After the last more general entries on managers perception of risk and measuring SC performance I wanted to make a detour back to the basics.
Simulation is one of the tools, which can be used for analyzing supply chain dynamics, optimization and to support corporate decision making.
Submitted by Daniel Dumke on Wed, 2010-11-24 17:49
Supply Chain Design: Capacity, Flexibility and Wholesale Price Strategies
Massachusetts Institute of Technology, Dissertation
This is the forth contribution to my series on doctoral dissertations on Supply Chain Risk Management. An immense effort and dedication is spent on these works only to find the results hidden in the libraries. So the goal is raise interest in the research of my peers.
Submitted by Daniel Dumke on Tue, 2010-11-23 14:30
I stumbled upon a Webinar which touches the topic of Supply Chain Risks, in this case: “Removing the Risks and Profiting from a Sustainable Supply Chain“.
It will be conducted by a small consulting firm (SD&S, Main Speaker is Jos Darmanata). Here are the facts:
Last week I conducted another Interview for the empirical part of my research. And we also discussed how to measure performance within the SC. As it turns out, multiple measures, namely service, cost, working capital are used. Sadly in literature many authors still focus on a single measure only and I wanted to know more about it. So I read an article by B. Beamon (Measuring Supply Chain Performance) to get an overview over performance measures used and how to select the right one(s).
At the moment I am looking for gaps in my reading up to now and I found that I have not read much about information risks. It also seems that those risks are not (yet?) in focus, neither in research nor business. So I was happy to find “Information risks management in supply chains: an assessment and mitigation framework” by Faisal, Banwet and Shankar.
Today I will write about the implications of the risk understanding by managers covered in Part 1 of this series. After observing the mentioned factors on how managers perceive risks the authors categorize their conclusions in three areas.