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Supply chain risk management follows three basic processes to manage supply chain risks: Identify, Assess and Mitigate. This paper considers a systems perspective towards managing these risks. It presents variables that may affect Next Generation Supply Chains and applies a System dynamics...
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Purpose - With increasing exposure to disruptions, it is vital for supply chains to manage the risks proactively. Prediction of potential failure points and overall impact of these risks is challenging. In this paper, systems thinking concepts are applied for modelling supply chain risks. The...
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Purpose - This paper examines Supply Chain Risk Management (SCRM) from a holistic systems thinking perspective by considering the different typologies that have evolved as a result of earlier research. The aim of research reported in this paper is the identification of important strategic...
Persistent link: https://www.econbiz.de/10012974925
Impact of globalization, technological and environmental changes, has radically influenced supply chain risks and mitigating strategies. Since uncertainty is an intrinsic element of the aerospace supply chain system, this paper analyses the uncertain variables (risks) in aerospace supply chain...
Persistent link: https://www.econbiz.de/10012976003
Supply chain risk propagation is a cascading effect of risks on global supply chain networks. The paper attempts to measure the behaviour of risks following the assessment of supply chain risk propagation. Bayesian network theory is used to analyse the multi-echelon network faced with...
Persistent link: https://www.econbiz.de/10012922013
Increased risk exposure levels, technological developments and the growing information overload in supply chain networks drive organizations to embrace data-driven approaches in Supply Chain Risk Management (SCRM). Data Mining (DM) employs multiple analytical techniques for intelligent and...
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