Competition is the driving force of today's economy and it is vital for organizations to gain competitive advantages. In recent years, outsourcing has been the focus of managers as a tool for developing organizations and improving productivity. This study deals to analyze the outsourcing risks of the supply chain in the automotive industry using fuzzy inference systems. For this purpose, in the...

It is necessary to research on how to manage risks in Chinese chemical industry supply chain effectively. After analyzing supply chain risks and mitigation strategies in Chinese chemical industry supply chain, firstly this paper defines the supply chain risk management problem in Chinese chemical industry. Then this paper develops a stochastic chance-constrained programming model to select opti...

This paper studies the risks and uncertainties surrounding global food supply chains and finds that “scenario planning” which is a popular tool used in other sectors for risk identification, is less widely used to indentify risks within global food supply chains. Presented in this paper is a review of available literature and a discussion with regards to the feasibility of using scenario planni...

Today’s marketplace is characterised by turbulence and uncertainty. Market turbulence has tended to increase for a number of reasons. Demand in almost every industrial sector seems to be more volatile than was the case in the past. Product and technology life-cycles have shortened significantly and competitive product introductions make life-cycle demand difficult to predict. At the same time t...

The paper is based on a general conceptual supply chain flow risk model developed in an earlier paper, a literature review and case studies. The paper has the title "Developing a supply chain risk model" and is reported as a final paper at the NOFOMA 2005 conference. The literature review has been focusing articles and reports/books on supply chain management. Some of its findings have earlier ...

Because of outsourcing and offshoring, supply chains have become longer and more complex in the past decade, with huge increases in intermediate and final goods destined for manufacturers and retailers in North America and Europe, originating in emerging markets in Asia. While overall costs of procurement have decreased as a result, CEOs and supply managers have also noted a strong increase in ...

Supply chains have expanded rapidly over the decades, with the aim to increase productivity, lower costs and fulfil demands in emerging markets. The increasing complexity in a supply chain hinders visibility and consequently reduces one’s control over the process. Cases of disruption such as the ones faced by Ericsson have shown that a risk event occurring at one point of the supply chain can g...

Information risk management is crucial for an organization operating in an increasingly integrated and intensively communicated environment to mitigate risks and ensure core business functions. Given the open and dynamic nature of a supply chain network, information risk management is challenging and various factors must be considered. This article introduces a trust-based approach to facilitat...

Lee (2004) articulated that alignment, adaptability, and agility are the basic ingredients for managing supply chain risks. While it is clear that flexibility (agility) enhances supply chain resiliency, it remains unclear how much flexibility is needed to mitigate supply chain risks. Without a clear understanding of the benefit associated with different levels of flexibility, firms are reluctan...

Supply chain risk management (SCRM) has become a critical component of supply chain management with the movement to global supply chains and the increasing occurrence of internal and external risk events. Effective management of supply chain risks requires a comprehensive yet rapid assessment of all the risk factors in the supply chain and their potential impacts. This paper presents a software...