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Finding the right location – minimizing disruption costs

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Classical facility location models assume that once optimally located and set up, facilities will operate as planned, smoothly, and without interruption. In reality, though, operations seldom go as planned; interruptions, unscheduled downtime and failures occur every once in a while, with unplanned and unbudgeted disruption costs as a consequence.

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ARTICLES and PAPERS
Not all risk is risk
How to define, understand and describe risk
I had planned to post this yesterday, when I was taken by surprise by the most severe supply chain a[...]
Risk Management: Contingent versus Mitigative
The risk management literature separates between mitigative actions or strategies and contingent act[...]
BOOKS and BOOK CHAPTERS
SC Design and Management
More than 500-page heavy and laden with real-life examples and thoroughly calculated details, Design[...]
Organizing Resilience
Resilience. A word that his been in the media perhaps more than ever before these days. I am of cour[...]
REPORTS and WHITEPAPERS
Are roads more important than computers?
Critical Infrastructure. Which is more important - or 'critical' - road networks or computers? What [...]
28 Global Risks in 2015
The  World Economic Forum Global Risks Reports. I first came across them in 2008, when the hyperopti[...]
from HERE and THERE
Supply Chain Risk Management 2008
Supply Chain Risk Management 2008, 3rd & 4th November 2008, World Trade Centre, the Netherlands[...]
Robustness, flexibility and resilience
In a previous paper, back in 2004, I discussed the issue of Flexibility and robustness as options to[...]