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Shipping accidents and environmental disasters pose a challenge to the reliability of maritime supply chains. With international trade intensifying without a significant diversification of the supply routes the risk of perturbations is likely to increase, because higher atmospheric carbon...
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In the last twenty years, ERM has gained relevance in business management and was put to test in many “tail” situations, starting from the SARS outbreaks in 2003 up to recent financial crises (subprime and sovereign debt crises) and regional pandemic. Notwithstanding the lesson learnt, prima...
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We model a multi-echelon system where disruptions can occur at any stage and evaluate multiple strategies for protecting customer service if a disruption should occur. The strategies considered take advantage of the network itself and include satisfying demand from an alternate location in the...
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