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Avoid Supply Chain Breakdown – Tailored Risk Management

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In Chopra and Sodhi (2004) ‘Managing Risk to Avoid Supply-Chain Breakdown’ the first key message is that some mitigation strategies may actually increase risk in some business areas, rather than reduce it.The second key message is that the cost of mitigating or building up a reserve must be balanced against the level of risk.

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ARTICLES and PAPERS
Theory versus Practice
What happens when theory meets practice? Theory fails and practice wins? In academia, more often tha[...]
Avoid Supply Chain Breakdown - Tailored Risk Management
In my previous post on Ericsson versus Nokia - the now classic case of supply chain disruption I men[...]
BOOKS and BOOK CHAPTERS
Book Review: Managing Risk and Security
One of my readers suggested this book to me via  a comment on my supply chain literature list pages[...]
ISCRiM 2010 Proceedings
Two weeks ago I attended the ISCRiM 2010 seminar at Loughborough University, a gathering of some of [...]
REPORTS and WHITEPAPERS
Vulnerable or valuable supply chain?
More than a year old now, but still holding not so few words of wisdom is the Pricewaterhouse Cooper[...]
Creating the resilient supply chain
This blog is about supply chain risk, business continuity and transport vulnerability, and while I h[...]
from HERE and THERE
Customs Research meets Customs Practice
Customs. A real hassle and a nuisance at times, but also a necessary evil in international trade. "E[...]
The curse of being oil-rich
Ah...the complacency of being oil rich. So complacent, in fact, that we forget about our infrastruct[...]