This article sheds light on the question of how much flexibility is necessary to secure the supply chain against disruption risks.
The paper reviewed today takes a closer look at three supply chain risks: supply, process and demand risks (figure 1).
Today’s article finally closes a gap in the blog that I wanted to close for a while now.
Flexibility can be seen as a key basis for some companies and supply chains as a business strategy and for most companies as an approach for risk mitigation. The article by Duclos et al. presents a flexibility concept from a supply chain point of view and can be used as a foundation for further decisions on the supply chain strategy.
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.