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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
Risky decisions - just do it, or not?
Choosing the right supplier is a risky decision. Chose the wrong supplier, and you may face a severe[...]
Supply Chain Risk Management: A Neural Network Approach
I found a very interesting article by Frank Teuteberg in Strategies and Tactics in Supply Chain Even[...]
BOOKS and BOOK CHAPTERS
Book Review: Managing Supply Chain Risk and Vulnerability
Another book by someone from the ISCRiM group? No, not this time, or perhaps, yes, after all. Managi[...]
The Definition of Agility
Although getting close to 20 years old now, The Agile Virtual Enterprise: Cases, Metrics, Tools, wri[...]
REPORTS and WHITEPAPERS
The supply chain of the future
A recent report by IBM, referenced by Supply Chain Digest in IBM Lays Out its Vision for the Supply [...]
A Decade of Living Dangerously
Do you remember the movie The Year of Living Dangerously with Mel Gibson? Topically unrelated maybe,[...]
from HERE and THERE
Can you outsource risk?
While China has taken steps to address safety concerns after the recalls of last year, yet small pl[...]
Robustness, flexibility and resilience
In a previous paper, back in 2004, I discussed the issue of Flexibility and robustness as options to[...]