Risk Assessment in Virtual Enterprise Networks

2010 ◽  
pp. 290-312 ◽  
Author(s):  
Nikolaos A. Panayiotou ◽  
Stylianos Oikonomitsios ◽  
Christina Athanasiadou ◽  
Sotiris P. Gayialis
Keyword(s):  
Risk Assessment ◽  
Supply Chain ◽  
Supply Chains ◽  
Methodological Approach ◽  
Virtual Enterprise ◽  
Internal Audit ◽  
Enterprise Networks ◽  
Efficient Manner ◽  
Enterprise Network ◽  
Chain Processes

In today’s business environment, supply chains involve a number of autonomous organizations. Agility, effectiveness and efficiency of these supply chains can be achieved by forming virtual enterprise networks. The nature of supply chain processes with inter-organizational activities, involving different enterprises in a virtual enterprise network, increases the need for control in a well-designed and structured manner. Internal Audit activities and controls can help virtual organizations to improve and operate in a more efficient manner. This chapter proposes a methodological approach for the design of the Internal Audit function for risk assessment and control identification of inter-organizational supply chain processes, using business process modelling techniques and an internal audit–oriented enterprise modelling tool. A case study in the auditing of the supply chain processes in a virtual enterprise network demonstrates the application of the suggested methodology and tool.

Risk Assessment in Virtual Enterprise Networks

2011 ◽  
pp. 888-910 ◽  
Author(s):  
Nikolaos A. Panayiotou ◽  
Stylianos Oikonomitsios ◽  
Christina Athanasiadou ◽  
Sotiris P. Gayialis
Keyword(s):  
Risk Assessment ◽  
Supply Chain ◽  
Supply Chains ◽  
Methodological Approach ◽  
Virtual Enterprise ◽  
Internal Audit ◽  
Enterprise Networks ◽  
Efficient Manner ◽  
Enterprise Network ◽  
Chain Processes

In today’s business environment, supply chains involve a number of autonomous organizations. Agility, effectiveness and efficiency of these supply chains can be achieved by forming virtual enterprise networks. The nature of supply chain processes with inter-organizational activities, involving different enterprises in a virtual enterprise network, increases the need for control in a well-designed and structured manner. Internal Audit activities and controls can help virtual organizations to improve and operate in a more efficient manner. This chapter proposes a methodological approach for the design of the Internal Audit function for risk assessment and control identification of inter-organizational supply chain processes, using business process modelling techniques and an internal audit–oriented enterprise modelling tool. A case study in the auditing of the supply chain processes in a virtual enterprise network demonstrates the application of the suggested methodology and tool.

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 Assessment of behavioral factors influencing cooperation in logistics

2020 ◽  
Vol 18 (3) ◽  
pp. 34-44 ◽  
Author(s):  
Tetiana Kolodizieva
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Methodological Approach ◽  
Behavioral Approach ◽  
Dual Relationships ◽  
Behavioral Factors ◽  
Factors Influencing ◽  
The Social

The article explores theoretical and methodical aspects of managing dual relationships that arise between participants in logistic cooperation in the process of formation and functioning of supply chains. The use of a behavioral approach to defining supply chains has allowed identifying and justifying the priority role of behavioral factors that influence modern logistics entities and determine the effectiveness and long-term satisfaction with logistics cooperation. Given the literature summary, the study has classified types of cooperation in logistic activity and proved that among the behavioral factors influencing the of logistical cooperation efficiency, the trust is of particular importance, which remains a limitation, a bottleneck in the process of formation and development of dual relationships in logistics chains. It is proposed to introduce a generic indicator, namely the level of confidence in the supply chain to assess the social, economic and strategic aspects of logistics interaction. A methodological approach to assessing the level of trust in logistic cooperation was adjusted based on determining the composition of criteria that directly affect this indicator and using the expert survey of supply chain participants. The study proposes to use the confidence indicator to form and improve networks and supply chains, taking into account its value when constructing a generalized outsourcing model.

Integrating Multi-View Model and Agent Paradigm in the Supply Chain Design

2016 ◽  
pp. 155-177
Author(s):  
Souheila Boudouda ◽  
Mahmoud Boufaida
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Conceptual Model ◽  
Methodological Approach ◽  
Supply Chain Design ◽  
Conceptual Level ◽  
Meta Model ◽  
Negotiation Protocol ◽  
Operational Level ◽  
Different Characteristics

The aim of the presented work is to contribute to the field of the supply chain design that spans multiple organizations. It is based on a methodological approach that outlines two main results: a conceptual model and an operational one. These two models take into account the different characteristics and mechanisms of the supply chain. The conceptual level is based on four views: product, organizational, functional and informational. At this level, a meta-model that contains the basic generic concepts of the supply chain is proposed. The operational level uses the agent paradigm to model the different actors of the supply chain and the relationships between them. According to the characteristics of supply chains, a negotiation protocol between the different agents is presented. Simulations prove that the presented negotiation protocol can increase the efficiency and successful cooperation ratio for supply chain negotiation.

