scholarly journals Modeling on Disruption Risk Prediction of Manufacturing Supply Chain Based on C4.5 Algorithm

2021 ◽  
Vol 15 ◽  
pp. 578-585
Author(s):  
Weibin Wang ◽  
Renyong Chi ◽  
Caihong Liu
Keyword(s):  
Supply Chain ◽  
Risk Prediction ◽  
Diagnostic Value ◽  
Empirical Method ◽  
Manufacturing Supply Chain ◽  
C4.5 Decision Tree ◽  
Disruption Risk ◽  
Decision Tree Method ◽  
Supply Chain Operation ◽  
The Impact

Under the impact of covid-19, the global and domestic manufacturing supply chains, almost suffered from the serious interruption crisis of manpower flow, logistics, information flow and capital flow. The risk of supply chain disruption has become the primary risk of the supply chain. However, some risk inducement of supply chain interruption is complex and diverse, so it is very difficult to grasp and screen the risk data needed for research from the supply chain operation data. To improve the robustness of supply chain for boosting the domestic and international circulation of China's manufacturing, in this paper, according to the characteristics of China's manufacturing supply chain and its risk incentives, the data needed for risk prediction modeling has been sorted out through questionnaire survey, and a regression model of risk prediction for manufacturing supply chain by using empirical method would be put forward. Then, C4.5 decision tree method is used to train and evaluation the risk prediction model. The conclusion shows that the customer satisfaction has great diagnostic value for risk, and the model has a strong sensitivity to market information risk and market order risk. The conclusion is more consistent with general cognition, and the model fits well, indicating that the model proposed in this paper has a certain theoretical significance, and its practical application value is worthy of further testing.

A study on the impact of digital tobacco logistics on tobacco supply chain performance: taking the tobacco industry in Guangxi as an example

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xiaoping Shen ◽  
Yeheng Zhang ◽  
Yumei Tang ◽  
Yuanfu Qin ◽  
Nan Liu ◽  
...  
Keyword(s):  
Supply Chain ◽  
Tobacco Industry ◽  
Indicator System ◽  
Supply Chain Performance ◽  
Dynamics Model ◽  
Content Type ◽  
Chain Operation ◽  
Theoretical Support ◽  
Supply Chain Operation ◽  
The Impact

PurposeThis paper, with the tobacco industry as the background, establishes an indicator system for tobacco supply chain performance evaluation using the FAHP method.Design/methodology/approachBased on the relevant data of tobacco enterprises in Guangxi, the paper calculates the performance values of tobacco companies in various cities of Guangxi, and through the analysis of each indicator and the performance values of each city, the authors find that the improvement ability has a major impact on tobacco supply chain performance. Then, the paper establishes a system dynamics model to further demonstrate the impact of information digitalization on the performance of the tobacco supply chain in Guangxi, thus providing theoretical support for building digital tobacco logistics in Guangxi.FindingsThe findings of the study show that the performance of the tobacco supply chains in various cities of Guangxi is generally at the level of “Pass–Good,” which can barely meet the requirements of tobacco supply chain operation, but there is still plenty of room for improvement.Originality/valueThe authors show that digital and IT-based empowerment can maximize the performance of Guangxi's tobacco logistics performance.

scholarly journals Green Co-Creation Strategies among Supply Chain Partners: A Value Co-Creation Perspective

2020 ◽  
Vol 12 (10) ◽  
pp. 4305 ◽  
Author(s):  
Genzhu Li ◽  
Xianliang Shi ◽  
Yefei Yang ◽  
Peter K. C. Lee
Keyword(s):  
Supply Chain ◽  
Value Functions ◽  
Green Innovation ◽  
A Value ◽  
Manufacturing Supply Chain ◽  
Green Investment ◽  
The Cost ◽  
The Impact ◽  
Resource Shortage

In response to the global fight against environmental deterioration and resource shortage, many governments call on firms to implement green innovation strategies. However, for most small and medium-sized firms, the high cost of green innovation makes it difficult to achieve green goals, causing the need for a growing number of firms to cooperate with their supply chain partners on green innovations. Thus, this study explores, from a value co-creation perspective, how supply chain partners share the investment in, and benefits of, green innovation, assuring their long-term cooperation. Based on a three-level manufacturing supply chain, this paper proposes three different types of green co-creation strategies (i.e., the manufacturer and its supplier, the manufacturer and its competitor, the manufacturer and its retailer). We set the mechanism of co-creation to share the cost of green investment and consider the impact of co-creation on the sales of supply chain partners. Then, by constructing the value functions of three co-creation strategies and proving the concavity of these functions, the findings indicate that different co-creation strategies can indeed improve the firm’s profit in a certain range and achieve a different maximum value in a certain green investment sharing point. This study enriches the literature on green co-creation in supply chains by combing green investment sharing strategies among supply chain partners with value co-creation. In addition, this study provides manufacturers with guidelines on how to share green costs and choose a green co-creation strategy in different operational environments.

