Blog Archives

In memoriam David Kaye

I don’t always keep up with the subjects of my reviews, and today I was very saddened to learn that David Kaye passed away more than a year ago. David Kaye was a leading author, lecturer, examiner and workshop leader on risk management and business continuity subjects.

Posted in THIS and THAT
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Toy stories: lessons to be learned

How the toy industry handles supply chain risk is applicable to many other industries as well. While few of the risks faced by toy makers are unique to the industry, the combination of risks is daunting.

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German Autos at risk? Perhaps not.

An empirical analysis of supply chain risk management in the German automotive industry shows that the group using reactive supply chain risk management seems to do better in terms of disruptions resilience or the reduction of the bullwhip effect, whereas the group pursuing preventive supply chain risk management seems to do better as to flexibility or safety stocks.

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Six levels of risk management

In “Risk management in a dynamic society: a modelling problem” author Jens Rasmussen argues that risk management includes several levels ranging from legislators, over managers and work planners, to system operators.

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Book Review: Security Risk Management – Body of Knowledge

SRMBOK is a vast and practically all-encompassing repository of knowledge, filled with accepted best practices, innovations and research in the evolving field of security risk management.

Posted in BOOKS and BOOK CHAPTERS
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A new and better way of classifying and managing risks?

Risk. The probability of an event occurring and the consequences of the event occurring. Does it have to be like that or is there a different, or perhaps even a better way?

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The world we live in: Risk Society

We live in a world that is full of risk, risks that we to a large degree have created ourselves, and naturally occuring risk hardly exists anymore. That is a risk society.

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Can your business take a blow?

This is not so much a book about risk management in logistics, but more a book about resilience management in logistics, where the authors develop a brilliant framework for how to improve a company’s resilience.

Posted in BOOKS and BOOK CHAPTERS
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Risky cities – want to work there?

AON has now published a people risk map that shows which countries are high or low risk. The accompanying report provides a comparative overview of risks associated with recruitment, employment and relocation in 90 cities worldwide.

Posted in REPORTS and WHITEPAPERS
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Outsourcing – risking it all?

This paper presents some fundamental concerns about the current trend towards global outsourcing and its consequences. Yes, it may be cutting the costs, but it is not cutting the risks.

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How Norwegian freight carriers handle disruptions

How are the supply chains of companies located in sparse transportation networks affected by transportation disruptions? What are typical disruptions in certain locations or for certain types of business, and how do businesses and carriers counter supply chain disruptions?

Posted in my PUBLIC PRESENCE
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Not all risk is risk

The article lists and discusses eight risk definitions, and then suggests an alternative and comprehensive definition that captures all aspects of risk.

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Supply Chain Risk Webinars

I do have a lecture on supply chain risk, but not in webinar style. Perhaps it’s time to reconsider.

Posted in THIS and THAT
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Published. Not perished.

Publish or perish? Publish. It has taken its time, but finally it is there, the book that has my chapter in it. This book links Virtual Enterprise Networks with Supply Chain Management and Risk Management in a cross-disciplinary fashion.

Posted in BOOKS and BOOK CHAPTERS
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Book Review: Managing Risk and Security

Many books on supply chain risk do not deal explicitly with supply chain security; at best it is one of many aspects of discussion. This books takes supply chain security a long step forward, as it provides a cross-section of current research and future issues.

Posted in BOOKS and BOOK CHAPTERS
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Contingent flexibility

Can contingency planning increase flexibility and minimize risk exposure to supply chain disruptions?

Posted in ARTICLES and PAPERS
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Managing supply chains in times of crisis

How do you prepare a supply chain for a crisis, and how do you manage a supply chain when the unexpected hits you?

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Risk Disablers

A new framework for the interpretation of supply chain risk mitigation measures? Interpreted structural modelling.

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Certain death: Not risky. Uncertain death: risky.

It is only when the consequences of actions and events are uncertain that these actions and events are truly risky.

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Information Risk Management

The article highlights that information risks are interrelated and that one factor (or “enabler”) cannot be mitigated without taking into account all the other factors that contribute to or are dependent on this factor.

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ARTICLES and PAPERS
Supply Chain Risk redefined?
What is supply chain risk really? That is what Iris Heckmann, Tina Comes and Stefan Nickel try to an[...]
Fragility and sustainability: emerging research areas?
Should short-term loss-minimization and short-term profit maximization really be the driving force b[...]
BOOKS and BOOK CHAPTERS
Understanding risks in Virtual Enterprise Networks
Today's unstable and highly competitive business environment has created a shift in how enterprises [...]
Book Review:Managing Risks in Supply Chains
To make up for yesterday's perhaps overly harsh critique of just one article from this book, this is[...]
REPORTS and WHITEPAPERS
America’s Crumbling Infrastructure
My daily morning routine includes a cup of coffee while watching the World Business Report on BBC Wo[...]
Assess the vulnerability of your production system
So far I have reviewed "international" literature and web sites, and it is only fitting that now it [...]
from HERE and THERE
Flexibility and robustness as options to reduce risk and uncertainty
Any company operating in international markets will face a multitude of risks. Acknowledging these r[...]
Sheffi's disruption profile
There is a figure in the book The Resilient Enterprise: Overcoming Vulnerability for Competitive Adv[...]