Mitigation strategies for supply chain risks have have been discussed in the literature for a long time now. Khan and Burnes (2007) mention several strategies like:
Multiple sources of supply vs single sourcing
Buffers
Risk sharing/knowledge transfer
Proactive supply management
But it seems difficult to assign a value and maximum cost for these strategies. Xu and Nizick (2009) are filling this gap.
Submitted by Daniel Dumke on Mon, 2010-05-17 20:30
Just a short note: Outsourcing always means giving away information which prior only belonged to one company. It therefore carries increased risk of theft, be it physical or intellectual.
In the last days several videos showed up on youtube showing what might be the next generation Apple iPhone.
Usually these videos are published from bloggers or the press, sometimes money for the device/video is paid.
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.
