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 Thu, 2010-04-29 14:25
Attendees of the CSCMP Annual Conference 2010 who register before April, 30th will receive $400.00 US off the regular registration rates.
So there are only two days left!
Supply Chain Risk manifests itself in many ways. Today the German airlines restored their regular flight schedule again after six days of no or limited air traffic, after the latest eruption of the Eyjafjallajökull vulcano on Iceland.
The consequences of such events only rarely become evident, but in the background emergency plans have to be executed (or developed).
Today I have been reading the paper by Zacharia, Nix and Lusch on Supply Chain Collaboration. The goal of the paper was to assess firm-level business performance outcomes of collaboration projects. This was done using a survey of nearly 500 supply chain professionals.
The CSCMP’s Supply Chain Quarterly just published their first issue for 2010. One of the articles deals with the rising interest in reducing working capital using the example of Kraft Foods.
As well as other companies Kraft already had prior cash flow initiatives, where they analyzed their WC positions: payables, receivables, inventory, and capital expenditures.
Submitted by Daniel Dumke on Sun, 2010-03-14 14:22
The ANZAM Operation Management Symposium will be held in Sydney June, 6-8th 2010.Topic this year is “Managing in Challenging Times“. The focus is going to be on issues when managing supply chains under uncertainty.
Abstract submissions are due on April, 30th.
Early bird registration (until May, 17th) is 400 AUD, after that date 450. Student registration is 100 AUD less.
