12

All posts tagged
robustness

2009/07/21 my PUBLIC PRESENCE 4 reactions

Are risks in virtual enterprise networks different from supply chains?

MITIP 2009It is not unusual for suppliers in a supply chain to come together and act as a Virtual Enterprise Network (VEN) and today’s supply chains exhibit many VEN-like features. Is managing risks in Virtual Enterprise Networks different from managing risks in supply chains? With this in mind I submitted a paper to MITIP2009, the 11th International Conference on the Modern Information Technology in the Innovation Processes of the Industrial Enterprises, to be held in Bergamo, Italy, in October.

» Read more » » »

, , , , , , , , , , ,
2009/06/29 from the LITERATURE No reactions yet

Supply chain flexibility - a complete literature review?

Someone had to come up with this, it was just a matter of time, and it is no suprise that this article comes from India, one of the major providers of global outsourcing for many industries. In an article reviewing some 100 references,  Babu & More (2008) Perspectives, practices and future of supply chain flexibility, the focus is on anything supply chain flexibility, really anything that relates to supply chain flexibility. And honestly, I must say, they don’t leave much ground uncovered.

» Read more » » »

, , , , , , , , , ,
2009/05/26 from the LITERATURE No reactions yet

De-confusing SCRM: robustness, resilience, flexibility and agility

Several “buzzwords” have been linked to supply chain risk  management (SCRM) in various ways: robustness, flexibility, agility and resilience.  These concepts are often confused, and thus, warrant further explanation. They are distinctively different and which strategy that works best would depend not only on the supply chain in question as a whole, but also which part of the supply chain that may be vulnerable.

» Read more » » »

, , , , , , , , , , , , ,
2008/06/27 REPORTS and WHITEPAPERS 2 reactions

Assess the vulnerability of your production system

So far I have reviewed “international” literature and web sites, and it is only fitting that now it is time for the Norwegian “domestic” literature to be reviewed. Assess the vulnerability of your production system was written back in 1997, by Bjørn Egil Asbjørnslett and Marvin Rausand, both now high-profile academics within risk analysis in Norway.

» Read more » » »

, , , , , , , , , ,
2008/04/28 THIS and THAT No reactions yet

Robustness, flexibility and resilience in the supply chain

In a previous paper, back in 2004, I discussed the issue of Flexibility and robustness as options to reduce risk and uncertainty. Since then a new term has emerged: resilience, and today I would like to compare these three terms. Robustness is the ability to accommodate  any uncertain future events or unexpected developments such that the initially desired future state can still be reached. Flexibility is the ability to defer, abandon, expand, or  contract any investment towards the desired goal. Resilience is the ability of a system to return to its original state or move to a new desirable state after being disturbed.

» Read more » » »

, , , , , , ,
12