scholarly journals An examination of the effect of supply chain disruption risk drivers on organizational performance: evidence from Chinese supply chains

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mahour Mellat Parast ◽  
Nachiappan Subramanian
Keyword(s):  
Supply Chain ◽  
Firm Performance ◽  
Supply Chain Performance ◽  
Supply Chain Disruption ◽  
Content Type ◽  
Disruption Risk ◽  
Relationship Of ◽  
The Impact ◽  
Disruption Risks ◽  
The Relationship

Purpose This paper aims to examine the relationship of supply chain disruption risk drivers to supply chain performance and firm performance outcomes. Design/methodology/approach Four disruption risk drivers for a supply chain are identified, namely, demand disruption risk, supply disruption risk, process disruption risk and environment disruption risk. A cross-sectional survey was developed and data was collected from 315 Chinese firms to determine the relationship of supply chain disruption risks to supply chain performance and firm performance. Findings The empirical findings show that supply disruption risks and process disruption risks have a significant impact on supply chain performance. In addition, this paper shows that supply disruptions, demand disruptions and process disruptions are significantly related to firm performance. This paper shows that supply chain disruption risks have different effects on supply chain performance and firm performance. Managers should be aware that disruption risk drivers can have an impact on firm performance that is different from their impact on supply chain performance. An important finding of the study is that the magnitude of the impact of disruption risks on supply chain performance is greater on the upstream side of the supply chain than on the downstream side of the supply chain. Originality/value This is one of the early studies to examine the effect of supply chain disruption risk drivers on both firm performance and supply chain performance. An important finding of the study is that the magnitude of the impact of disruption risks on supply chain performance is greater on the upstream side of the supply chain than on the downstream side of the supply chain.

Analyzing the supply chain risk issues for an Indian manufacturing company

2014 ◽  
Vol 11 (2) ◽  
pp. 144-162 ◽  
Author(s):  
Sudeep Kumar Pradhan ◽  
Srikanta Routroy
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Business Practices ◽  
Manufacturing Companies ◽  
Supply Chain Risk ◽  
Content Type ◽  
Related Risk ◽  
Manufacturing Supply Chain ◽  
Manufacturing Company ◽  
The Impact

Purpose – The purpose of this paper is to identify, analyze, assess and manage the risks issues involved in an Indian manufacturing supply chain. The paper also shows the direction to use the proposed comprehensive risk management framework in different manufacturing supply chain. Design/methodology/approach – The various risks for an Indian manufacturing company are identified through brainstorming session held with managers and engineers. The risks are categorized (i.e. delivery performance; process capability; demand and supply fluctuation at supplier end; rework; and business practices) and the domain (i.e. supplier, manufacturer and customer) of each risk is also identified for further analysis. A Failure Mode and Effect Analysis is used to rank the impact of all the relevant risks associated with various risk categories and the action plans are suggested by proposing a risk treatment process. Findings – The degree of impact of each relevant risk is determined and is used for deriving managerial insights. Through Pareto analysis, it is concluded that top 20 percent risk factors are coming from supplier and organization domain. It is interesting to note that no relevant risk related to customer domain is appearing in top 20 percent. It is also found that 54 percent risk is coming from supplier-related risk domain and 46 percent risk exists in the organization-related risk domain among top 20 percent risk. Research limitations/implications – This study is restricted to only one Indian manufacturing company. Therefore, the outcomes of the study should not be generalized. Further studies may be carried out for several Indian manufacturing industries to get more generalized impact of risks, its validity and their variation across the different manufacturing companies. Practical implications – The simplicity and clarity of the proposed framework provides step-by-step approach for identifying, categorizing and managing risks involved in the supply chain. It also provides the guidelines for a manager to benchmark and update risk handling in a specific manufacturing environment with its own priority considerations. Originality/value – Although many literatures are available related to supply chain risk management, the proposed approach provides a better practical generic platform to understand, manage, reduce and mitigate the risks involved along the manufacturing supply chain.

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