Supply Chain Risk

How can substitution requirements be integrated in the internal (quality) management systems of companies and along the supply chain risk manage-menf ) ... 

Fig. 16.3 Chemicals control. Supply chain risk management - two main types of legislation...

Supply Chain Risk Management through HAZOP and Dynamic Simulation... 

Framework and Methodology for Supply Chain Risk Management... 

Overall Supply Chain Risk Reduction Options 138... 

Distribution Supply Chains Risk Pooling and Inventory Impact... 

In all the examples discussed until this point, the manufacturer chose capacity and thus absorbed supply chain risk. Consider the case where the retailer has to order ahead of observing demand (i.e., at time L before the start of the season), while the manufacturer produces this certain order. The retailer thus absorbs all demand risk through its choice of inventory. Given that demand is variable, this demand risk manifests itself at the end of the season through either excess inventory that has to be salvaged or shortages that generate opportunity costs. 

Supply chain risk management. The combination of structured and unstructured data on suppliers can improve the time to sense a supplier risk. The translation of this data for early warning is a big data supply chain opportunity. 

Frameworks for systemizing supply chain risk sources and handling the consequences of these are numerous (Vanany et al. 2009 Zsidisin et al. 2004). Svensson (2000) in essence divides risk management approaches... 

Tang Tomlin (2008) sum up previous research on why risk reduction efforts are not widespread, although there is a wide acceptance of the existence of supply chain risk 1) Firms do not know how to manage supply chain risks, and 2) Firms lack credible estimates of the cost of a disruption, obstructing a formal cost/benefit analysis to justify risk reduction benefits (Rice Jr Caniato 2003 Zsidisin et al. 2004). These are questions which our assessment will be helping to... 

Risks and vulnerabilities in supply chains are widely acknowledged as a challenge for corporations, see e.g. Manuj Mentzer (2008), Paulsson (2004) andVanany etal. (2009). However, while there are a niunber of proposed conceptual frameworks, few seem to give clear answers to performing supply chain risk management. 

Asbjemslett, Bjorn Egil. 2008. Assessing the Vulnerability of Supply Chains. In Supply Chain Risk — A handbook of Assessment, Management, and Performance, eds. G. A. Zsidisin and Bob Ritchie Springer Science-I-Business Media, LLC. 

Brindley, C. 2004. Supply Chain Risk Ashgate Publishing Ltd. 

Christopher, Martin Hau Lee. 2004. Mitigating supply chain risk through improved confidence. International Journal of Physical Distribution and Logistics Management 34(5). 

Manuj, Ila John T. Mentzer. 2008. Global Supply Chain Risk Management. Journal of Business Logistics 29(1). 

Nortmann, Andreas Ulf Jansson. 2004. Ericsson s proactive supply chain risk management after a serious sub-supplier accident. International Journal of Physical Distribution Logistics Management 34(5) 434- 56. 

Vanany, Iwan, Suhaiza Zailani Nyoman Pujawan. 2009. Supply Chain Risk Management Literature Review and Future Research. Inti. Journal of Information Systems and Supply Chain Management 2 16—33. 

Management of business rules, supply chain performance, data collection, inventory, capital assets, transportation, planning configuration, regulatory requirements and compliance, and supply chain risk... 

Schoenherr T, Tummala V, Harrison T (2008) Assessing supply chain risks with the analytic hierarchy process providing decision support for the off shoring decision by a US manufacturing company. J Purchasing Supply Manage 14 100-111... 

While supply chain risk and information technology risk have been studied in isolation, little has been done to define the impact of information security threats within highly integrated... 

Spekman and Davis (2004) stated that risk is context specific, where differentt5q)es ofrisk affect enterprises differently. From a business context, DeLoach (2000) identified risk as the level of exposure to imcertainties that the enterprise must understand and effectively manage as it executes its strategies to achieve its business objectives and create value. Within this context, the definition of risk is clear yet broad, as business risk may refer to many functions of an enterprise. To hone the definition to apply to supply chain risk, it must be refined to emphasize supply and demand. 

Zsidisin (2003) states that supply chain risk is the potential occurrence of an incident associated with inbound supply from individual supplier fail-... 

These uncertainties and conflicts exist because little has been done in the way of a unifying framework between IT security and supply chain risk. Given the growing importance of IT in SCM and the rise in IT security incidents in recent years, resolving this dilemma is critical to a resilient modem supply chain. In pursuit of such a framework, a fundamental understanding of IT security risk is essential. Therefore, an overview of IT security risk factors is supplied in the following section. 

Juttner, U., Peck, H., Christopher, M. (2003). Supply chain risk management Outlining an agenda for future research.InternationalJournal ofLogistics Research Applications, (5(4), 197. 

The chapter identifies and categorizes the sources of IT threats in supply chains through a laige-scale survey of companies across various supply chain functions. The authors aigue that the integration of information flows facilitates supply chain collaboration and also increases supply chain risks. The authors suggest that in order for supply chain collaboration to succeed, the benefits of IT integration must exceed the increase in supply chain risk affected by IT. 

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