Integrating Multi-View Model and Agent Paradigm in the Supply Chain Design

2015 ◽  
Vol 7 (1) ◽  
pp. 32-54
Author(s):  
Souheila Boudouda ◽  
Mahmoud Boufaida
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Conceptual Model ◽  
Methodological Approach ◽  
Supply Chain Design ◽  
Conceptual Level ◽  
Meta Model ◽  
Negotiation Protocol ◽  
Operational Level ◽  
Different Characteristics

The aim of the presented work is to contribute to the field of the supply chain design that spans multiple organizations. It is based on a methodological approach that outlines two main results: a conceptual model and an operational one. These two models take into account the different characteristics and mechanisms of the supply chain. The conceptual level is based on four views: product, organizational, functional and informational. At this level, a meta-model that contains the basic generic concepts of the supply chain is proposed. The operational level uses the agent paradigm to model the different actors of the supply chain and the relationships between them. According to the characteristics of supply chains, a negotiation protocol between the different agents is presented. Simulations prove that the presented negotiation protocol can increase the efficiency and successful cooperation ratio for supply chain negotiation.

scholarly journals A Neutrosophic AHP and TOPSIS Framework for Supply Chain Risk Assessment in Automotive Industry of Pakistan

2019 ◽  
Vol 12 (1) ◽  
pp. 154 ◽  
Author(s):  
Muhammad Junaid ◽  
Ye Xue ◽  
Muzzammil Wasim Syed ◽  
Ji Zu Li ◽  
Muhammad Ziaullah
Keyword(s):  
Risk Assessment ◽  
Supply Chain ◽  
Supply Chains ◽  
Automotive Industry ◽  
Holistic Approach ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Analytic Hierarchy ◽  
Supply Chain Resilience ◽  
Supply Chain Risks

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.

Quality management framework for a virtual enterprise network: a multi‐agent approach

2003 ◽  
Vol 13 (4) ◽  
pp. 300-309 ◽  
Author(s):  
H.C.W. Lau ◽  
Christina W.Y. Wong ◽  
Eric W.T. Ngai ◽  
I.K. Hui
Keyword(s):  
Core Competencies ◽  
Virtual Enterprise ◽  
Enterprise Networks ◽  
Key Factors ◽  
Enterprise Network ◽  
Management Framework ◽  
Agent Model ◽  
Geographically Dispersed ◽  
Multi Agent ◽  
To Come

Globalization and the borderless marketplace have created an opportunity for companies to come together to work on projects that could otherwise not be completed through the efforts of one or two companies acting independently. The formation of virtual enterprise networks combines the advantages of the various core competencies of members of the network to deliver customer satisfaction. Virtual enterprise networks consist of several firms that can be geographically dispersed, and that might be technically disparate in terms of system platforms. Coordination among members of the network and the the transfer of quality products and services among members of the network are the key factors in achieving success. The proposed framework presented in this paper utilizes a multi‐agent model to monitor quality within a virtual enterprise network to ensure that the processes among members run smoothly and efficiently.

Knowledge Base Development in Virtual Enterprise Network as Support for Workplace Risk Assessment

2011 ◽  
Vol 2 (3) ◽  
pp. 44-60
Author(s):  
George Dragoi ◽  
Anca Draghici ◽  
Sebastian Marius Rosu ◽  
Alexandru Radovici ◽  
Costel Emil Cotet
Keyword(s):  
Risk Assessment ◽  
New Product Development ◽  
Process Management ◽  
Risk Estimation ◽  
Virtual Enterprise ◽  
Knowledge Bases ◽  
Risk Level ◽  
Business Services ◽  
Enterprise Network ◽  
Risk Management Process

The article presents research results based on the concept of collaborative infrastructure (as the virtual enterprise network PREMINV e-platform from “Politehnica” University of Bucharest, Romania), in order to unify existing standards for supply chain management and to provide support in various decision making processes in manufacturing supply networks. The intent is to facilitate and enhance the required knowledge management processes linked with the business process management. The virtual enterprise network expects to reduce small and medium-sized enterprises involvement in networking efforts, enable better and faster decision processes and promote the development of the business services. In addition, the new product development paradigm requires software tools for risk estimation and assessment. For this purpose, the authors describe a knowledge bases method build and use for the professional risk assessment as part of risk management process. The risk level is established based on the probability and severity of its consequences.

scholarly journals Australia’s Modern Slavery Act and COVID-19: a get out of jail free card?

2021 ◽  
Vol 6 (2) ◽  
pp. 216-230
Author(s):  
Fiona McGaughey
Keyword(s):  
Risk Assessment ◽  
Supply Chain ◽  
Supply Chains ◽  
Modern Slavery ◽  
The World ◽  
Assessment Training

The COVID-19 pandemic increased modern slavery risk around the world, including in the operations and supply chains of Australian businesses. This article thematically analyses a sample of available business statements under Australia’s Modern Slavery Act to assess how they engaged with modern slavery risks due to COVID-19. Overall, the statements acknowledged that COVID-19 had increased risks through rapidly altered supply chain profiles, urgent demand for items such as PPE, and yet there were widespread reports of reduced capacity to fully execute planned modern slavery risk assessment, training, and audit activities.

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