Blog Archives

A Christmas To Remember

This has truly been a year of continuous supply chain disruptions, and many businesses have felt the effects of the pandemic. I realize now that I should have seized the opportunity long ago to reinstate this blog in the early months of 2020, not now, when it it is nearly over.

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Migrants and European supply chains

Truckers caught up in Europe’s migrant crisis say business is increasingly disrupted by queues and stowaways, but they are far more worried governments will step up border controls

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Shippers, carriers and disruptions

While carriers focus on the immediate and short-term impact and how to solve the situation, .i.e how to deliver on time if still possible, shippers focus more on the strategic and long-term impact and on how to avoid the situation, i.e. how to prevent this from happening again.

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Estimation of disruption risk

Here is a new model that links disruption risk to disruption source, that covers all flow-related disruption risks in the total supply chain from natural resources to delivered final product, and that is seen from the angle of an individual focal unit in the supply chain.

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Disruptions in supply networks

Supply chain disturbances and supply chain disruptions. Not the same and very different from each other. The former can be managed and solved within an established supply chain, the latter often requires establishing a new supply network. Understanding this difference is crucially important.

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Are supply and demand elasticity a risk?

This paper describes the performance of supply chains based on their elasticities of supply and demand. The model can be used to predict a supply chain’s ability to respond to supply interruptions, cost increases, and demand shifts, while also quantifying the degree to which it is prone to the bullwhip effect.

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2010 – the year of catastrophe

A recent article in the Wall Street Journal, an article that paints 2010 as the year of the catastrophe, and the insurance company Swiss Re estimates that worldwide economic losses from natural catastrophes and man-made disasters reached $222 billion last year – more than triple the losses in 2009.

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Supply chain risk – in your head?

This article paints an interesting picture of how supply chain professionals view risk, which risk they perceive and what they do in reaction to these risks.

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Wintry disruptions…again

Winter has come early to Europe this year. Very early. Snow has covered much of Europe that hasn’t seen snow in winter for years,with widespread ramifications for all sorts of transport.

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The impact of supply chain glitches

This is an investigation of the effects on shareholder wealth of supply chain glitches that resulted in production or shipment delays, using a sample of 519 announcements made during 1989-2000. On average, shareholder value is decrease by near 11% following an announcement of supply chain problems.

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The impact of supply chain disasters

Disasters. The result: Damaged infrastructure. End result: Disrupted supply chains. But how do disasters really impact supply chains? Is it different upstream or downstream the supply chain?

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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 disruption in your supply chain. Chose the right supplier, and all goes well. Hopefully. But is it possible to judge risk objectively?

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WCTR 2010

How do Norwegian freight carriers handle the impacts of transportation disruptions? Are “bad” locations synonymous with “bad” logistics? That is the title of my presentation at the World Conference on Transport Research, WCTR 2010, in Lisbon, Portugal, this week. The answer is No.

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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?

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State of the art in SCRM?

Supply chain risk management is a process with 5 evolutionary steps, involving no less than 17 underlying principles. The conceptual framework developed in this article clearly identifies the main principles of SCRM and develops a framework and definitions for disturbance, disruption, security, resilience and risk.

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Volcanic Ash Cloud Day 5

While it is fair to assume that volcanic eruptions are in the business continuity plans of most airlines, it is probably not so fair to assume that 5 days of sudden air traffic restrictions is in the business continuity plans of most companies reliant on frequent air travel.

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Can we do without air traffic?

The German newspaper Die Welt has an interesting, semi-humorous article, looking at the possible impacts of a volcano scenario that lasts one week, one month and one year. Can we do without air traffic?

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Business continuity 101

This is the 3rd day with severe transportation and thus supply chain disruptions all over Europe, due to the volcanic ash clod from Iceland, forcing travellers, cargo shippers and logistics providers to seek alternative solutions. In essence this is a very practical lesson in business continuity.

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Supply chain vulnerability: Mitigation strategies

Which mitigation strategy that works best when faced with which supply chain catastrophe? This is a paper that every supply chain manager should read, at least once.

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Transportation – the forgotten staple

Transportation is a staple ingredient in supply chains and uncertainty is a staple ingredient in risk assessments, and consequently, transportation uncertainty is a staple ingredient in supply chain risks.

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ARTICLES and PAPERS
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[...]
The impact of supply chain disasters
Disasters. The result: Damaged infrastructure. End result: Disrupted supply chains. But how do disas[...]
BOOKS and BOOK CHAPTERS
Risk Management in Global Supply Chain Networks
Supply Chain Risks can be classified as either one of these three, Deviation, Disruption or Disaster[...]
Risk Management in Maritime Transportation Networks
This week’s focus are risks in the maritime supply chain, and today's article introduces a new metho[...]
REPORTS and WHITEPAPERS
Risky cities - want to work there?
If you are doing global business, do you know where you are at risk and what risk that is most perti[...]
Global Risk Reports
While waiting for the World Economic Forum Global Risk Report for 2009, the continuation of the Glob[...]
from HERE and THERE
Global Risk and Compliance - Are you protected?
Trade Compliance and Export Control are not just buzzwords in global supply chain. They represent si[...]
Christchurch earthquake...again!?!
Oh dear...another earthquake in Christchurch, New Zealand, less than 6 months after the previous dis[...]