2013
DOI: 10.1108/17410381311327954
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Selecting the right supply chain based on risks

Abstract: Purpose -The purpose of this paper is to propose a model that enables a company to select the supply chain strategy based on risk probability p (measure of how likely/often a detrimental event occurs) and risk impact i (expression of the significance of a loss when that event occurs). Design/methodology/approach -This paper discusses four supply chain strategies: agility, robustness, resilience and rigidity. Mathematical models are used for the strategies' cost functions, which reveal optimal solutions and bre… Show more

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Cited by 66 publications
(37 citation statements)
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References 52 publications
(60 reference statements)
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“…Among the 24 SC capabilities, 13 are identified as the Level I group, as no other primary element can be reached above these elements. [14] [13], [36] [37], [13], [36] [36] [38] [39], [40] ζ 2 [41], [42], [43] [44], [5], [45], [46], [47] [48], [49], [4], [50], [51], [13], [5], [52], [53], [54], [55], [45], [56], [57], [14], [58], [46], [14], [59], [60], [61], [62] [5], [63], [46] [35], [52], […”
Section: Literature Evidencementioning
confidence: 99%
“…Among the 24 SC capabilities, 13 are identified as the Level I group, as no other primary element can be reached above these elements. [14] [13], [36] [37], [13], [36] [36] [38] [39], [40] ζ 2 [41], [42], [43] [44], [5], [45], [46], [47] [48], [49], [4], [50], [51], [13], [5], [52], [53], [54], [55], [45], [56], [57], [14], [58], [46], [14], [59], [60], [61], [62] [5], [63], [46] [35], [52], […”
Section: Literature Evidencementioning
confidence: 99%
“…De uma maneira geral, o risco é compreendido como uma relação entre severidade e frequência de ocorrência (NORRMAN;JANSSON, 2004;BRINDLEY, 2007;WANG;YANG, 2007;TRKMAN;MCCORMACK, 2009;LOCKAMY;MCCORMACK, 2010;MUSA, 2011;TUMMALA;WIELAND, 2013;KUMAR;HIMES;KRITZER, 2014).…”
Section: Esses Modelos Compõem Um Campo De Gestão Denominado De Supplunclassified
“…Wieland [25] developed mathematical models for determining optimal solution and break-even points in the realm of four strategies-agility, robustness, resilience and rigidity. Multi-criteria decision making [26,27] and stochastic programming [28][29][30][31] have also been utilized for assessing supply chain risks.…”
Section: Literature Reviewmentioning
confidence: 99%