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We describe the need for resilience in supply chains given the recent stream of disruptions that the world has experienced. Based on recent events, we identify different types of disruptions that have challenged the resilience of supply chains. Subsequently, we describe the different digital...
Persistent link: https://www.econbiz.de/10014290899
We consider a decentralized supply chain in which a downstream manufacturer purchases components from an upstream supplier privileged with private information about supply disruption risk. The supplier's initial reliability, asymmetric to the manufacturer, is either low or high. We examine two...
Persistent link: https://www.econbiz.de/10012838902
Business scandals like sweatshop labor have received growing attention in the field of supply management. Yet little is known about how detrimental such scandals are to buying firms. This study aims to fill this gap by examining the magnitude of the consequences of what are termed supplier...
Persistent link: https://www.econbiz.de/10012908439
Today in customer-centric businesses, all supply networks are extremely complex and dynamic in nature in order to have a better supply network and competitive advantage in the market. Due to this complex and changing supply structure, it is vulnerable to various natural and man-made disruptions....
Persistent link: https://www.econbiz.de/10012943853
In a time of increasingly frequent disruptions with a global pandemic being the latest crisis, supply chain resilience becomes a priority for most executives. The basic roadmap to supply chain resilience is well established and generally understood by managers, however, implementation and...
Persistent link: https://www.econbiz.de/10013239533
In today's with the increasing complexity of supply chains, supplier relationships have gained strategic importance for supply chains. Long-term and sustainable supplier relations are important to gain a competitive advantage in the supply chain. It is also important that suppliers are selected...
Persistent link: https://www.econbiz.de/10013241321
Supply chain disruptions have serious consequences for society and this has made supply chain risk management (SCRM) an attractive area for researchers and managers. In this paper, we use an objective literature mapping approach to identify, classify, and analyze decision-making models and...
Persistent link: https://www.econbiz.de/10012307838
We propose a new model formulation for a three-echelon supply network design problem incorporating the concept of relocatable modular capacities. A robust supply network configuration must be determined based on uncertain demand. Furthermore, by incorporating the conditional value at risk...
Persistent link: https://www.econbiz.de/10014237572
We extend the linear programming (LP) model of deterministic supply-chain planning to take demand uncertainty and cash flows into account for the medium term. The resulting stochastic LP model is similar to that of Asset-Liability Management (ALM), for which the literature using stochastic...
Persistent link: https://www.econbiz.de/10014057431
Lack of transparency in the global supply chains has emerged as a major risk for sustainability in the recent times. This is due to customer awareness about human rights and environmental issues and government legislations in the hosting countries to hold the organizations responsible for the...
Persistent link: https://www.econbiz.de/10014032658