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.
This article considers the design of robust supply chains from the viewpoint of exception handling. Disruptions of the supply chain happen all the time. Smaller disruptions like quality issues are part of the daily business; but a look at the recent ten years shows that large disruptions, happen more often as well (think of terrorist attacks or earthquakes). “Thus, exception management is an important issue in global supply chain networks.”
Submitted by Daniel Dumke on Wed, 2010-10-13 15:28
Supply Chain Design - Robuste Planung mit differenzierter Auswahl der Zulieferer
Peter Lang, Frankfurt a.M., Dissertation
This is the third 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.