An empirical investigation into supply chain vulnerability

Wagner, Stephan M.; Bode, Christoph

doi:10.1016/j.pursup.2007.01.004

Cited by 587 publications

(457 citation statements)

References 67 publications

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“…Thus, it incarcerates the risk revelation of the supply chain. Wagner and Bode (2006) stated that by addressing the vulnerability of the supply chain, the supply chain risks are addressed. Logistical complexities also add to the vulnerability of a supply chain (Chaudhuri and Singh, 2012;Chaudhuri et al, 2013).…”

Section: Vulnerability Analysis Of Supply Chainmentioning

confidence: 99%

“…The incident was: in January 2005, Robert Bosch failed to detect a defect in the Teflon coating on a 1.5 cm small socket built into dieselinjection pumps supplied to automotive manufacturers (e.g., Audi, BMW and Mercedes). The defect can be traced back to DuPont in the USA which produced and delivered contaminated Teflon to Federal Mogul, which in turn manufactured and delivered the socket to Robert Bosch (Wagner and Bode, 2006). The powerful dependence on suppliers and the inflexible coupling between the organisations in the supply chain is often due to the lack of buffer inventory, and delivery concepts such as just-in-time or just-in-sequence.…”

Section: Vulnerability Analysis Of Supply Chainmentioning

confidence: 99%

“…The global supply executives have accomplished several supply chain proposals to enhance profits (e.g., increased product variety, frequent launch of new products) and cut costs (e.g., single sourcing, outsourcing, just-in-time inventory system, vendor-managed inventory (Zsidisin and Smith, 2005;Wagner and Bode, 2006;Tang, 2006;Craighead et al, 2007). Such measures have capability to build lean and efficient supply chains in a stable environment, but these measures make supply chains more prone to disruptions (Hauser, 2003).…”

Section: Introductionmentioning

confidence: 99%

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Coping with uncertainties via resilient supply chain framework

Soni

Jain

Salmador

2015

IJPM

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El acceso a la versión del editor puede requerir la suscripción del recurso Access to the published version may require subscription Coping with uncertainties via resilient supply chain frameworkUmang Soni Abstract: Supply chain resilience (SCR) is a promising area budding from the emergent admiration to minimise supply chain disruptions by practitioners and by researchers across the globe. To inflate monetary earnings, many organisations execute initiatives such as comprehensive reach of supply chains, amplified outsourcing, shorter product life cycles, reduced buffers and centralisation. These initiatives are effective in stable surroundings, but they could make supply chain vulnerable to various types of disruptions. The main thrust of this research is, to propose a conceptual model for endowing deeper knowledge of how uncertainty from suppliers, customers and existing supply chain structure amplifies vulnerability and consequently increases supply chain risk exposure. In accordance with fitness landscape theory, this paper accepts a complex systems perspective to view supply chain organisations and understand their capabilities. It focuses on diminishing the vulnerability of supply chain systems and the ability to design systems to be more resilient to change.Keywords: supply chain management; supply chain resilience; vulnerability; supply chain risk.Reference to this paper should be made as follows: Soni, U., Jain, V. and Salmador, M.P. (2015) 'Coping with uncertainties via resilient supply chain framework', Int.

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Section: Vulnerability Analysis Of Supply Chainmentioning

confidence: 99%

Section: Vulnerability Analysis Of Supply Chainmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Coping with uncertainties via resilient supply chain framework

Soni

Jain

Salmador

2015

IJPM

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“…Tang (2006) argues that there are different risk dimensions that need to be considered from a strategic and tactical perspective across supply, product, demand and information management. Meanwhile, Wagner and Bode (2006) conclude that demand-side risk is driven by strong customer and supplier dependence. Furthermore, supplier dependence is driven by single and global sourcing.…”

Section: Relevancy Of Risk Management In Sourcingmentioning

confidence: 99%

“…However, many companies lack the real implementation and preparation provided by contingency plans (Zsidisin et al, 2000;Chopra and Sodhi, 2004;Li and Barnes, 2008;Meena et al, 2011). The findings are surprising because at the same time companies' exposure increased due to new risks including cyber-attacks, viruses, terror attacks and the financial crisis, particularly given the increasing globalisation trends and the use of low-cost country suppliers, leading to complex and lean supply chains (Wagner and Bode, 2006;Khan and Burnes, 2007). It seems that companies are unprepared for such risks, or need to trade-off between the cost and rewards of risk management if a risk never occurs (Zsidisin et al, 2000;Chopra and Sodhi, 2004).…”

Section: Industrymentioning

confidence: 99%

Development of a risk-oriented strategic sourcing (ROSS) framework for the construction and electronics manufacturing industries

Kotula¹,

2014

Supply Management Research

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Strategic sourcing has increased in importance in recent years, and now plays an important role in companies' planning. The current volatility in supply markets means companies face multiple challenges involving lock-in situations, supplier bankruptcies or supply security issues. In addition, their exposure can increase due to natural disasters, as witnessed recently in the form of bird flu, volcanic ash and tsunamis. Therefore, the primary focus of this study is risk management in the context of strategic sourcing.The study presents a literature review on sourcing based on the 15 years from 1998-2012, and considers 131 academic articles. The literature describes strategic sourcing as a strategic, holistic process in managing supplier relationships, with a long-term focus on adding value to the company and realising competitive advantage. Few studies discovered the real risk impact and status of risk management in strategic sourcing, and evaluation across countries and industries was limited, with the construction sector particularly under-researched.This methodology is founded on a qualitative study of twenty cases across Germany and the United Kingdom from the construction sector and electronics manufacturing industries. While considering risk management in the context of strategic sourcing, the thesis takes into account six dimensions that cover trends in strategic sourcing, theoretical and practical sourcing models, risk management, supply and demand management, critical success factors and the strategic supplier evaluation.The study contributes in several ways. First, recent trends are traced and future needs identified across the research dimensions of countries, industries and companies. Second, it evaluates critical success factors in contemporary strategic sourcing. Third, it explores the application of theoretical and practical sourcing models in terms of effectiveness and sustainability. Fourth, based on the case study findings, a risk-oriented strategic sourcing framework and a model for strategic sourcing are developed. These are based on the validation of contemporary requirements and a critical evaluation of the existing situation. It contemplates the empirical findings and leads to a structured process to manage risk in strategic sourcing. The risk-oriented framework considers areas such as trends, corporate and sourcing strategy, critical success factors, strategic supplier selection criteria, risk assessment, reporting, strategy alignment and reporting. The proposed model highlights the essential dimensions in strategic sourcing and guides us to a new definition of strategic sourcing supported by this empirical study.

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Fragile Networks

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An empirical investigation into supply chain vulnerability

Cited by 587 publications

References 67 publications

Coping with uncertainties via resilient supply chain framework

Coping with uncertainties via resilient supply chain framework

Development of a risk-oriented strategic sourcing (ROSS) framework for the construction and electronics manufacturing industries

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