Identifying, analyzing, and assessing risk in the strategic planning of a production network: the practical view of a German car manufacturer

Häntsch, Marius; Huchzermeier, Arnd

doi:10.1007/s00187-013-0178-y

Cited by 12 publications

(4 citation statements)

References 26 publications

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“…Sales prices are not specifically addressed either in this model or in the Bhutta et al [3] model, and customs owed are simply added to the unit costs. Häntsch and Huchzermeier [11] take a similar approach, assessing the risks in strategic network planning by way of a model that includes customs in the relevant transport costs.…”

Section: Survey Of the Literaturementioning

confidence: 99%

Correct accounting for duty drawbacks with outward and inward processing in global production networks

Häntsch

Huchzermeier

2016

Omega

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Section: Survey Of the Literaturementioning

confidence: 99%

Correct accounting for duty drawbacks with outward and inward processing in global production networks

Häntsch

Huchzermeier

2016

Omega

Self Cite

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“…Risks can be difficult to recognize, but not if we prepare properly [15]. Therefore, risk analysis is an important tool in all cases where a job or process involves risk [16][17][18]. It can help us to recognize and understand the risks we may be exposed to in any task.…”

Section: Riskmentioning

confidence: 99%

Use of Risk Management to Support Business Sustainability in the Automotive Industry

Markulik,

Šolc,

Blaško

2024

Sustainability

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Today’s companies operate in a dynamic, constantly evolving, and highly competitive environment. The globalization of markets has significantly changed the economy, where companies operate within increasingly complex supply chains. The ever-increasing expectations of customers and company stakeholders, as well as the need to incorporate a comprehensive approach to the life cycle of manufactured products in corporate strategies, expose companies to a whole range of risks. The research was based on the need of organizations operating in the (automotive) industry to manage the dynamics of the business environment. This was accomplished using an appropriate model that, through its universality, would help to ensure the effective risk management in a holistic approach, protecting their performance and meeting the needs of the relevant stakeholders. The main idea of the research was to create and implement a dynamic model of risk management in the environment of a production organization based on the use of available methods such as SWOT, PESTLE, brainstorming, affinity diagrams, risk matrix, SIPOC diagram, risk, and the results of questionnaire surveys. The research was conducted in two directions: (1) designing the structure of the dynamic risk management model for the strategic management process; and (2) verifying the effectiveness of the proposed model in specific cases and evaluating the technical and economic benefits. To support the dynamics of the model, three basic management tools have been proposed: process review, internal audit, and management review, enriched with features that support the concept of risk-based thinking.

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“…Typical approaches for identifying risks for every defined process from the first phase are: risk checklists, expert interviews and workshops (i.e. [28]). Which methods should be used depends on the use case scale and also on how many risks should be identified.…”

Section: Phase 2: Risk Identificationmentioning

confidence: 99%

“…In accordance to [28], the process owner were asked in interviews about a representative/important sub-process and its risks. The process owner has identified the "Pick-up, transport and storage coil via overhead crane" as the TP because the highest risk in this transportation scenario is the failure of the overhead crane.…”

Section: Risk Identificationmentioning

confidence: 99%

A Simulation-Based Evaluation Approachfor Digitalization Scenarios in Smart SupplyChain Risk Management

Schlter

Hetterscheid

Henke

2017

JIEMS

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To increase the security of modern, volatile supply chains a proactive risk management based on real-time risk related information transparency is required. At this time, none or only limited empirical/objective information about digitalization benefits for supply chain risk management is available. A method is needed, which draws conclusion on the estimation of costs and benefits of digitalization initiatives. The paper presents a flexible simulationbased approach for evaluating digitalization scenarios prior to realization. The evaluation approach is integrated into a framework and its applicability will be shown in a case study of a German steel producer, evaluating digitalization effects on the Mean Lead time-at-risk.

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Identifying, analyzing, and assessing risk in the strategic planning of a production network: the practical view of a German car manufacturer

Cited by 12 publications

References 26 publications

Correct accounting for duty drawbacks with outward and inward processing in global production networks

Correct accounting for duty drawbacks with outward and inward processing in global production networks

Use of Risk Management to Support Business Sustainability in the Automotive Industry

A Simulation-Based Evaluation Approachfor Digitalization Scenarios in Smart SupplyChain Risk Management

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