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 Turbulence
We are living in turbulent times. So are our supply chains. Nonetheless, the standard tenets of supp[...]
Finding the right location - minimizing disruption costs
Classical facility location models assume that once optimally located and set up, facilities will op[...]
BOOKS and BOOK CHAPTERS
The Definition of Agility
Although getting close to 20 years old now, The Agile Virtual Enterprise: Cases, Metrics, Tools, wri[...]
Book Review: Strategies and Tactics in Supply Chain Event Management
Operations Management and Logistics have been around for a while, but Supply Chain Management is a r[...]
REPORTS and WHITEPAPERS
Engineering transportation lifelines
New Zealand is probably not the fist country that comes to mind when thinking of state-of-the-art tr[...]
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[...]
from HERE and THERE
Today's transport disruption: volcanoes
I haven't had a "In the news" post for quite some time, but now Norway and much of Northern Europe a[...]
Resilience Lessons from the Haiti Earthquake
The recent earthquake in Haiti is a poignant reminder of how vulnerable a country is when it is faci[...]