This conference is hosted by Molde University College, the leading research and education center for logistics and operations management in Norway. Since this conference is held right at my doorstep I thought I should promote it, especially since my research topic Uncertainty and Disruption in the Supply Chain is one of the topics that is covered.
Continue reading "International Conference on Flexible Supply Chains in a Global Economy, 16 - 18 July 2008, Molde, Norway" »
The other day I received an email from the editorial board of Transportation Science, asking me to review an article that had been submitted for publication. Transportation Science promotes itself as the foremost journal in the field of transportation analysis, and is published quarterly by INFORMS, so I felt quite honored. This is not the first time I've been asked to review a journal submission, but every time is still a new experience.
Continue reading "The art of reviewing journal submissions" »
I joined two days ago, and it has been very rewarding so far. The Supply Chain Network SCN markets itself as the place where supply chain academics and professionals connect and providing visibility to SCM professionals around the globe.The sign-up is fairly straightforward. Initially I was put off a bit
because I was required to leave quite a bit of personal information
(professional expertise and such), but then again, how can you connect
if you don't know anything about that person? So, this is actually a
good thing. On the other hand, as I discovered later, if you prefer to leave "nothing", you can always type "-" instead of adding any information.
Continue reading "Should you join the Supply Chain Network SCN?" »
In a previous paper, back in 2004, I discussed the issue of Flexibility and robustness as options to reduce risk and uncertainty. Since then a new term has emerged: resilience, and today I would like to compare these three terms. Robustness is the ability to accommodate any uncertain future events or
unexpected developments such that the initially desired future state
can still be reached. Flexibility is the ability to defer, abandon,
expand, or contract any investment towards the desired goal.
Resilience is the ability of a system to return to its original state or move to a new desirable state after being disturbed.
Continue reading "Robustness, flexibility and resilience in the supply chain" »
A new field has emerged with the field of supply chain mangement. It's called supply chain risk. What is supply chain risk? Today I will take a closer look at the chapter on supply chain risk in Logistics & Supply Chain Management
by Christopher Martin, as reviewed in my previous post.
A supply chain is often imagined as a streamlined flow
from a supplier to a company, from where it flows effortlessly on to a customer.
So much for the theory. In reality, the emergence of various supply chain management strategies and practices contribute
to considerable chaos within these supply chains, see image left, taken from the book Logistics Management and Strategy by Harrison and van Hoek. It is not
surprising then that supply chains have become vulnerable, where even minor
disruptions may result in chain-wide impacts across the whole supply chain. Along with supply chain risk, supply chain vulnerability is also and new and emerging field in the realm of supply chain management.
Continue reading "Why "risk" is the buzzword in supply chain management" »
Some time ago, Jeff Karrenbauer, CEO of Insight Inc., a top international provider of supply chain planning solutions for the world's foremost companies, wrote an article on the TechLinks Georgia website titled How to Audit, Analyze, and Mitigate Supply Chain Vulnerability.
The article makes a strong case for every CEO of any company to demand
a comprehensive supply chain risk audit and a corresponding set of mitigation strategies immediately and wait until after disaster strikes only to realize that "we should (or could) have known better".
To make the supply chain more resilient, businesses need to do more
than just think about the problem; they must prepare to act effectively.
Now, why is this so important?
Continue reading "Three steps to make your supply chain less vulnerable" »