Critical materials supply and risk

Rare earth Elements (REEs) are a subset of Critical materials (CMs) and are found in numerous modern electronic products and advanced technologies where, due to their unique physical and chemical properties, they cannot be substituted. Disruption in their supply chain has the potential to cause devastating impacts on production and consumers. To help manage such disruptions, this research focusses on the areas of critical materials, supply chain resilience, and supply chain risk. Research has established the challenges that can occur from disruptions caused by up-stream suppliers, necessitating supply-side resilience strategies. Supply-side risk factors associated with CMSs differ from conventional material supply chain risk, and it is advocated that they cannot be effectively managed through traditional material supply risk management practices. This study investigates the research on CMs that appears around the periphery of the OM (operations management) field by adopting a systematic literature review. Findings show a dearth of research work directly focused on REEs and CMs from within the OM field. Importantly, a call is made for OM researchers to investigate REEs and CMs based on the imperative that geopolitics, resource scarcity and environmental issues present.