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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
An empirical investigation into supply chain vulnerability
Today's journal article is from Germany. In An empirical investigation into supply chain vulnerabili[...]
Acts of God or Acts of Man?
Do we ever learn? How come we humans knowingly and willingly put ourselves and our critical infrastr[...]
BOOKS and BOOK CHAPTERS
Book Review: Managing External Risk
I am blessed to have a college library that complies with most of my book acquisition requests and t[...]
Book Review: Your Research Project
This book is a must-have for any serious student or budding research. Even if you consider yourself [...]
REPORTS and WHITEPAPERS
Calculating the Value-at-Risk
Some of you may remember that I posted about the SCOR Framework for Supply Chain Risk Management ear[...]
London Olympics and Business Continuity
Are UK businesses, and in particular London businesses, unprepared for the London Olympics in 2012? [...]
from HERE and THERE
A lesson in supply chain disruption: German railways during WWII
Now this may seem totally off topic, but I have become so engrossed with modern-day supply chains th[...]
Business continuity 101
This is the 3rd day with severe transportation and thus supply chain disruptions all over Europe, du[...]