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LITERATURE REVIEWS
 2010/03/10  A promising title with promising content? Perhaps. If you are a supply chain or logistics professional, looking for a paper that discusses the intricacies of managing a supply chain in a disaster area, how to prepare and how to recover, this is NOT it. However, if you are a supply chain or logistics academic or researcher, looking for a new research strand or looking for a new theoretical approach to preparedness and recovery, then yes, this is it. The supply chain crisis and disaster pyramid by R. Glenn Richey Jr is a paper that falls in the category of academically intriguing, but practically not so. That said, it may very well be a future seminal paper in supply chain disaster preparedness and recovery.
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2010/03/08 Can contingency planning increase flexibility and minimize risk exposure to supply chain disruptions? Obviously yes, but what is it about the contingency planning process that relates to flexibility? That question is asked by Joseph B Skipper and Joe B Hanna in Minimizing supply chain disruption risk through enhanced flexibility. Surprisingly, this article suggests that only very few variables of contingency planning are positively related to flexibility…puzzling, isn’t it?
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2010/03/05 How do you prepare a supply chain for a crisis, and how do you manage a supply chain when the unexpected hits you? While not providing a direct answer to this question, a group of researchers from the Texas A&M University, has scoured some 118 peer-reviewed and published articles and come up a classification scheme I think is excellent. In Managing supply chains in times of crisis: a review of literature and insights, the three, Arunachalam Narayanan, Ismail Capar and Malini Natarajarathinam use 5 factors and 15 subfactors to separate the chaff from the wheat.
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2010/03/03 My latest acquaintance in supply chain risk research methodology is developing drivers and dependants using interpretive structural modelling (ISM). A good example was provided by the trio of Mohd Nishat Faisal, D.K. Banwet, and Ravi Shankar, which I presented last week when I reviewed their paper on information risks management. As I found out, they used ISM in a previous paper written a year earlier, looking specifically (or perhaps more generally) at enablers of supply chain risk mitigation. Again, a fascinating article…
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2010/03/01 Can public-private partnerships improve community resilience? This question is posed in Leveraging public-private partnerships to improve community resilience in times of disaster, written in 2009 by Geoffrey Stewart, Ramesh Kolluru and Mark Smith, three researchers from the National Incident Management Systems and Advanced Technologies Institute (NIMSAT). The answer: In order to achieve community resilience public and private owners of critical infrastructures and key resources must work together, before, during and after a disaster.
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2010/02/26 If you know for sure that things will go wrong, there really is no risk. If you don’t know for sure that things will go wrong, then there is a risk. That’s the basic assumption in a paper I just read, titled Identification of safety and security critical systems and activities and written by Terje Aven in 2009. It may sound like a bold statement, but technically speaking, it is a true statement. It is only when the consequences of actions and events are uncertain that these actions and events are truly risky. Agree?
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2010/02/23  Openness, partnering, trust and particularly sharing of information has often been cited as one way to reduce supply chain risk. The more you know, and know early enough, the less surprised you may be about unforeseen developments. However, information sharing has its own set of risks. Information risks management in supply chains: an assessment and mitigation framework by Mohd Nishat Faisal, D.K. Banwet, and Ravi Shankar provides a well-founded theoretical framework for assessing these risks.
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2010/02/20  The vulnerability of critical infrastructures is a recurring theme on this blog, and today’s article has been on my mind for a while. What I like about Critical infrastructures at risk: A need for a new conceptual approach and extended analytical tool by Wolfgang Kröger is how it couples critical infrastructures, showing how one is dependent on the other, picking up a notion I described in an earlier post Are roads more important than computers?. The article also shows how external factors are a major contributor to the risk and interconnectedness of critical infrastructures.
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2010/02/12  With 90% of world trade carried by sea, the global network ships criss-crossing the oceans provide perhaps the most important mode of transportation, not only for human mobility and for the exchange of goods, but also for the spread of invasive species that “hitch-hike” with these ships, particularly in the ballast tanks. These invasive species are perhaps not so much a risk to the supply chain, but a risk stemming from the supply chain. In order to find out how these species travel and where they come from, a team from Germany has mapped the worldwide movements in the maritime shipping network .
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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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