Blog Archives

Reliability and vulnerability versus costs and benefits

The paper outlines a framework for developing a methodology that to incorporate reliability and vulnerability as parameters for decision-support in a cost-benefit analysis. In doing so, this paper seeks to establish a link between the terms reliability/vulnerability and cost/benefit and seeks to describe reliability and vulnerability in terms of cost and benefit.

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ARTICLES and PAPERS
A new and better way of classifying and managing risks?
Risk. The probability of an event occurring and the consequences of the event occurring. That is how[...]
How to secure your supply chain - 3/7
Today's post is part three of my continuing journey through the Swedish handbook titled "Säkra föret[...]
BOOKS and BOOK CHAPTERS
Book Review: How Nature Works
How Nature works is a fascinating book. I first heard of the late Per Bak and his sandpile theories [...]
Risk Management Simplified
Risk management. Why make it difficult when you can make it easy? That is perhaps what Andy Osborne [...]
REPORTS and WHITEPAPERS
Global Risks 2009 - Countries at risk?
How will the current financial downturn affect supply chains? That's what we all wonder about, isn't[...]
Global Risks 2008 - A prediction come true
In my post on Hyper-optimization and supply chain vulnerability: an invisible global risk? I highlig[...]
from HERE and THERE
Business continuity 101
This is the 3rd day with severe transportation and thus supply chain disruptions all over Europe, du[...]
Piracy at sea - is your supply chain at risk?
You may not consider it the foremost supply chain risk, but piracy can endanger civilians, can disru[...]