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 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. [ ... ]  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. [ ... ]  These concepts are often confused, and thus, warrant further explanation. They are distinctively different. [ ... ]  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. [ ... ]  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). [ ... ] | | |
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2010/10/22 
