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All posts in
Supply Chain Vulnerability

2010/01/06 2 comments

Security of supply

Aah…the intricacies of the English language. Not supply (chain) security, but the security of supply. Do you see the difference? This conference paper comes from three Finnish researchers, working with VTT Technical Research Centre of Finland and was presented at ESREL 2007, a conference that will spark many posts on this blog. Today’s paper describes how Finland views logistics and supply as important to national security and how the LOGHU project was created to develop a framework for identification and ranking of threats and corresponding countermeasures. While the paper clearly shows that the project is still a work in progress, much wisdom and food for thought can be drawn from it.

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2009/12/04 2 comments

Risk & Vulnerability

ResearchBlogging.org 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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2009/11/11 Leave a comment

Book Review: Managing Supply Chain Risk and Vulnerability

managing-supply-chain-risk-and-vulnerabilityAnother book by someone from the ISCRIM gang? No, not this time, or perhaps, yes, after all. Managing Supply Chain Risk and Vulnerability: Tools and Methods for Supply Chain Decision Makers by Teresa Wu and Jennifer Blackhurst sounds like ISCRIM, but it’s not. If it were, it should have been noted in the ISCRIM Newsletter, but it wasn’t. Nonetheless, several of the ISCRIM members have contributed to the chapters in this book, which is well worth taking a closer look at, particularly if risk modeling and decision-making is your field.

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2009/11/04 Leave a comment

Graph Theory to the rescue

ResearchBlogging.orgGraph Theory. In Supply Chain Management? It’s probably 10 years ago since last time I looked at Graph Theory. That was when I was writing my thesis for my MSc in GIS on Network Analysis in Raster GIS, and while I know that Graph Theory has many applications, I never expected to see it in Supply Chain Management. Now, Stephan M. Wagner and Nikrouz Neshat are using it in their 2009 paper Assessing the vulnerability of supply chains using graph theory. That is a novel approach, but does it work?

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2009/09/21 One comment

Bad locations - bad logistics?

structure-organisation-supply-chainHow are companies located in sparse transport networks affected by supply chain disruptions? This article develops a new framework for the categorization of supply chains, and introduces the notion of the constrained supply chain. Within the constrained supply chain framework, a company can address its locational disadvantage by either redesigning the supply chain towards a better structure, in order to gain better location, or by redesigning the supply chain towards a better organization, in order to gain better preparedness.

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2009/09/14 Leave a comment

Is Sheffi's Resilient Enterprise the answer to supply chain risk?

ResearchBlogging.org It is unfortunate that many companies still leave risk management and business continuity to security professionals, business continuity planners or insurance professionals. So say Yossi Sheffi and James B Rice in their 2005 article A Supply Chain View of the Resilient Enterprise. It is unfortunate that it is this way, because building a resilient enterprise is an enterprise-wide undertaking  that is about  so much more than simply preparing a company for disruptions.

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2009/07/24 Leave a comment

Corporate vulnerability

ResearchBlogging.orgGöran Svensson is one of the leading key figures in supply chain vulnerability research and his concepts and models of supply chain vulnerability are usually well thought-out and easy to understand. So is Key areas, causes and contingency planning of corporate vulnerability in supply chains: A qualitative approach. Here Svensson builds the construct of supply chain vulnerability around three components: time dependence, functional dependence and relational dependence.

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2009/06/12 2 comments

Risk Management: Contingent versus Mitigative

ResearchBlogging.orgThe risk management literature separates between mitigative actions or strategies and contingent actions or strategies. It is important to keep these two perspectives apart. Why? Because risk management needs to address both sides of the risk: what lies behind the risk (source) and what lies in front of it (consequences). Here is my attempt at defining these two terms and explaining the differences, at least the way I see it, based on Asbjørnslett (2008), Tomlin (2006) and Jüttner et al. (2003).

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2009/05/19 Leave a comment

Supply Chain Risk Management - as seen from Space

ResearchBlogging.orgIs it possible to reconcile supply chain vulnerability, risk and supply chain management with corporate governance, business continuity, national security and emergency planning? In her 2006 article, Reconciling supply chain vulnerability, risk and supply chain management, Helen Peck attempts to do just that, hence my analogy of looking down at supply chains from Space – in order to really see the big picture. Because, as far as supply chain risk goes, some, if not all, stakeholders are found far beyond the individual supply chain and Helen Peck does an excellent  job at explaining why.

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2009/03/09 Leave a comment

The supply chain of the future

ibm-supply-chain-off-the-futureA recent report by IBM, referenced by Supply Chain Digest in IBM Lays Out its Vision for the Supply Chain of the Future, makes a compelling argument for how future supply chains  should be:  instrumented, interconnected and intelligent. The article features an interesting table, where these three characteristics are linked to SCM competencies and how they can be implemented.

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2009/03/04 Leave a comment

Supply chain disruption risk on the rise

aon-political-risk-map-2009Global supply chains are increasingly becoming more vulnerable to potential disruption to trade, says Aon, one of the world’s leading providers of risk management services, insurance and reinsurance brokerage. Every year, Aon publishes a political risk map, and in 2009 the number of countries tagged with ’supply chain vulnerability’  has increased from 38 to 54 due to risks ranging from government embargo or interference with a supplier through to strikes, terrorism and sabotage.

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2009/03/03 Leave a comment

Vulnerability in business relationships - the gap between dependence and trust

ResearchBlogging.orgToday’s journal article review is an article by professor Göran Svensson from Halmstad University in Sweden. He is one of the first academic contributors to the field of supply chain risk, beginning around 1999. Vulnerability on business relationships was published in 2004, and it came to my attention because a lot of the literature on managaging an mitigating supply chain risk focuses on building relationships with suppliers. Trust and dependence are major components of a dyadic business relationship and therefore, important to discuss.

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