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Finding the right location – minimizing disruption costs

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Classical facility location models assume that once optimally located and set up, facilities will operate as planned, smoothly, and without interruption. In reality, though, operations seldom go as planned; interruptions, unscheduled downtime and failures occur every once in a while, with unplanned and unbudgeted disruption costs as a consequence.

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Posted in ARTICLES and PAPERS
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ARTICLES and PAPERS
Six levels of risk management
In spite of all efforts to design safer systems, we still witness severe, large-scale accidents. A b[...]
Global supply chain risk management strategies
A case of mistaken identity, or so I thought, but it's not. There are in fact two separate articles,[...]
BOOKS and BOOK CHAPTERS
SC Design and Management
More than 500-page heavy and laden with real-life examples and thoroughly calculated details, Design[...]
Enterprise-wide Risk Management
Coming from a crisis management and business continuity background, I really enjoyed reading Enterpr[...]
REPORTS and WHITEPAPERS
Supply chain disruption risk on the rise
Global supply chains are increasingly becoming more vulnerable to potential disruption to trade, say[...]
Supply Chain Security
Today's supply chains circle the globe and form the backbone of world trade and a are major factor i[...]
from HERE and THERE
How to disrupt a supply chain
This is a brief description of a model I developed for supply chain risk and vulnerability, with ris[...]
Norwegian roads are dangerous!
rv70 Oppdølstranda
I just learned from the news this evening, while writing on a rather dull post for this blog, that a[...]