Blog Archives

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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ARTICLES and PAPERS
Supply Chain Security - an overview and research agenda
Supply chain security is one of many components of a company's overall supply chain risk management,[...]
Accessibility Index - Transport Network Vulnerability
Taylor, M., Sekhar, S., & D'Este, G. (2006). Application of Accessibility Based Methods for Vulnerability Analysis of Strategic Road Networks Networks and Spatial Economics, 6 (3-4), 267-291
I had the pleasure of meeting M.A.P. Taylor at the 3rd International Symposium on Transport Network [...]
BOOKS and BOOK CHAPTERS
What are Logistics Clusters?
This is a guest post by Professor Yossi Sheffi, Director, MIT Center for Transportation & Logist[...]
Resilience times four
Resilience. It is not so much about reducing the number of things that go wrong, but it is about imp[...]
REPORTS and WHITEPAPERS
Assess the vulnerability of your production system
So far I have reviewed "international" literature and web sites, and it is only fitting that now it [...]
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
Sweet Seduction
Kinaxis Suitemates Episode 4
Time for my weekly reminder: "Suitemates", the big new marketing campaign by Kinaxis. Canada-based [...]
A Christmas To Remember
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This has truly been a year of continuous supply chain disruptions, and many businesses have felt th[...]