Many articles, including my own research show, that companies tend to focus largely on risk mitigation measures concerning the supply side. Only little is done to include demand side risks or demand side measures into the mitigation of supply chain risks. The study “Pricing During Disruptions: A Cause of the Reverse Bullwhip Effect” focusses on optimal pricing measures during a disruption. And so it helps to close the gap a little bit.
At this year’s HICL conference in Hamburg, I was able to present some of my own research. In the follow-up discussions several points were highlighted, especially focussing on the viability of supply chain wide cooperation and collaboration efforts and on the difficulties of doing a realistic quantification of supply chain risks.
Is there consensus about the role of product design as the leading function in the supply chain? Not yet! This article introduces the topic of integrating decisions in product and supply chain design and gives a short glimpse on the “how to implement” part.
How is new knowledge generated in the social sciences? One method is case study research.
Case Study
A case study is an in-depth investigation of a specific question regarding an individual research object, it can be differentiated using the following criteria:
Yet another paper on risk mitigation strategies. This time: How to reduce risks by improving confidence. You can find the complete paper of today in the web.
This article considers the design of robust supply chains from the viewpoint of exception handling. Disruptions of the supply chain happen all the time. Smaller disruptions like quality issues are part of the daily business; but a look at the recent ten years shows that large disruptions, happen more often as well (think of terrorist attacks or earthquakes). “Thus, exception management is an important issue in global supply chain networks.”
Even though supply chain risk has been analyzed in the literature for some time (eg. the Newsvendor / Newsboy problem, with the only uncertainty being demand). Nevertheless there are still many gaps (or opportunities) within this field.
In 2007 Khan and Burnes created a research agenda for the future and most of the topics covered still can be viewed as open.
Major Issues
The authors identify two major shortcomings of the current literature.
1) Locate itself within the wider literature on the theory of risk and the practice of risk management
Submitted by Daniel Dumke on Sun, 2010-05-09 11:51
Paper
Cranfield Systematic Review
Year:
2010
My professor gave me the hint to look for a systematic literature review approach which has been used at Cranfield University in the UK. Actually I found the description of a methodology to be used for a “systematic review”, that can be quite useful.
