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 Merchant shipping and port services play a key role in worldwide supply chain and logistics activities, and many industries are reliant on a well-coordinated, time and cost-efficient performance of maritime transport, storage and distribution processes. [ ... ]  Risks in maritime supply chains are perhaps an underresearched area and consequently, the article outlines a rationale for why it is necessary to develop competence about risk, vulnerability and resilience management in maritime supply chains. [ ... ]  The complex interaction of ports, maritime operations and supply chains creates vulnerabilities that requires analysis that extends beyond the immediate visible. [ ... ] Sea transport constitutes the major part of almost every supply chain, and is thus a major contributor to risks in the supply chain. [ ... ]  The recent trends such as offshore manufacturing, lean sourcing and global outsourcing has considerably increased the risk exposure of firms and their supply chains, and operational research has become one of the most indispensable tools in business. [ ... ]  Little did I know when I started reading this paper that it was written by he who is the editor for Finance in the Journal of Applied Stochastic Models for Business and Industry and who has published 12 books and more than 250 papers on risk management and stochastic modelling in operations, insurance and finance. [ ... ]  Traditionally, papers on supply chain risk use the “classic” supply-demand-internal-external scheme for classifying supply supply chain risk sources. Christopher and Lee do not. They see risk as primarily related to uncertainty, volatility and turbulence [ ... ]  Supply chains are increasingly becoming complex webs and networks and are no longer straightforward chains with just a few links between supplier and customer. [ ... ]  Here, six areas of supply chain risk are highlighted and discussed at length, showing how they are endemic to the extended enterprise, and indeed, a lengthy discussion it is. [ ... ]  Today’s article is actually not an article on it’s own, but an editorial to a special 2009 issue of the Journal of Operations Management, dedicated to supply chain risk. [ ... ] | | |
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2009/12/17 
