journal of Business and Operations Research, 1 no. 1 (2020): 60-70 (Doi   :  https://doi.org/10.54216/AJBOR.010106)
Harvard Abedallah Z. Abualkishik , Rasha Almajed. (2020). Strategic Management for Credit Risk in Supply Chain Networks: A Novel Framework. Journal of American Journal of Business and Operations Research, 1 ( 1 ), 60-70 (Doi   :  https://doi.org/10.54216/AJBOR.010106)
Vancouver Abedallah Z. Abualkishik , Rasha Almajed. Strategic Management for Credit Risk in Supply Chain Networks: A Novel Framework. Journal of American Journal of Business and Operations Research, (2020); 1 ( 1 ): 60-70 (Doi   :  https://doi.org/10.54216/AJBOR.010106)
IEEE Abedallah Z. Abualkishik, Rasha Almajed, Strategic Management for Credit Risk in Supply Chain Networks: A Novel Framework, Journal of American Journal of Business and Operations Research, Vol. 1 , No. 1 , (2020) : 60-70 (Doi   :  https://doi.org/10.54216/AJBOR.010106)
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