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In order to realise just-in-time concepts in supply chains, customers usually have to provide information about their required materials to their suppliers. Now the problem arises what forecast data the customer should report to his suppliers when the future demand of his outlet is not exactly known. This demand usually is subject to a probability distribution. Without any restrictions, the customer...
The recent product recalls in Chinese made product and a series of product harm scandals ranging from milk powder to unsafe toy indicate that firms and consumers alike are vulnerable to quality risks in a global supply chain. Supply chains are extended by outsourcing and stretched by globalization, which greatly increases the complexity of supply network and decrease the visibility in risk and operation...
We present a model constructed for a large consumer products company to assess their vulnerability to disruption risk and quantify its impact on customer service. Risk profiles for the locations and connections in the supply chain are developed using Monte Carlo simulation, and the flow of material and network interactions are modeled using discrete-event simulation. Capturing both the risk profiles...
As an advanced management mode, the construction supply chain management is playing an increasingly important role in the fierce market competition. Construction supply chain management can not only increase the construction enterprises' profits, improve the core competitiveness, but also bring some risks. If we can not correctly identify, analyze and management these risks, the enterprises will suffer...
Methods of comprehensive and reliability analysis are presented in this paper to evaluate the risks of 4PLSC (forth-party logistics supply chain). Concepts related to risks management of 4PLSC are defined first. Then a factor-based evaluation model, which combines analytic hierarchy process and risk matrix, is described in a case study. A structure-based evaluation model is also presented in analyzing...
Supply chain risk management (SCRM) has been gradually emerging as a research area of its own in recent years. In this paper, a case study conducted on the largest private book publishing group in China is presented. Although suffering from short product life, seasonal pulse demand, fierce competition, and fast changing environment, the enterprise has been successful in supply chain management and...
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