scholarly journals Risk Factors of Supply Chain in Biopharmaceutical Companies in Iran

2020 ◽  
Vol 27 (3) ◽  
pp. 439-449
Author(s):  
Hadi Abbasian ◽  
Reza Yousefi-Zenouz ◽  
Akbar Abdollahiasl ◽  
Mahdi Toroski ◽  
Shekoufeh Nikfar ◽  
...  

Background: Supply chain risk management can help companies detect potential hazards,mitigate potential risks, and thereby increase supply chain efficiency. The biopharmaceuticalindustry in Iran has a generic-based pharmerging market. Therefore, identifying risksassociated with the supply chain of those drugs can significantly boost the possibility of successof biopharmaceutical companies. This study is conducted to determine the supply chain riskfactors of biopharmaceuticals companies in Iran. Methods: The current research work is a qualitative-quantitative study. A systematic review andinterview with experts (n=14) were conducted to identify potential supply chain risks in thebiopharmaceutical industries. To determine the significance of identified risks, Fuzzy screeningmethod was employed to collect the opinions of experts (n=16) in the biopharmaceuticalindustries. Results: By systematic review and interviews with the biopharmaceutical industry experts, 100potential risks in the biopharmaceutical industry supply chain were identified. These risks weredivided into two general categories namely macro and micro risks. Based on experts’ judgment,77 out of 100 identified risks were eliminated and 23 significant risks were determined. Themost important risks are the Ministry of health (as the regulatory body) conflict of interest, USsanctions, lack of domestic suppliers of essential materials, pseudo-productivity, and moneytransfer related to the bank’s sanctions. Conclusion: Due to the multitude of present risks and the impossibility of controlling all ofthem, it is recommended that managers and producers focus more on controlling the identifiedsignificant risks.

2007 ◽  
pp. 355-387
Author(s):  
Thorsten Blecker ◽  
Wolfgang Kersten ◽  
Hagen Spath ◽  
Birit Koeppen

This chapter introduces a game-theoretic approach to supply chain risk management. The focus of this study lies on the risk of a single supply chain member defecting from common supply chain agreements, thereby jeopardizing the overall supply chain performance. The chapter goes on to introduce a manual supply chain game, by which dynamic supply chain mechanisms can be simulated and further analyzed using a game-theoretic model. With the help of the game-theoretic model, externalities are identified that negatively impact supply chain efficiency. The conclusion drawn from this chapter is that incentives are necessary to overcome these externalities in order to align supply chain objectives. The authors show that the game-theoretic model, in connection with the supply chain game presented, provides an informative basis for the future development of incentives by which supply chains can be aligned in order to reduce supply chain risks.


Author(s):  
Thorsten Blecker ◽  
Wolfgang Kersten ◽  
Hagen Späth ◽  
Birgit Koeppen

This chapter introduces a game-theoretic approach to supply chain risk management. The focus of this study lies on the risk of a single supply chain member defecting from common supply chain agreements, thereby jeopardizing the overall supply chain performance. The chapter goes on to introduce a manual supply chain game, by which dynamic supply chain mechanisms can be simulated and further analyzed using a game-theoretic model. With the help of the game-theoretic model, externalities are identified that negatively impact supply chain efficiency. The conclusion drawn from this chapter is that incentives are necessary to overcome these externalities in order to align supply chain objectives. The authors show that the game-theoretic model, in connection with the supply chain game presented, provides an informative basis for the future development of incentives by which supply chains can be aligned in order to reduce supply chain risks.


Author(s):  
Sultan Ceren Oner ◽  
Mahir Oner

Supply chain management paradigms are becoming increasingly common management perspectives all over the world due to violent global competition of trade organizations and rapid changes in technology. In recent years, thanks to the communication improvements, customers have become more conscious about purchasing goods or services. Furthermore, organizations have to be customer oriented and more flexible against the dynamism of supply chain environment which increases uncertainties in supply chain parameters. Although a considerable amount of risk factors appearing in supply chain operations, this study concentrates on detecting key supply chain risks which could cause abnormalities and occur from rapid changes in customer demand, unpredictable price fluctuations, defect variations and delivery delays and provides the correction of these problems automatically. Thus, a system dynamics model is established for determining risks. This combined approach would be helpful for integrated supply chain risk management.


Author(s):  
Arij Lahmar ◽  
François Galasso ◽  
Jacques Lamothe ◽  
Habib Chabchoub

This article investigates the current developments in research and practices in the domain of Supply Chain Risk Management (SCRM) through a systematic and typological approach in order to improve the understanding of SCRM field. This field has created a strong scientific and professional polemic, resulting in an exponential growth of published research work, reports and article. However, it has been discussed that SCRM lacks typological approach by several authors underlining this fact through their frameworks. In response, this review examines various perceptions, notions, definitions, drivers and sources of Supply Chain Risk (SCR), in order to identify major SCRM frameworks. This analysis is required in order to identify the main issues that needed to be addressed in the field of SCRM. Thus, the objective of this paper is to classify these frameworks so as to identify news issues, opportunities and directions for further study and researches.


