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Modelling Supply Chain Adaptation for Disruptions

2019
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Release : 2019
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Book Synopsis Modelling Supply Chain Adaptation for Disruptions by : Kang Zhao

Download or read book Modelling Supply Chain Adaptation for Disruptions written by Kang Zhao. This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: Through the development and usage of an agent-based model, this paper investigates firms' adaptive strategies against disruptions in a supply chain network. Viewing supply chain networks as complex adaptive systems (CAS), we first construct and analyze a real-world supply chain network among 2,971 firms spanning 90 industry sectors. We then develop an agent-based simulation to show how the model of firms' adaptive behaviors can leverage competition relationships within a supply chain network. The simulation also models how disruptions propagate in the supply chain network through cascading failures. With the simulation, we seek to understand if firms' adaptive behaviors can reduce the impact of disruptions in these networks. Therefore, we propose, evaluate, and analyze two types of adaptive strategies a firm can leverage to reduce the negative effects of supply chain network disruptions. First, we deploy in our model a reactive strategy, which restructures the network in response to a disruption event among first- tier suppliers. Next, we develop and propose proactive strategies which are used when a distant disruption is observed but has not yet hit the focal firm. We discuss the implications related to how and when firms can improve their resilience against supply disruptions by leveraging adaptive strategies.

Structural Dynamics and Resilience in Supply Chain Risk Management

2017-11-07 Business & Economics
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Release : 2017-11-07
Genre : Business & Economics
Kind : eBook
Book Rating : 050/5 ( reviews)

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Book Synopsis Structural Dynamics and Resilience in Supply Chain Risk Management by : Dmitry Ivanov

Download or read book Structural Dynamics and Resilience in Supply Chain Risk Management written by Dmitry Ivanov. This book was released on 2017-11-07. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an introduction to structural dynamics, ripple effect and resilience in supply chain disruption risk management for larger audiences. In the management section, without relying heavily on mathematical derivations, the book offers state-of-the-art concepts and methods to tackle supply chain disruption risks and designing resilient supply chains in a simple, predictable format to make it easy to understand for students and professionals with both management and engineering background. In the technical section, the book constitutes structural dynamics control methods for supply chain management. Real-life problems are modelled and solved with the help of mathematical programming, discrete-event simulation, optimal control theory, and fuzzy logic. The book derives practical recommendations for management decision-making with disruption risk in the following areas: How to estimate the impact of possible disruptions on performance in the pro-active stage? How to generate efficient and effective stabilization and recovery policies? When does one failure trigger an adjacent set of failures? Which supply chain structures are particular sensitive to ripple effect? How to measure the disruption risks in the supply chain?

Adaptive Supply Chain Management

2009-11-25 Technology & Engineering
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Release : 2009-11-25
Genre : Technology & Engineering
Kind : eBook
Book Rating : 523/5 ( reviews)

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Book Synopsis Adaptive Supply Chain Management by : Dmitry Ivanov

Download or read book Adaptive Supply Chain Management written by Dmitry Ivanov. This book was released on 2009-11-25. Available in PDF, EPUB and Kindle. Book excerpt: Adaptive Supply Chain Management develops new viewpoints on the SCM goal paradigm, problem semantics, and decision-making support. Drawing upon years of research and practical experience, and using numerous examples, the authors unite conceptual considerations of supply chains with a constructive level of engineering and solutions to real-world problems. Adaptive Supply Chain Management provides advanced insights into dynamics, complexity, and uncertainty in supply chains from the perspectives of systems analysis, control theory, and operations research. It also considers supply chain adaptability, stability, and crisis-resistance. Providing readers with a comprehensive view of advanced SCM concepts, constructive mathematical techniques and models, Adaptive Supply Chain Management is an invaluable text for practitioners and researchers who specialize in SCM and operations.

Introduction to Supply Chain Resilience

2021-04-30 Business & Economics
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Release : 2021-04-30
Genre : Business & Economics
Kind : eBook
Book Rating : 904/5 ( reviews)

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Book Synopsis Introduction to Supply Chain Resilience by : Dmitry Ivanov

Download or read book Introduction to Supply Chain Resilience written by Dmitry Ivanov. This book was released on 2021-04-30. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a concise yet comprehensive introduction to supply chain resilience, covering management, modeling and technology perspectives. Designed to accompany the textbook “Global Supply Chain and Operations Management” it addresses the topics of supply chain risks and resilience in more depth, describing the major features of supply chain resilience and explaining methodologies to mitigate supply chain disruptions and recover. Numerous practical examples and short case studies are provided to illustrate theoretical concepts. Without relying heavily on mathematical derivations, the book explains major concepts and methods to build and improve supply chain resilience and tackle supply chain disruption risks in a simple, uniform format to make it easy to understand for students and professionals with both management and engineering backgrounds. Graduate/PhD students and supply chain professionals alike will benefit from the structured, didactically oriented and concise presentation of the concepts, principles and methods of supply chain resilience management, modeling, and technological implementation.

Supply Chain Disruptions

2011-09-28 Technology & Engineering
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Release : 2011-09-28
Genre : Technology & Engineering
Kind : eBook
Book Rating : 783/5 ( reviews)

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Book Synopsis Supply Chain Disruptions by : Haresh Gurnani

Download or read book Supply Chain Disruptions written by Haresh Gurnani. This book was released on 2011-09-28. Available in PDF, EPUB and Kindle. Book excerpt: One of the most critical issues facing supply chain managers in today’s globalized and highly uncertain business environments is how to deal proactively with disruptions that might affect the complicated supply networks characterizing modern enterprises. Supply Chain Disruptions: Theory and Practice of Managing Risk presents a state-of the-art perspective on this particular issue. Supply Chain Disruptions: Theory and Practice of Managing Risk demonstrates that effective management of supply disruptions necessitates both strategic and tactical measures – the former involving optimal design of supply networks; the latter involving inventory, finance and demand management. It shows that managers ought to use all available levers at their disposal throughout the supply network – like sourcing and pricing strategies, providing financial subsidies, encouraging information sharing and incentive alignment between supply chain partners – in order to tackle supply disruptions. The editors combine up-to-date academic research with the latest operational risk management practices used in industry to demonstrate how theoreticians and practitioners can learn from each other. As well as providing a wealth of knowledge for students and professors who are interested in pursuing research or teaching courses in the rapidly growing area of supply chain risk management, Supply Chain Disruptions: Theory and Practice of Managing Risk also acts as a ready reference for practitioners who are interested in understanding the theoretical underpinnings of effective supply disruption management techniques.

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