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Managing risks in supply chains is challenging for most companies, given the globalisation process which is strengthening the production constraints and also introducing more procurements risks. This is especially difficult for smaller companies because they generally lack resources to develop a specific expertise or buy expensive tools. Our research aims at addressing those issues by proposing an...
We propose a modeling approach based on belief networks to capture and understand the systemic nature of risks affecting supply networks. By aligning the purpose of a model with the nature of supply management decisions, we provide a mechanism for identifying relevant supply risks so that we can visualize inter-dependencies between risks and predict their effects on supply performance. By using a...
A new framework for risk assessment analysis in manufacturing is proposed by integrating qualitative and quantitative risk analysis methods. This integrative approach brings about a comprehensive view of risk for the stakeholders using Failure Modes and Effects Analysis (FMEA) and increases the precision of the risk analysis by Discrete Event Simulation (DES). An extended FMEA worksheet, named Simulation-Based-FMEA...
In today's increasingly competitive market, supply chain risk management is increasingly being valued by managers. In the foundation of investigation and study, and by the system dynamics theory, we analysis the causal relationship of seven main risks on food supply chain by vensim simulation software. And dynamically evaluate to risk factors by causal relationship, the influence strength level of...
With the increasing emphasis on supply chain vulnerability, managing risks in supply chains has emerged as an important topic in supply chain management. In this context, analyzing and understanding an appropriate supply chain risks management are now attracting much attention. This paper presents a simulation method of supply chain risks management. The study begins by identifying and assessing the...
For the purpose of managing risk in inter-firm knowledge sharing process in supply chain, based upon the different role the enterprise who proposes knowledge sharing initially in knowledge sharing process, this paper divides inter-firm knowledge sharing activities into two different types: demand-pulled and supply-pushed knowledge sharing mode. Then, considering knowledge transfer and absorption capabilities,...
The paper focuses on information sharing of a two-level supply chain composed of a manufacturer and a retailer. Based on the principal-agent theory, under considering risk costs a mechanism is designed to improve effort level of information sharing, and different parameter terms of incentive and supervisory mechanism to ensure the validity of mechanism are discussed. The results show by selecting...
With the development of the information and internet technology, Vendor-Managed-Inventory (VMI) has been adopted by more and more companies. In this paper, a two-echelon supply chain inventory decision model is discussed. The products are perishable and sold over a single selling season. First a VMI model is constructed, and the supply chain members' optimal decisions are gained. Under VMI, the supplier...
Supply chain system is a dynamic network system with fuzzy edge, and how to assess the risks of this system has become the bottleneck of enterprises management. In the light of the influence diagram theory, this paper builds a risk assessment model of supply chain from the topology layer and function layer. The model graphically describes the elements of risk assessment process and takes into account...
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