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Dealing with Product Uncertainties in a Supply Chain

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Paper

Aligning supply chain strategies with product uncertainties
Year: 
2003

The article “Aligning Supply Chain Strategies with Product Uncertainties” by Hau L. Lee is a good starting point for SCRM, since it combines a simple, business ready framework for two major supply chain risks.Furthermore it includes many examples to reinforce the theoretical framework.

Supplier Risk Monitoring for the Automotive Industry

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Supplier risk assessment and monitoring for the automotive industry
Year: 
2008

A typical supply chain risk management process consists of four steps: risk identification, assessment, management and monitoring. From those steps, one of the most neglected step is the risk monitoring.
Risk monitoring implies two different actions: Continuous risk assessment and actions, as soon as pre-defined limits are reached.

So this article sheds light on the risk monitoring, from an article by Blackhurst, Scheibe and Johnson (“Supplier risk assessment and monitoring for the automotive industry”).

Supply Chains and Finance

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Supply chain finance: applying finance theory to supply chain management to enhance finance in supply chains
Year: 
2010

This article covers aspects of supply chain and risk management which are related to corporate financing.

Managing Global Sourcing Risk

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Identifying risk issues and research advancements in supply chain risk management
Year: 
2011

Probably most companies source at least some parts for their products from global sources. This could be the steel from Australia, electronics from Taiwan or cloth from India. The reasons for international sourcing usually include cost and quality, which might be superior compared to local sources.

On the other hand longer shipment ways and less direct access and control may also increase the risks of quality failures, delays or even disruptions.

Managing supply in the firm of the future

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Managing supply in the firm of the future
Year: 
1997

This week I would like to think about the future of supply chain management. Cox and Lamming wrote a corresponding article titled: “Managing supply in the firm of the future”.

h5. Methodology

It is difficult to make predictions, especially about the future. So to infer about future development the authors use case studies and historical analysis.

h5. Short history of corporate sourcing

Assessment of Supply Chain Vulnerabilities

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Assessing the Vulnerability of Supply Chains using graph theory
Year: 
2009

This is a review of another chapter of the book by Zsidisin and Ritchie (Supply Chain Risk). The book can be bought at amazon.com, if you are interested in reading more.

Categorization of Supply Chain Risk and Risk Management

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Categorization of Supply Chain Risk and Risk Management
Year: 
2004

Several questions I receive concern the very basic elements of supply chain risk management. Since reading “Categorization of Supply Chain Risk and Risk Management” by Norrman and Lindroth (2004) I often referred to it, to describe the different aspects.

Framework

Norrman and Lindroth suggest a three dimensional framework to analyze different supply chain risk management issues (figure 1). The dimensions are:

Managing Disruption Risks using Real Options (SCRM Thesis)

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Managing Risks of Supply-Chain Disruptions: Dual Sourcing as a Real Option
Year: 
2003

This is the seventh contribution to my series on doctoral and master dissertations on Supply Chain Risk Management. This again is a master thesis from the MIT. 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.

Identifying Sources of Uncertainty

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Identifying sources of uncertainty to generate supply chain redesign strategies
Year: 
2002

A very interesting part of Supply Chain Risk Management deals with the impact of uncertainty on the supply chain design process. Van der Vorst and Beulens (2002) address this topic, and focus on the redesign of supply chains.

They claim that sources of uncertainty can be a key driver for chain redesign and after analyzing the literature and own research (case study) they present a tool for supply chain redesign where the sources of uncertainty support the selection of the relevant strategy.

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