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Book Review:Managing Risks in Supply Chains

The book is a collection of excellent articles by various researchers in supply chain risk from mostly Germany and Austria. To make up for yesterday’s perhaps overly harsh critique of just one article from this book, this is a full and proper content review.

Posted in BOOKS and BOOK CHAPTERS
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One bad apple…

Should an editor care? I believe he should. The editor of this book doesn’t, I simply cannot avoid saying it, and I will explain why. While many of the articles/chapters maintain an excellent academic standard, one of the chapters does not at all hold up to any standard. In fact, it is so bad it makes me wonder how this could have slipped by editorial control?

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Identification and simulation of risks in supply networks

The graphical model uses a Bayesian Network to determine the accumulated probability of failure in supply networks. The Bayesian network captures common causal relations of risk events in a supply chain. It is not complete and is not constructed by a proper risk assessment of a special company.

Posted in THIS and THAT
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ARTICLES and PAPERS
Robust, Resilient and Secure
Antagonistic threats against supply chains are a special and limited array of risks and uncertaintie[...]
Perspectives on risk management in supply chains
Today's article is actually not an article on it's own, but an editorial to a special 2009 issue of [...]
BOOKS and BOOK CHAPTERS
Book Review: Procurement Risk
"Do yo like living dangerously? Then you should read this book. It exposes you to over seventy types[...]
Appetite versus Attitude
Finally, and long overdue, another review in the Gower Short Guide to Business Risk book series. Thi[...]
REPORTS and WHITEPAPERS
The Benefits of Investing in Supply Chain Security
With the memory of attacks by Somali pirates still fresh in mind, supply chain security has come to [...]
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
Pay more get more?
How quickly time flies when you're having fun. And fun it is, watching "Suitemates", the big new mar[...]
Is Your Supply Chain Vulnerable?
Recently I came across a report on Supply Chain Vulnerability published as early as 2002 by the Cran[...]