Today I present you only one chapter of a great book by Wu and Blackhurst: “Managing Supply Chain Risk and Vulnerability” (which can be bought on amazon.com here).
The Bullwhip Effect was first discovered and analyzed in the 1950s. It triggered more intense research on the supply chain system (even though the term supply chain was not yet coined).
Starting in the early 1980s, this research finally lead to significant changes in real supply chains as well.
This article does a follow up on these developments and evaluates the relative improvements of each of the strategic stages.
Submitted by Daniel Dumke on Fri, 2011-08-26 15:01
This week has been quite busy. Beside the dissertation I am still working on a private project I have to finish till early September. But luckily I found the time to read some of the exciting news of the week.
This time I’d like to have a look at supply chain risk management from a strategic point of view: What are the prerequisites in the design and culture of an organization to mitigate supply chain risks? The title of the article I review today is: “The organizational antecedents of a firm’s supply chain agility for risk mitigation and response”.
Method
The authors use structural equation modeling technique to establish the relations within their model (figure 1).
A supply chain usually does not stand alone. Frequently a supply chain is defined by the need of the end customer which has to be satisfied. Since one company commonly deliver several products, within a single company there can be multiple different supply chains aggregated under one organization. This task of managing multiple supply chains is most often referred to as Supply Chain Portfolio Management. It is still in a very early stage of research, so there are only few researchers focusing on this part.
Submitted by Daniel Dumke on Fri, 2011-08-19 13:53
Since I am using a Mac to support me with my research, I use Papers by Mekentosj for the organization of my literature. Just last week they finally made a new feature available for the public. It is called Livfe and enables you to share and discuss papers in your library and discuss their content with your peers.
