This again is an old classic in supply chain risk literature. In 1997 Marshall L. Fisher published this article in the Harvard Business Review targeting a simple question: “What is the Right Supply Chain for Your Product?”
It is noteworthy that this appears to be one of the most often cited papers in supply chain management. So I overlook the fact that it is quite weak on the methodological foundations.
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.
Submitted by Daniel Dumke on Fri, 2011-10-07 14:01
As every Friday I enjoy reading into some of this weeks news. I am back from my vacation so I read a little more again this week. My favorite reads were the KPMG study and Jan Husdal’s article on research gaps.
Today’s paper is brand new and based on the dissertation works of Roberto Perez-Franco. It can be considered as a summary of the current state of the art in supply chain strategy and extends knowledge in the field of strategy evaluation. It can be downloaded for example from Yossi Sheffi’s homepage at the MIT.
I haven’t really touched on the early research on risks in supply chain management. One major stream is on random yields. Parlar and Wang (1993) were one of the firsts to extend the classic Newsboy and EOQ (Economic Order Quantity) models to include uncertainty.
