risk

Risk Healthcheck - This Week in Supply Chain Management (6 / 2012)

This week was low on news, beside the frosty temperatures in Europe.

Behavioral Risks in Supply Networks

Fivestar rating field for readers to rate the content.

Paper

Behavioural Risks in Supply Networks
Year: 
2009

Not only earthquakes and terrorist attacks can lead to supply chain disruptions. Supply chains are also subject to behavioral risks, meaning that participants of the supply chain could exhibit behavior which might be consistent with their goals, but contrary to the goals of the supply chain’s other participants.

Dual Supply Channel Disruption and Supply Chain Design

Fivestar rating field for readers to rate the content.

Paper

Optimal newsvendor policies for dual-sourcing supply chains: A disruption risk management framework
Year: 
2012

This is the continuation of the Greece week and today I am going to have a look at a mathematical model to capture the effects of dual disruptions in a news-vendor model.

This time the three authors (Xanthopoulos, Vlachos and Iakovou) come from the Aristotle University of Thessaloniki.

Supplier Risk Monitoring for the Automotive Industry

Fivestar rating field for readers to rate the content.

Paper

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”).

Predicting and Managing Supply Chain Risks

Fivestar rating field for readers to rate the content.

Paper

Predicting and Managing Supply Chain Risks
Year: 
2006

I often recommend Supply Chain Risk: A Handbook of Assessment, Management, and Performance as a good overview of supply chain risk management literature.

Supply Risk Management from a Small Company's Perspective

Fivestar rating field for readers to rate the content.

Paper

Supply risk management in a small company perspective

This study takes a closer look at supply risk management, but this time from the perspective of several small companies. This article tries to answer the questions what risks small company owners (SCOs) see and how SCOs mitigate those risks.

Improving Supply Chain Performance and Managing Risk Under Weather-Related Demand Uncertainty

Fivestar rating field for readers to rate the content.

Paper

Improving Supply Chain Performance and Managing Risk Under Weather-Related Demand Uncertainty
Year: 
2010

The demand of many products is connected to the weather patterns during and before the selling season. Ice cream can be best sold during warm summers, of course. But also other food products or clothes exhibit weather dependent demand pattern.

Supply Chain Flexibility in an uncertain Environment: exploratory Findings from Five Case Studies

Fivestar rating field for readers to rate the content.

Paper

Supply chain flexibility in an uncertain environment: exploratory findings from five case studies
Year: 
2011

This is another look at flexibility strategies to reduce uncertainty in supply chains. This time from the point of view of five Chinese companies in the apparel industry.

The Power of Flexibility for Mitigating Supply Chain Risks

Fivestar rating field for readers to rate the content.

Paper

The power of flexibility for mitigating supply chain risks

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).




Diversification under Yield Randomness in Inventory Models

Fivestar rating field for readers to rate the content.

Paper

Diversification under yield randomness in inventory models
Year: 
1993

I haven’t really touched on the early research on risks in supply chain management. One major stream is on random yields. Parlar and Wang (1993) were one of the firsts to extend the classic Newsboy and EOQ (Economic Order Quantity) models to include uncertainty.

h5. Models

Pages

Subscribe to risk