Journal ArticleDOI
Managing Disruption Risks in Supply Chains
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TLDR
In this paper, the authors provide a conceptual framework that reflects the joint activities of risk assessment and risk mitigation that are fundamental to disruption risk management in supply chains, and consider empirical results from a rich data set covering the period 1995-2000 on accidents in the U. S. Chemical Industry.Abstract:
There are two broad categories of risk affecting supply chain design and management: (1) risks arising from the problems of coordinating supply and demand, and (2) risks arising from disruptions to normal activities. This paper is concerned with the second category of risks, which may arise from natural disasters, from strikes and economic disruptions, and from acts of purposeful agents, including terrorists. The paper provides a conceptual framework that reflects the joint activities of risk assessment and risk mitigation that are fundamental to disruption risk management in supply chains. We then consider empirical results from a rich data set covering the period 1995–2000 on accidents in the U. S. Chemical Industry. Based on these results and other literature, we discuss the implications for the design of management systems intended to cope with supply chain disruption risks.read more
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Journal ArticleDOI
Perspectives in supply chain risk management
TL;DR: In this paper, the authors present a review of various quantitative models for managing supply chain risks and relate various supply chain risk management strategies examined in the research literature with actual practices, highlighting the gap between theory and practice, and motivate researchers to develop new models for mitigating supply chain disruptions.
Journal ArticleDOI
Sustainable Operations Management
TL;DR: In this article, the authors review the sustainability themes covered in the first 50 issues of Production and Operations Management and conclude with some thoughts on future research challenges in sustainable operations management, including integrating environmental, health and safety concerns with green product design, lean and green operations, and closed-loop supply chains.
Journal ArticleDOI
Sustainable Operations Management
TL;DR: In this article, the authors review the sustainability themes covered in the first 50 issues of Production and Operations Management and conclude with some thoughts on future research challenges in sustainable operations management, including integrating environmental, health, and safety concerns with green-product design, lean and green operations, and closed-loop supply chains.
Journal ArticleDOI
The severity of supply chain disruptions: Design characteristics and mitigation capabilities
TL;DR: It is argued, de facto, that supply chain disruptions are unavoidable and, as a consequence, that all supply chains are inherently risky.
References
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MonographDOI
Categorical data analysis
TL;DR: In this article, the authors present a generalized linear model for categorical data, which is based on the Logit model, and use it to fit Logistic Regression models.
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Journal ArticleDOI
Moral Hazard in Teams
TL;DR: In this article, the authors study moral hazard with many agents and focus on two features that are novel in a multiagent setting: free riding and competition, and show that competition among agents (due to relative evaluations) has merit solely as a device to extract information optimally.