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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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ARTICLES and PAPERS
A conceptual framework for supply chain vulnerability
Today's article is one of the earlier works on supply chain vulnerability, published in 2000. A conc[...]
Strategic Alliances: Trust Control Risk
Can strategic alliances really work?  In Trust, Control and Risk in Strategic Alliances, Das & T[...]
BOOKS and BOOK CHAPTERS
SME Risk Management
Small and medium-sized enterprises (SMEs) make up the majority of enterprises in most countries, and[...]
Resilience times four
Resilience. It is not so much about reducing the number of things that go wrong, but it is about imp[...]
REPORTS and WHITEPAPERS
Supply Chain and Transport Risk
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How New Zealand develops resilient organisations
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from HERE and THERE
Issues in visualization of risk and vulnerability
Risk analysis tends to be a highly mathematically, statistically, and let alone probabilistically or[...]
Today's transport disruption: volcanoes
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