Assessing Supply Chain Resilience upon Critical Infrastructure Disruptions: A Multilevel Simulation Modelling Approach

Abstract

Supply chains today are vulnerable to disruptions with a significant impact on firms' business and performance. The aim of supply chain risk management is to identify the potential sources of risks and implement appropriate actions in order to mitigate supply chain disruptions. This book presents a set of models, frameworks, strategies, and analyses that are essential for managing supply chain risks. It contributes by combining theoretical findings and research results with a practical and contemporary view on how companies can manage the supply chain risks and disruptions, as well as how to create a resilience supply chain. The book provides the state-of-the-art developments in managing supply chain risks from various perspectives. It can be used as an essential source for students and scholars who are interested in pursuing research or teaching courses in the rapidly growing area of supply chain risk management. It also provides an interesting and informative read for managers and practitioners who need to deepen their knowledge on effective supply chain risk management. Structured in a modular fashion, each chapter in this book introduces and analyzes a specific topic on supply chain risk management, allowing readers to identify the chapters that relate to their interests. More specifically, the book is presented in three sections: (1) supply chain risk management, (2) supply chain vulnerability and disruptions management, and (3) toward a resilient supply chain. The first two sections of the book focus on risk and disruption management in supply chains that provide related concepts, tools, and newly developed models, while the third section focuses on resiliency in supply chains and a firm's ability to return to its original state after a disruption occurs. In Chap. 1, Zohreh Khojasteh-Ghamari and Takashi Irohara present a comprehensive review on supply chain risk management, and investigate recent research developments in the field. They summarize previous review papers in the field of supply chain risk management, followed by reviewing the recently published related works. Also, they develop a framework to categorize those papers, and present the observed pattern of the research in supply chain risk management. In Chap. 2, Abroon Qazi, John Quigley and Alex Dickson address the decision problem of ranking supply chain risk mitigation strategies and introduce a new v

Do not expect others do what you should! Supply chain complexity and mitigation of the ripple effect of disruptions

“…This result confirms and generalises what has been achieved by prior research (e.g. Birkie et al, 2017;Trucco et al, 2018).…”

“…lack of resilience capabilities along the supply chain) have much worse influence on revenue performance of supply chains compared to when same resilience capabilities were applied closer to the disruption trigger point (e.g. Trucco et al, 2018). This implies that by making the disruption propagation shorter, the potential effectiveness of efforts to keep performance up during a disruption becomes higher, and so does the ripple effect.…”

Collaborative risk management in decentralised multi-tier global food supply chains: an exploratory study

“…First, they support that (1) SCRs are interrelated and can be propagated from one point to another (e.g. Diabat et al, 2012;Chaudhuri et al, 2016;Prakash et al, 2017;Ivanov, 2017;Trucco et al, 2018;Cao et al, 2019;Birkie and Trucco, 2020). Second, they underpin that company-specific risk management strategies are not always effective in reducing and controlling the risks as suggested by Srivastava et al (2015).…”

“…Since risk mitigation and contingency actions are resource-intensive (Tomlin, 2006) and real-life experiments are costly (Manuj et al, 2009), this study selected simulation modelling in evaluating RSC scenarios. This study differs from the work of Ivanov (2017) and Trucco et al (2018) in a multi-tier supply chain by introducing the PDCA cycle for continuous and CRM with risk-sharing contracts.…”

“…Built on complex adaptive system theory, the SCRM literature has confirmed that risk dependency and propagation exist in supply chains (e.g. Ivanov, 2017;Trucco et al, 2018;Birkie and Trucco, 2020), with some studies (e.g. Diabat et al, 2012;Chaudhuri et al, 2016;Prakash et al, 2017;Cao et al, 2019) focussing on food supply chains.…”