2019 ◽  
Vol 12 (1) ◽  
pp. 154 ◽  
Author(s):  
Muhammad Junaid ◽  
Ye Xue ◽  
Muzzammil Wasim Syed ◽  
Ji Zu Li ◽  
Muhammad Ziaullah

Risk is inherent in all parts of life and brings consequences, but when it specifically emerges in supply chains, it is susceptible. Therefore, this study aims at identifying and assessing supply chain risks and developing criteria for managing these risks. Supply chain (SC) risks consist of complex, uncertain, and vague information, but risk assessment techniques in the literature have been unable to handle complexity, uncertainty, and vagueness. Therefore, this study presents a holistic approach to supply chain risk management. In this paper, neutrosophic (N) theory is merged with the analytic hierarchy process (AHP) and technique for order of preference by similarity to ideal solution (TOPSIS) to deal with complexity, uncertainty, and vagueness. Then the proposed methodology is practically implemented through a case study on the automotive industry. SC resilience, SC agility, and SC robustness were selected as criteria for managing supply chain risks and analyzed using N-AHP. Furthermore, seventeen risks were identified and assessed by using N-TOPSIS. Results suggest supply chain resilience is the most important criterion for managing supply chain risks. Moreover, supplier delivery delays, supplier quality problems, supplier communication failures, and forecasting errors are the most vulnerable risks that occur in supply chains of the automotive industry in Pakistan.


Author(s):  
Jason M. Riley ◽  
Richard Klein ◽  
Janis Miller ◽  
V. Sridharan

Purpose The purpose of this paper is to determine if internal integration, information sharing, and training constitute direct antecedents to organizations’ warning and recovery capabilities. Assuming that organizations periodically face various supply chain risks, the authors intend to show that managers can develop these antecedent competencies in ways that bolster their supply chain risk management (SCRM) capabilities. Design/methodology/approach To understand the relationships between the antecedents and SCRM capabilities, the authors used Q-sorts and confirmatory factor analysis to develop new warning and recovery measures. The authors then collected survey data from 231 hospital supply managers and analyzed these records using structural equation modeling. Findings The results indicate that internal integration and training positively affect organizations’ warning and recovery capabilities, in both a direct and indirect manner. The authors also illustrate how managers can leverage their SCRM capabilities to affect operational performance. Research limitations/implications These results suggest that by developing antecedent competencies like internal integration and training, firms may bolster their warning and recovery capabilities, and ultimately operational performance of the organization. Originality/value The findings provide hospital supply organizations and other inventory management teams with a novel approach to managing an evolving array of supply chain risks. Rather than investing in costly risk management techniques, like inventory stocks, organizations can use internal integration and training to improve their SCRM capabilities.


Author(s):  
Risqi Firdaus Setiawan ◽  
Pawana Nur Indah ◽  
Endang Yektiningsih

Cocoa is one of the plantation commodities whose role is quite important for the national economy of Indonesia. However, the cocoa industry faces several problems including the various risks involved in the cocoa supply chain. The aim of this study were: 1) Identifying risks in the cocoa supply chain 2) Analyzing the members of the supply chain with the highest risk 3) Evaluating and mitigating cocoa supply chain risks effectively and efficiently. An integrated analytic network process (ANP) and weighted failure mode effect analysis (WFMEA) method will be used to determine and analyze the highest risk in the cocoa supply chain. The results of the priority of the members of the value chain in the cocoa supply chain risk management are SMEs (0.43801), with the risk having the highest priority is production risk (0.29262) as well as alternative strategic priorities namely by increasing income (0.28754). The results of risk control are mainly focused on efforts to increase the income of cocoa farmers by utilizing cocoa processing byproducts such as cocoa bean pulp and cocoa pod husks. The cocoa bean pulp can be processed into nata products and cocoa juice, while the cocoa pod skin can be used as fertilizer.


Supply chain risk management is an important aspect of every organisation. Each supply chain risks has a different effect on the performance of supply chain, due to the various characteristics of supply chain risk variables like level of impact, probability of occurrence, cost of anticipation. Therefore, it is very important for supply chain mangers to analyse and evaluate the relative importance of each risk variable to proactively plan for them and determine their priority. This study aims to evaluate and prioritize of the major supply chain risks, by using AHP methodology. Indian manufacturing organisation needs to pay conspicuous attention in the field of supply chain risk management and I hope that this research article would provide additional dimensions in the same context.


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