Blog Archives

Supply chain agility – Risk mitigation and response

How does company culture shape a firm’s risk mitigation and response, and thus, how does company culture shape a firm’s supply chain agility?

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Bad locations = bad logistics?

How are companies located in sparse transport networks affected by supply chain disruptions? This article develops a new framework for the categorization of supply chains, and introduces the notion of the constrained supply chain.

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Sheffi’s Resilient Enterprise and supply chain risk

Building a resilient enterprise is an enterprise-wide undertaking that is about so much more than simply preparing a company for disruptions.

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What’s so special about this Paul Kleindorfer?

Apparently there must be something really special about Paul Kleindorfer. Otherwise there would be no reason for Morris A Cohen and Howard Kunreuther to write their tribute to him.

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Catastrophic events in supply chains

Finding the right facility location is difficult enough. Keeping it safe is even more difficult. One of the building bricks of the this article is the identification of so-called key supply chain locations.

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The ISCRiM Newsletter 2/2009

As a researcher within supply chain risk, I find the ISCRiM Newsletters a valuable source of information, particularily for academia-related news on recent papers, books, conferences, dissertations and theses, job openings, ongoing research projects and whatever else.

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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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Risks in virtual enterprise networks and supply chains

Conceptual in its approach and drawing from other areas of research, this paper introduces four distinct groups of VENS, namely Constrained, Directed, Limited and Free VEN, and concludes that VEN risk management can and should learn from supply chain risk management.

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Does product design impact supply chain risk?

What is in the supply chain is determined by a design process, and consequently, is it possible to design supply chain risk out of (or in to) the supply chain?

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The six ways of dealing with risk

Avoid, Reduce, Transfer and Retain or Accept are the classic four ways of dealing with risk in a risk matrix. However, there are two more: Exploit and Ignore.

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Risk Management: Contingent versus Mitigative

Risk management needs to address both sides of the risk: what lies behind the risk (source) and what lies in front of it (consequences).

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Supply Chain Risk Management – A relationship approach

SCRM needs to address the whole supply chain, since risk can emanate from any part of the supply chain and potentially affect the performance of the entire supply chain.

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Book Review: Global Supply Chain Management

This is a handbook indeed, allowing the reader to focus on one area of investigation at the time, while never leaving the whole chain out of sight. My interest in it stems from the fact that it contains a chapter on risk management.

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Risk in supply networks – a tale of principals and agents

It is not often that I see a paper focusing on the network relationships risks rather than the network risks, let alone applying the principal-agent theory so elegantly.

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Fragility and sustainability: emerging research areas?

Should short-term loss-minimization and short-term profit maximization really be the driving force behind supply chain risk management?

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Supply chain risk management – a literature review

Is it possible to summarize seven years of supply chain risk management research and find a common theme or definition of what supply chain risk is all about?

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Robustness, resilience, flexibility and agility

These concepts are often confused, and thus, warrant further explanation. They are distinctively different.

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ARTICLES and PAPERS
Hamilton's Circle of Risk
Searching for background information in my preparation for tomorrow's lecture on supply chain risk, [...]
Supply Chain Turbulence
We are living in turbulent times. So are our supply chains. Nonetheless, the standard tenets of supp[...]
BOOKS and BOOK CHAPTERS
Risk in Virtual Enterprise Networks
Done...I finally made it! Today I submitted my full chapter for the book on Managing Risk in Virtual[...]
Book Review: Transportation Network Analysis
Transportation Network Analysis by M. G. H. Bell and Yasunori Iida is a book for the expert rather t[...]
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[...]
Calculating the Value-at-Risk
Some of you may remember that I posted about the SCOR Framework for Supply Chain Risk Management ear[...]
from HERE and THERE
Retail SCM Summit 2011
China. Perhaps the biggest arena for future development in logistics and supply chain management? It[...]
Economies of scale
In an article in the Norwegian newspaper Dagbladet today, some of Norways's major construction busin[...]