Quantitative and Qualitative Models for Managing Risk Interdependencies in Supply Chain

2021 ◽  
pp. 137-148
Author(s):  
A. Díaz-Curbelo ◽  
A. M. Gento Municio
Keyword(s):  
Supply Chain ◽  
Qualitative Models ◽  
Managing Risk

Risk assessment and operational approaches to managing risk in global supply chains

2014 ◽  
Vol 25 (6) ◽  
pp. 873-890 ◽  
Author(s):  
Sameer Kumar ◽  
Katie J. Himes ◽  
Collin P. Kritzer
Keyword(s):  
Supply Chain ◽  
Design Methodology ◽  
Risk Mitigation ◽  
Global Supply Chains ◽  
Design Strategies ◽  
Content Type ◽  
Risk Areas ◽  
Managing Risk ◽  
Supply Chain Risks ◽  
A Company

Purpose – The purpose of this paper is to provide the organization with a process for assessing risk associated with their supply chain and a framework from which they can build their strategy to manage risk. Design/methodology/approach – The proposed process is based on a compilation of research and interactions with supply chain managers in various industries, and these sources provide a specific process to identify how critical the risk is, when to act upon it, and how to manage it. An adapted risk mitigation framework organizes strategies according to the likelihood of disruption and consequences. Included is an industry example used to demonstrate the framework. Findings – The variability and uncertainty associated with supply chain risks make disruption difficult to predict. Furthermore, getting information from suppliers about the amount of risk associated with their operation in an attempt to scope one's own risk can be a challenge. Management must consider the amount of risk the organization is going to accept and how much to invest to mitigate it. Originality/value – To manage the risk associated with supply chain disruption, an organization must deploy a strategy for assessing it. Once risk areas have been identified, the organization must design strategies which will mitigate the risk. The depth and degree to which risk is mitigated depends upon how risk-averse a company is and what they are willing to invest in this activity.

A Conceptual Framework for Risk and Vulnerability in Virtual Enterprise Networks

2010 ◽  
pp. 1-27 ◽  
Author(s):  
Jan Husdal
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Virtual Enterprise ◽  
Business Environment ◽  
Supply Chain Risk Management ◽  
Enterprise Networks ◽  
Supply Chain Risk ◽  
To Come ◽  
Managing Risk

Is managing risk in Virtual Enterprise Networks different from managing risk in supply chains? It is not unusual for firms in a supply chain to come together and act as a Virtual Enterprise Network (VEN) and the supply chains of today’s globalized and outsourced business environment exhibit many VEN-like features. Looking at VEN risk management from the perspective of supply chain risk management, current ideas on VENs will serve as a base onto which ideas on supply chain risk will be transposed. Many concepts related to supply chain risk will be explored and related to their possible VEN counterparts: risk, vulnerability, robustness, flexibility, resilience and business continuity. Conceptual in its approach and drawing from other areas of research, this chapter 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.

Beyond the contract: Managing risk in supply chain relations

2013 ◽  
Vol 24 (2) ◽  
pp. 122-139 ◽  
Author(s):  
Henri C. Dekker ◽  
Junya Sakaguchi ◽  
Takaharu Kawai
Keyword(s):  
Supply Chain ◽  
Managing Risk

Managing Risk in Supply Chain

2009 ◽  
Vol 2 (3) ◽  
pp. 50-66 ◽  
Author(s):  
H.P. Borgman ◽  
Wilfred Rachan
Keyword(s):  
Supply Chain ◽  
Managing Risk

Improving Supply Chain Performance and Managing Risk Under Weather-Related Demand Uncertainty

2010 ◽  
Vol 56 (8) ◽  
pp. 1380-1397 ◽  
Author(s):  
Frank Youhua Chen ◽  
Candace Arai Yano
Keyword(s):  
Supply Chain ◽  
Demand Uncertainty ◽  
Supply Chain Performance ◽  
Managing Risk

scholarly journals Mitigasi Risiko Pada Rantai Pasok Bawang Merah (Allium ascalonicum L.) di Kabupaten Bantul, Daerah Istimewa Yogyakarta

Jurnal METRIS ◽  
2021 ◽  
Vol 22 (01) ◽  
pp. 27-36
Author(s):  
Warastra Nur Annisa
Keyword(s):  
Supply Chain ◽  
Economic Value ◽  
Risk Level ◽  
Chain Model ◽  
Snowball Sampling ◽  
Payment Systems ◽  
Accounts Payable ◽  
Supply Chain Model ◽  
Iso 31000 ◽  
Managing Risk

Shallot (Allium ascalonicum L.) is a horticultural commodity that has high economic value. The problems that occur in shallot commodities are easily damaged and rotten, easily experiencing shrinkage of scales, and fluctuating prices. Therefore, this study is aimed to identifying the shallot supply chain model and its risks, and then determining the appropriate mitigation for priority risks. The research method was carried out by purposive sampling and snowball sampling through in-depth interviews with the risk owner. Risk analysis is carried out using the ISO 31000:2009 standard and the risk priority is to determine by the value of the Risk Priority Number (RPN). The results showed that the shallot supply chain contained 19 models consisting of 6 tiers. The identified risks include 32 risks with 10 risks at avoid risk level, 2 risks at the transfer risk level, 17 risks at the level of managing risk, and 3 risks at the appetite risk level. Mitigation is carried out, namely at the farmer tier adding fumigation and blower in the warehouse, installing insect traps, applying advanced and simultaneous planting patterns, watering the plants before sunrise, spraying with fungicides and insecticides. In the slashing tier, you could pay onion to the farmer with a down payment and look for price information. In the tier of collectors, they applied advance payments, making sales records, and payment systems for fixed debts. At the tier sales, namely making records of sales, the system of payment of accounts payable for regular customers, and seeking information to the area available onion.

A model ISM-MICMAC for managing risk in agri-food supply chain: an investigation from the Andean region of Peru

2021 ◽  
Vol 12 (1) ◽  
pp. 62
Author(s):  
Edgar Ramos ◽  
Timothy J. Pettit ◽  
Mamun Habib ◽  
Melissa Chavez
Keyword(s):  
Supply Chain ◽  
Food Supply ◽  
Food Supply Chain ◽  
Andean Region ◽  
Managing Risk
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