Blog Archives

Calculating the Value-at-Risk

The Value-at-Risk is an important construct in estimating the economic implications of supply chain risks and in implementing the best strategies for supply chain risk management.

Posted in REPORTS and WHITEPAPERS
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Book Review: Procurement Risk

Not only will this book help procurement professionals to lift their head from their desks and gain a wider perspective on possible ramifications of their purchasing decisions, it will also help top managers to seeing procurement as a crucial contributor to a company’s well-being and competitive advantage.

Posted in BOOKS and BOOK CHAPTERS
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Supply Chain Risk and Vulnerability in Indonesia

Indonesia. A logistical challenge for any supply chain, if not a logistical nightmare, and thus prone to supply chain disruptions. One would think that supply chain risk management would find fertile soil here, but does it?

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Supply Chain Risk Management Forum

The Supply Chain Risk Management Forum in Toronto, Canada on March 29, 2011 is a follow-up on last year’s successful Strategic Supply Chain Management Forum, and is focused specifically on a current critical issue: supply chain risk.

Posted in THIS and THAT
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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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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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Risk management: core competence?

Blindly minimizing risk is a losing proposition in the long term, and uncertainty or risk are at the root of opportunity towards new profitable enterprises. Risk minimizing does not equal profit maximizing.

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Measuring supply chain risk management

There can be no generally valid risk for all types of supply chains, but risks must be defined from within the context of the supply chain that is the subject of analysis.

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Supply Chain Risk Management in six steps

Supply management is not just about acquiring goods and services at the best possible price. It’s also about identifying possible disruptions to the supply chain and taking steps to mitigate them. While the article may be lacking in academic depth, it makes up for it in its hands-on managerial approach.

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Measuring supply chain risk management

Each individual supply chain is unique in certain respects and this uniqueness may require unique approaches to the management of the risks involved.

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ARTICLES and PAPERS
Robust, Rapid, Resilient
The resilience of infrastructure systems can be measured by two dimensions: robustness, the extent o[...]
Supply Chain Risk: Invasive Species
With 90% of world trade carried by sea, the global network of ships criss-crossing the oceans provid[...]
BOOKS and BOOK CHAPTERS
Supply Chain Continuity
Many business owners will have come across the term business continuity, and many supply chain owner[...]
Book review: The Network Reliability of Transport
I guess you would have to have attended the conference yourself or be a researcher in this very fiel[...]
REPORTS and WHITEPAPERS
When disaster strikes...
...how does the transportation network recover? And why are transportation networks so essential to [...]
Critical Infrastructure and Resilience
What happens when a business is disabled for a length of time? What are the impacts on its profitabi[...]
from HERE and THERE
Migrants and European supply chains
Truckers caught up in Europe's migrant crisis say business is increasingly disrupted by queues and s[...]
In memoriam David Kaye
Sad news. I don't always keep up with the subjects of my reviews, and today I was very saddened to l[...]