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The Supply Chain Uncertainty Circle

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Paper

Shrinking the Supply Chain Uncertainty Circle
Year: 
1998

How to shrink the “Uncertainty Circle” is the topic of a paper I read today. It has been written by Rachel Mason-Jones and Denis R. Towill and can be downloaded here free of charge.

Optimizing Efficiency-Robustness Trade-Offs in SC-Design

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Paper

Optimizing efficiency-robustness trade-offs in supply chain design under uncertainty due to disruptions
Year: 
2011

Efficiency is about trade-offs. Effectiveness is about achieving a goal, making it happen no matter what.
But in reality resources are scarce and efficiently reaching a goal is nearly as important as reaching it at all.

Managing Supply Chain Portfolios

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Paper

Managing Business Dynamics with Adaptive Supply Chain Portfolios
Year: 
2011

A supply chain usually does not stand alone. Frequently a supply chain is defined by the need of the end customer which has to be satisfied. Since one company commonly deliver several products, within a single company there can be multiple different supply chains aggregated under one organization. This task of managing multiple supply chains is most often referred to as Supply Chain Portfolio Management. It is still in a very early stage of research, so there are only few researchers focusing on this part.

Avoiding Supply Chain Breakdown

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Paper

Managing Risk To Avoid Supply-Chain Breakdown
Year: 
2004

This article presents a comprehensive practice oriented framework for managing supply chain disruptions by Sunil Chopra and ManMohan S. Sodhi. The article has been published in the MIT Sloan Management Review in 2004. The framework covers everything from risk analysis to the selection of the risk mitigation strategy.

Mitigation or Contingency Strategies against Disruptions

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Paper

On the Value of Mitigation and Contingency Strategies for Managing Supply Chain Disruption Risks
Year: 
2006

Uncertainty can be categorized in continuous risk, more slowly changing patterns, and disruptions, which describe abrupt changes in a system.

Tomlin (2006) investigates the question which supply chain strategies perform best when dealing with the later.

Mitigation vs. Contingency Planning

From case studies analyzed in literature the author first deducts disruption management strategies used in practices. The summary can be seen in figure 1.

Researchers’ Perspectives on Supply Chain Risk Management

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Paper

Researchers’ Perspectives on Supply Chain Risk Management
Year: 
2012

The article on review today serves two distinct needs, by summarizing the current (2012) state of supply chain risk management.
The title of the article implies, that this is only a summary relevant for researchers. But this is not the case: of course there is also a short summary of current research and supply chain risk management, but a major part consists of two focus groups with practitioners and researchers, to define the current gaps in supply chain risk management.

Uncertainty in Value Stream Mapping Analysis

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Paper

Uncertainty in value stream mapping analysis
Year: 
2009

Supply chain mapping can be a great tool to foster the understanding and from its results improve a supply chain network overall. Supply chain mapping can also be used to analyze the risks of a supply chain and improve its resilience (for an example in the blog follow this link).

Supply Chain Disruptions and Shareholder Wealth

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Paper

The effect of supply chain glitches on shareholder wealth
Year: 
2003

In last weeks article (Hendricks and Singhal, 2005) I described the effects of supply chain glitches on supply chain performance. This week should be viewed an update to that.

Modeling Defaults of Companies in Multi-Stage SC Networks

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Paper

Modeling defaults of companies in multi-stage supply chain networks
Year: 
2012

Agent-based supply chain models are build using small entities (agents), which might represent a single company.
Each of the agents has its own goals and rules of operation programmed into a computer. The interaction between several agents of this kind leads to a more realistic and complex behavior of the system.

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