Supply Chain Risks, Disruptions, and Ripple Effect

This paper considers four types of the most prominent risks in the supply chain. Their subcriteria and relations between them and within the network are also considered. In a supply chain, risks are mostly created by fluctuations. The aim of this study is to adopt a strategy for eliminating or reducing risks in a supply chain network. Having various solutions helps the supply chain to be resilient. Therefore, five alternatives are considered, namely, total quality management (TQM), leanness, alignment, adaptability, and agility. This paper develops a new network of supply chain risks by considering the interactions between risks. Perhaps, the network elements have interacted with some or all of the factors (clusters) or subfactors. We constitute supply chain risks in the analytic network process (ANP), which attracted less attention in the previous studies. Most of the studies about making a decision in supply chains have been applied in analytic hierarchy process (AHP) network. The present study considers the ANP as a well-known multicriteria decision making (MCDM) technique to choose the best alternative, because of the interdependency and feedbacks of different levels of the network. Finally, the ANP selects TQM as the best alternative among the considered ones.

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Propagation of risks and their impact on performance in fresh food retail

The International Journal of Logistics Management ◽

10.1108/ijlm-02-2014-0032 ◽

2015 ◽

Vol 26 (3) ◽

pp. 568-602 ◽

Cited By ~ 26

Author(s):

Samir K Srivastava ◽

Atanu Chaudhuri ◽

Rajiv K. Srivastava

Keyword(s):

Supply Chain ◽

Supply Chains ◽

Performance Measures ◽

Theory And Practice ◽

Food Retail ◽

Content Type ◽

Fresh Food ◽

Retail Supply Chains ◽

And Performance ◽

Supply Chain Risks

Purpose – The purpose of this paper is to carry out structural analysis of potential supply chain risks and performance measures in fresh food retail by applying interpretive structural modeling (ISM). Design/methodology/approach – Inputs were taken from industry experts in identifying and understanding interdependencies among food retail supply chain risks on different levels (sourcing and logistics outside the retail stores; storage and customer interface at the stores). Interdependencies among risks and their impact on performance measures are structured into a hierarchy in order to derive subsystems of interdependent elements to derive useful insights for theory and practice. Findings – Using the ISM approach the risks and performance measures were clustered according to their driving power and dependence power. Change in/inadequate government regulations’ are at the bottom level of the hierarchy implying highest driving power and require higher attention and focussed mitigation strategies. Risks like lack of traceability, transport delays/breakdowns and temperature abuse, cross-contamination in transport and storage have medium driver and dependence powers. Research limitations/implications – The approach is focussed on food retail supply chains in the Indian context and thereby limits the ability to generalize the findings. The academics and experts were selected on convenience and availability. Practical implications – It gives managers a better understanding of the risks and performance measures that have most influence on others (driving performance measures) and those measures which are most influenced by others (dependent performance measures) in fresh food retail and also a tool to prioritize them. This kind of information is strategic for managers who can use it to identify which performance measures they should concentrate on managing the trade-offs between measures. The findings and the applicability for practical use have been validated by both experts and practicing managers in food retail supply chains. Originality/value – The work is perhaps the first to link supply chain risks with performance and explains the propagation of risks in food retail supply chains. It contributes to theory by addressing a few research gaps and provides relevant managerial insights for practitioners.

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Comparing Supply Chain Risks Ranking in Multi-Attribute Decision Making Methods Using the Proposed Three-dimensional Integration Mean Method

Asia Pacific Journal of Operational Research ◽

10.1142/s0217595921500068 ◽

2021 ◽

Author(s):

M. B. Fakhrzad ◽

Mohammad Reza Firozpour ◽

Hasan Hosseininasab

Keyword(s):

Decision Making ◽

Supply Chain ◽

Three Dimensional ◽

Multi Attribute Decision Making ◽

Supply Chain Risks

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Assessment of supply chain risks susceptibility in SMEs using digraph and matrix methods

International Journal of Industrial and Systems Engineering ◽

10.1504/ijise.2016.080288 ◽

2016 ◽

Vol 24 (4) ◽

pp. 441 ◽

Cited By ~ 3

Author(s):

Mohd. Nishat Faisal

Keyword(s):

Supply Chain ◽

Matrix Methods ◽

Supply Chain Risks

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Study on risk assessment of prefabricated construction supply chain based on AHP

E3S Web of Conferences ◽

10.1051/e3sconf/202127503083 ◽

2021 ◽

Vol 275 ◽

pp. 03083

Author(s):

Keda Li ◽

Weiwei Zhu

Keyword(s):

Risk Assessment ◽

Supply Chain ◽

Index System ◽

Risk Response ◽

Response Strategies ◽

Supply Chain Risks

According to the national “14th Five-Year Plan”, the goal of supply chain is to upgrade the industrial supply chain. This paper conducts research on the supply chain risks of prefabricated buildings. By identifying the risks in the supply chain of prefabricated buildings, an index system of the supply chain of prefabricated buildings is constructed, and the risk assessment of the supply chain of prefabricated buildings is conducted through AHP. This paper proposes risk response strategies for external risks, planning, procurement, manufacturing, transportation, and delivery.

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