scholarly journals Improvement of Supply Chain Risk Management Algorithm using Modern Technologies

2019 ◽  
Vol 8 (3C) ◽  
pp. 219-225
Keyword(s):  
Risk Management ◽  
Big Data ◽  
Supply Chain ◽  
Supply Chains ◽  
Management Tool ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Management Algorithm ◽  
Modern Technologies

Essence of the risk management model in supply chains of enterprises is investigated in the article. Classification of type risks faced by enterprises in construction of their own supply chains is considered. The SCRM model is analyzed as a supply chain management tool. Necessity to introduce a risk management algorithm at enterprise using modern technologies is substantiated. Structural elements and relationships of the supply chain risk management algorithm are identified. It is justified that one of the most effective tools for identifying and analyzing risks in supply chain is big data, which should include information about the participants (elements) of the supply chain; resources used by supply chain members and / or moving between its elements; logistics processes that occur at each stage of the supply chain. It is also established that the use of block chain technology will ensure the integrity, reliability and security of information, which will form the basis of big data risk management in the supply chain, and the effective functioning of the entire supply chain risk management system.

A Comprehensive Risk Management Tool Based on Multi-Agents and System Dynamics for Traditional and E-Commerce Supply Chain

2018 ◽  
pp. 212-230
Author(s):  
Sultan Ceren Oner ◽  
Mahir Oner
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
System Dynamics ◽  
Management Tool ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Rapid Changes ◽  
Management Paradigms ◽  
Supply Chain Risks ◽  
Integrated Supply Chain

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.

Understanding Supply Chain Collaboration and Risk Management

2020 ◽  
pp. 44-56
Author(s):  
Adenike Aderonke Moradeyo
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Social Network ◽  
Network Theory ◽  
Empirical Studies ◽  
Social Network Theory ◽  
Management Tool ◽  
Supply Chain Risk Management ◽  
Supply Chain Collaboration ◽  
Supply Chain Risk

Social network theory is an appropriate theory for understanding the relationships among the different parties in the supply chain. This article adopts the conceptual-theory framework to introduce arm's-length and close ties concepts into the field of supply chain risk management. The theoretical paradigm of social network theory is used to develop a framework and propositions for future empirical studies. Specifically, this conceptual article uses the idea of the social network theory to propose the need for firms to incorporate both the close and arm's-length ties in their supply chains. This approach of combining the two forms of ties as a composite tie within a supply chain could serve as an important supply chain risk management tool in relation to supply chain disruption and its mitigation, because of the synergistic benefits.

The Analysis on the Source and Preventive Measures of Supply Chain Risk

2011 ◽  
Vol 271-273 ◽  
pp. 689-692 ◽  
Author(s):  
Na Han ◽  
Jing Ru Wu
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Preventive Measures ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Competition And Cooperation

Under the condition of competition and cooperation allying type between enterprises promotes the formation of supply chain. Due to a large quantity of uncertain factors the supply chain will be interrupted provided some risk appears, which shows the vulnerability of the whole supply chain, and all risks of supply chain occur hereby. Firstly, the paper makes the definition on supply chain risk and supply chain risk management and sums up the classification of the risks that the supply chain faces according to the risks source. At last, based on the above the paper discusses the protection measurement of supply chain risk.

Managing Risk in Small and Medium Enterprises (SMEs) Supply Chains’ Using Quality Function Deployment (QFD) Approach

2013 ◽  
Vol 4 (1) ◽  
pp. 64-83 ◽  
Author(s):  
Mohd. Nishat Faisal
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Quality Function Deployment ◽  
Risk Mitigation ◽  
Current Status ◽  
Supply Chain Risk Management ◽  
Multiple Sources ◽  
Supply Chain Risk ◽  
Supply Chain Risks

Supply chain risk management (SCRM) is the process of risk mitigation in supply chains achieved through collaboration, coordination and application of risk management tools among the partners, to ensure continuity coupled with long-term profitability of the supply chain. Supply chain risks emanate from multiple sources and similarly risk mitigation in supply chains is dependent on several variables. The most difficult part of supply chain risk management is prioritizing risks and an understanding of the relationships among various types of risks and risk mitigation variables. Drawing from the standard framework, in this research a modified house of quality is developed to understand the relationships between various supply chain risks and risk mitigation variables. It helps to prioritize various risks and understand the current status of the supply chain and the deficient areas with regard to risk mitigation capabilities. The structured QFD process provides the supply chain managers a conceptual map that enables the improvement of planning and control of various risks that could impact a supply chain.

