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LITERATURE REVIEWS
 2010/01/05  Does having Small and Medium-sized Enterprises (SMEs) in your supply chain constitute an increased exposure to supply chain risk? Particularly if these SMEs occupy business-critical positions in the supply chain? That’s the question Peter Finch asks in his 2004 article simply (or boldy?) titled Supply Chain Risk Management. I came across this article by mere accident, because it has not been much referenced in the supply chain risk literature. Perhaps, because Peter Finch is not an academic, but a management consultant, and because there is very little academic literature in his reference list, hence not worth mentioning? I don’t think so. This article can very well stand on its own and excellently explains the role that SMEs have in adressing risks in supply chains
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2010/01/04 Finally, here it is, the complete review of supply chain risk. At least by the looks of it. Supply chain risks: a review and typology, is a 2009 article by two scholars from the University of Kentucky, Shashank Rao and Thomas J Goldsby, who review, synthesize and typify some 160 or so articles in supply chain risk and risk management. But is it really a complete review? That’s what I wanted to find out.
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2009/12/21  
Close calls and near misses are not unusual in the business world, but how do companies deal with them? Published in 1999, the Harvard Business Review on Crisis Management is my third post on the Harvard Business Review Paperback Series, not that I intend to review all 73 of them. But this book reflects much of what is on my mind these days. I’ve had this book on my bookshelf for some time now, and I was planning on a review later this month, but the news on SAAB’s demise compelled me to move up my review in my posting schedule. The closure of SAAB is a major crisis by all standards, and is a fitting reminder that this 10-year old book will never go out of date. Why and how do some companies survive, and some not? This book sheds some light on this.
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2009/12/17  This week’s focus are risks in the maritime supply chain, and today’s article introduces a new methodology for integrating risk management procedures into planning and design of maritime transportation networks. Risk Management in Maritime Transportation Networks, by by Christian Nedeß, Axel Friedewald, Lars Wagner, and Lutz Neumann is a book chapter in Managing Risks in Supply Chains: How to Build Reliable Collaboration in Logistics, edited by Wolfgang Kersten and Thorsten Blecker. This article has both captured my imagination and clarified my understanding of risks in maritime transportation networks, much of it due to an excellent use of clear-cut graphics, showing that authors not only know their subject well, they also know how to convey it well.
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2009/12/15 This week’s focus are risks in the maritime supply chain. Today’s article reflects on security in maritime supply chains: Assurance of security in maritime supply chains: Conceptual issues of vulnerability and crisis management by Paul Barnes and Richard Oloruntoba from the Queensland University of Technology in Brisbane, Australia, suggests that the complex interaction of ports, maritime operations and supply chains creates vulnerabilities that requires analysis that extends beyond the immediate visible.
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2009/12/11
2009/12/10  Today we continue my exploration of the Harvard Business Review Paperback Series that I started yesterday when I reviewed Managing External Risk, an enterprise-wide approach towards risk management. Today it’s back to basics: Harvard Business Review on Supply Chain Management. It was published in 2006, so it has been out there for a while, but I have been blissfully oblivious to it, preoccupied as I have been with other literature. Besides, the Harvard Business Review Paperback Series, as the “Paperback” in the name implies, are not written for us academics and researchers, but for the professional manager seeking executive perspectives and solutions.
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2009/12/09  I am blessed to have a college library that complies with most of my book acquisition requests and the other day my library told me that the last book I asked them to acquire had arrived. It was the Harvard Business Review on Managing External Risk , brand new, published in September 2009, part of the Harvard Business Review Paperback Series. After flipping through the book my first feeling was general disappointment, perhaps because I am an academic, not a professional. After re-reading and re-considering I have to admit, though, that it wasn’t that bad after all. In fact, the book has managed to summarize the essence of executive risk management in an excellent manner. You don’t need to have an MBA to be enable to enjoy this book, common sense and curiosity about the inner workings of business decisions are enough. I learned a lot from this book.
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2009/12/08 A word of warning: This is not your typical journal article on supply chain risk. Risks and supply chains by Charles Tapiero and Alberto Grando starts out as an easy read, reviewing the literature and discussing the risk sources and risk consequences we all know by now, but it ends in an inconclusive and unsurmountable stack of equations not suited for the stochastically uninitiated researcher like me. Nonetheless, the arguments leading up to the equations are definitely worth reflecting on. In particular, the difference between external risks and risk externalities are worth noting.
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2009/12/07 Did a 2001 white paper turn into a 2004 academic journal article just like that? In Mitigating supply chain risk through improved confidence, Martin Christopher and Hau Lee explore the impact confidence has on supply chain performance. Although difficult to precisely quantify, the confidence factor can have significant impact on inventory levels and operating costs, they say. Interestingly this 2004 article also appears as a 2001 white paper on supply chain confidence published by the Stanford Global Supply Chain Management Forum. Is the journal article just a re-published white paper?
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2009/12/04 Supply chains are increasingly becoming complex webs and networks and are no longer straightforward chains with just a few links between supplier and customer. Supply chains have indeed become complex systems, and the system thinking that pervades Einarsson and Rausand (1997) An Approach to Vulnerability Analysis of Complex Industrial Systems is perhaps applicable to supply chains? Why? Perhaps because, really, there is little difference between vulnerability in supply chains and vulnerability in complex industrial systems.
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2009/12/03 Why such a title for today’s post? The abstract of the 2004 article Risky business: Expanding the discussion on risk and the extended enterprise by Robert E Spekman and Edward W Davis promises to highlight six areas of supply chain risk and discuss these at length, showing how they are endemic to the extended enterprise, and develop a typology for categorizing them. And indeed, a lengthy discussion it is, hence the “rambling“. That said, it is a lengthy discussion not to be missed.
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Have you ever played 
? I never liked 
that much, but I used to play SimCity a lot, and I still do on occasion, when my wife lets me have my own quality time, and maybe that’s why I fell for this book, because the cover picture looks exactly like a scene from 
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