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?

Posted in ARTICLES and PAPERS
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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.

Posted in ARTICLES and PAPERS
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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.

Posted in ARTICLES and PAPERS
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ARTICLES and PAPERS
Supply chain agility - Risk mitigation and response
How does company culture shape a firm's risk mitigation and response, and thus, how does company cul[...]
MBA - Major Bad Ass?
Are business schools bad for business? I recently came across a very interesting article by the late[...]
BOOKS and BOOK CHAPTERS
SME Risk Management
Small and medium-sized enterprises (SMEs) make up the majority of enterprises in most countries, and[...]
SC Design and Management
More than 500-page heavy and laden with real-life examples and thoroughly calculated details, Design[...]
REPORTS and WHITEPAPERS
Infrastructure - essential for competitiveness?
Regular readers of this blog may have noticed my regular rants about the state of the Norwegian infr[...]
Global Risks 2008 - A prediction come true
In my post on Hyper-optimization and supply chain vulnerability: an invisible global risk? I highlig[...]
from HERE and THERE
Magnified Risk in Multi-Enterprise Supply Chains
industry week
Browsing other blogs on supply chain issues this morning, I came across yesterday's posting in The N[...]
Supply Chain Performance Metrics
Financial key performance indicators are valuable because they capture the economic consequences of [...]