Sustainability, Risk, and Business Intelligence in Supply Chains

2016 ◽  
pp. 501-538 ◽  
Author(s):  
Merve Er Kara ◽  
Seniye Ümit Oktay Fırat
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Business Intelligence ◽  
Supply Chain Risk Management ◽  
Sustainable Supply Chain ◽  
Supply Chain Risk ◽  
Chain Management ◽  
Management Concepts ◽  
The Relationship

Sustainable Supply Chain Management has become one of the most important managerial trends nowadays. Companies can optimize their supply chains by integrating risk management and sustainability programs. This chapter explains sustainability and risk management concepts in supply chains and discusses the relationship between these two issues in a multidirectional way. Business Intelligence tools are addressed in terms of their role and importance in supporting the management of supply chains, their risks and sustainability. The aim of the chapter is to provide a background to better understand the link between supply chain risk management, sustainability and business intelligence.

Supply Chain Risk Management

2016 ◽  
pp. 516-530 ◽  
Author(s):  
Maryam Zomorrodi
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Future Research ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Research Areas ◽  
Organizational Functions ◽  
Management Concept ◽  
Complex Relationships

The importance of supply chain management (SCM) has been increasing recently and the concept of supply chain risk management (SCRM) has been gradually expanded. Since the concept of risk and uncertainty permeates all organizational functions, risk management would seem to be a crucial step towards safeguarding a company's competitive advantage. In the case of modern supply chains, which are composed of complex relationships necessitated by competitive pressures such as outsourcing and globalization, understanding and implementing risk management processes and initiatives at various levels of the chain is essential (Peck, 2006). The purpose of this chapter is to conduct an extensive and structured review of the supply chain risk management (SCRM) literature in order to understand the importance of the risk management concept in the context of organizational supply chains, identify gaps, and suggest future research areas in this important and growing field.

Sustainability, Risk, and Business Intelligence in Supply Chains

2018 ◽  
pp. 1424-1461
Author(s):  
Merve Er Kara ◽  
Seniye Ümit Oktay Fırat
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Business Intelligence ◽  
Supply Chain Risk Management ◽  
Sustainable Supply Chain ◽  
Supply Chain Risk ◽  
Chain Management ◽  
Management Concepts ◽  
The Relationship

Sustainable Supply Chain Management has become one of the most important managerial trends nowadays. Companies can optimize their supply chains by integrating risk management and sustainability programs. This chapter explains sustainability and risk management concepts in supply chains and discusses the relationship between these two issues in a multidirectional way. Business Intelligence tools are addressed in terms of their role and importance in supporting the management of supply chains, their risks and sustainability. The aim of the chapter is to provide a background to better understand the link between supply chain risk management, sustainability and business intelligence.

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.

scholarly journals Supply chain risk management at seaport container terminals

2019 ◽  
Vol 26 (3) ◽  
Author(s):  
Gabriela Costa Dias ◽  
Ilton Curty Leal Junior ◽  
Ualison Rébula de Oliveira
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Container Terminals ◽  
Management Process ◽  
Supply Chain Risk Management ◽  
Structured Interviews ◽  
Supply Chain Risk ◽  
Risk Management Process ◽  
Exploratory Survey

Abstract Since seaports are common and crucial links in the supply chains of several organizations, the objective of this work was to identify what risks a port can offer to the organizations in its chain and how they are treated by the port’s managers. An exploratory survey was carried out using semi-structured interviews with employees of the company that operates the container and coal terminal of the second largest Brazilian port. The results revealed there is no structured risk management process by the port administration, but several actions taken revealed concern for reaction to risk situations. This highlights the benefits of clarifying the issues, contributing to the literature and assisting professionals in structuring a supply chain risk management process.

The Research and Management Strategies of Supply Chain Risks

2014 ◽  
Vol 644-650 ◽  
pp. 5523-5527
Author(s):  
Ran Ding
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Supply Chain ◽  
Management Strategies ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Future Studies ◽  
Countermeasures And Suggestions ◽  
Supply Chain Risks

The competition between supply chains is increasingly fierce on the current, supply chain risk management is got more attention by people. This paper elaborates definitions and meaning of the supply chain risk and supply chain risk management at first, followed by the classification of supply chain risk factors whose features are analyzed and compared thereafter. In the last, the paper proposes countermeasures and suggestions on supply chain risk management, which provides a useful reference for the future studies.

Sign in / Sign up

Export Citation Format

Share Document