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 An empirical analysis of supply chain risk management in the German automotive industry shows that the group using reactive supply chain risk management seems to do better in terms of disruptions resilience or the reduction of the bullwhip effect, whereas the group pursuing preventive supply chain risk management seems to do better as to flexibility or safety stocks. [ ... ]  In “Risk management in a dynamic society: a modelling problem” author Jens Rasmussen argues that risk management includes several levels ranging from legislators, over managers and work planners, to system operators. [ ... ]  Risk. The probability of an event occurring and the consequences of the event occurring. Does it have to be like that or is there a different, or perhaps even a better way? [ ... ]  This paper examines the costs and benefits of single versus multiple sourcing strategies, dependent on probability and consequences of supply disruption, vendor price escalation, inventory and schedule issues, technology access and quality control. [ ... ]  Choosing the right supplier is a risky decision. Chose the wrong supplier, and you may face a severe disruption in your supply chain. Chose the right supplier, and all goes well. Hopefully. But is it possible to judge risk objectively? [ ... ]  The numerous possibilities of disruptions and disturbances in the supply chain demand a supply chain that is responsive to a variety of threats, and the keys or tools to mitigating supply chain vulnerability are security, visibility and resilience. [ ... ]  This paper presents the five cornerstones of logistics as an academic discipline, and shows how logistics in fact can act as an integrative platform over a wide range of different issues at the micro meso and macro level. [ ... ]  This paper presents some fundamental concerns about the current trend towards global outsourcing and its consequences. Yes, it may be cutting the costs, but it is not cutting the risks. [ ... ]  This definition of supply risk views the supply chain from end to end, acknowledging that what you purchase as a supply, in the the end will wind up in some customer’s hand, to which you may be liable, if your product or service is faulty [ ... ]  Supply chain risk management must look beyond the individual supplier and look at dependencies within the entire supplier portfolio. Such dependencies may not be obvious at first sight, and this paper presents one very good approach towards discovering these dependencies. [ ... ] | | |
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2010/10/21 
