I really should no longer be so surprised that my idea of how to differ robustness from flexibility from agility from resilience resonates with quite a number of people, including Si Alhir.
Posted in BLOGS and WEBSITES
Tags: agility, Alhir Sinan Si, anti-fragility, flexibility, fragility, Hamel Gary, Holling Crawford Stanley, resilience, robustness, Taleb Nassim M, vulnerability
Supply chain security appears to be overlooked in supply chain risk management. However, supply chain security can add to the robustness and resileince of the overall supply chain, providing a “safety net” of services that protects and enhances the overall supply chain operation.
Robustness. Flexibility. Agility. Resilience. One of my concepts that I have found cited more recently is what started out 11 years ago, and what later became in my mind the perfect illustration of these four terms.
The resilience of any system can be measured by two dimensions: robustness, the extent of system function that is maintained, and rapidity, the time required to return to full system operations and productivity. In essence, pre-disaster mitigation fosters robustness, and post-disaster adaptation fosters rapidity.
Resilience. A key ingredient in supply chain risk management. Also a key ingredient in logistics risk management. Cognitive resilience, behavioral resilience and contextual resilience must all come together for a resilient enterprise to emerge.
Conceptual in its approach and drawing from other areas of research, this paper introduces four distinct groups of VENS, namely Constrained, Directed, Limited and Free VEN, and concludes that VEN risk management can and should learn from supply chain risk management.
Posted in my PUBLIC PRESENCE
Tags: agility, flexibility, Husdal Jan, mitip2009, reliability, risk, robustness, supply chain risk, supply chain risk research, virtual enterprise, virtual enterprise network, vulnerability
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.
Posted in ARTICLES and PAPERS
Tags: agile, agility, Babu A Subash, flexibility, flexible, lean, More Dileep, research blogging, robust, robustness, supply chain flexibility
These concepts are often confused, and thus, warrant further explanation. They are distinctively different.
Posted in ARTICLES and PAPERS
Tags: agile, agility, flexibility, flexible, research blogging, resilience, resilient, robust, robustness, supply chain agility, supply chain flexibility, supply chain resilience, supply chain risk, supply chain robustness
The paper defines the concept of vulnerability as it applies to production systems and is built around three concepts: A taxonomy of vulnerability factors as a basis for or guideline in establishing scenarios.
An input/output model to describe production systems.
A two-step vulnerability analysis for productions systems.
Posted in REPORTS and WHITEPAPERS
Tags: Asbjørnslett Bjørn Egil, Rausand Marvin, resilience, risk, robustness, supply chain resilience, supply chain risk, supply chain robustness, supply chain vulnerability, vulnerability, vulnerability analysis
In a previous post I discussed the issue of Flexibility and robustness to reduce risk and uncertainty. Since then a new term has emerged: resilience, and today I will take a look at that.
This paper will first present the main risks that are facing any company. Then, the available options to reduce these risks will be considered. Finally, in relation to these risks, flexibility and robustness will be introduced as a tool to handle uncertainties (risks).