There are only very few studies, which investigate the impact of research in business has on the actual research field.
In other fields the impact is easily seen. Without research there would be no modern medicine, without research there would be no buildings rising 800m and more.
But where would business be without research in the business and economics sciences?
This study takes a closer look at supply risk management, but this time from the perspective of several small companies. This article tries to answer the questions what risks small company owners (SCOs) see and how SCOs mitigate those risks.
Submitted by Daniel Dumke on Fri, 2011-11-11 11:11
During this week my research took a turn to the quantitative side. During the last month my focus was on the evaluation of the current research, now I finally can do my on supply chain simulations. So this week was all about getting the output format that I want and calibrating the supply chain model. I hope to be finished during the next week and then I can start assessing some supply chain risks.
The demand of many products is connected to the weather patterns during and before the selling season. Ice cream can be best sold during warm summers, of course. But also other food products or clothes exhibit weather dependent demand pattern.
This is another look at flexibility strategies to reduce uncertainty in supply chains. This time from the point of view of five Chinese companies in the apparel industry.
Submitted by Daniel Dumke on Fri, 2011-11-04 15:06
Yet another week. I finally handed in the first part of my dissertation thesis, of course just-in-time on the 31st. So right now I prepare the second part, with the results of my exploratory expert interviews on supply chain risk mitigation strategies and insights of a simulation study using agent based simulation.