Cost and benefit analysis of supplier risk mitigation in an aerospace Supply chain

Abstract

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“…The results show that this method can reduce the possibility of potential failure and improve the risk level when failure occurs. Qazi et al (2016) proposed a new approach to risk assessment by simultaneously considering complexity. They found that there are interdependencies among complexity drivers, risks, and goals, and their approach is also able to prioritize complexity drivers, risks, and strategies.…”

Conceptual Frameworks of Strategic Management

“…The results show that this method can reduce the possibility of potential failure and improve the risk level when failure occurs. Qazi et al (2016) proposed a new approach to risk assessment by simultaneously considering complexity. They found that there are interdependencies among complexity drivers, risks, and goals, and their approach is also able to prioritize among complexity drivers, risks, and strategies.…”

Dynamic delay risk assessing in supply chains

“…In these scenarios, the priorities are based on the cost of the whole product life cycle and are connected with the correction actions which are to be planned. Qazi et al [9] proposed a method of evaluating different mitigation strategies through cost and benefit analysis. Chen and Zhang [10] integrated the technique of FMEA and analysis of equipment maintenance cost to optimise the life cycle cost of equipments’ decision in order to sustain and promote the firms’ competitive capability.…”