Tag Archives: Kersten Wolfgang

Book Review:Managing Risks in Supply Chains

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Revised on: 2015-09-13

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.  Managing Risks in Supply Chains: How to Build Reliable Collaboration in Logistics, edited by Wolfgang Kersten and Thorsten Blecker, is a collection of articles by various researchers from mostly Germany and Austria, and lo and behold, Marco Moder, whose PhD on Supply Frühwarnsysteme has been reviewed on this blog previously, is also among the contributors. This book has been out for a while, but I didn’t discover it until recently, and now my library finally bought a copy for me to read and review for the readers of my blog.

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One bad apple…

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Revised on: 2015-09-10

…spoils the barrel? Yesterday I sat down to prepare a review of this book, Managing Risks in Supply Chains: How to Build Reliable Collaboration in Logistics,  edited by Wolfgang Kersten and Thorsten Blecker. The book is a collection of articles by various researchers from mostly Germany and Austria, and 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

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Revised on: 2015-09-09

The other day I got an email from Jan Bertrand, a Master student at the University of Technology Hamburg-Harburg, Germany, who is working on comparing  tools for quantifying risks in supply networks. The reason for disruptions in supply networks is often due to a causal sequence of failure events. Therefore the causal relations of risks are modelled with a Bayesian network (Causal Network). Bertrand has established a website with a graphical model that visualizes the causal connection between risks and in an uncertain environment.

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