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One of the initial researches on supply risk criteria in a supply chain is that of Kraljic. This research gives a method to classify supplied items into four categories in terms of risk and price share and presents a set of strategies to supply the items of each category. Although the addressed research gives some criteria to measure supply risk but it is not applicable in each industry due to lack...
Supply risk is one of the operation risks in the supply chain, Thomas Kull found that increasing inventory in a tiered supply chain can sometimes increase supply risk. Well how supply risk is affected by lead time in the presence of supply failure? By evaluating risk in a simulation environment based on multi-agent technology, exploratory findings suggest that increasing lead time in a multi-echelon...
In this paper, we present literature review of risk management. Then we develop a conceptual model for risk management in chemical industry supply chain. Finally a case study is presented. In this case, we study a chemical industry supply chain, which consists of palm plantation, oils Corporation, fine chemical plant, daily chemical plant, distributor, retailer, and customer. After visiting a fine...
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