Journal ArticleDOI
Resilient supplier selection and order allocation under operational and disruption risks
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This study proposes a bi-objective mixed possibilistic, two-stage stochastic programming model to address supplier selection and order allocation problem to build the resilient supply base under operational and disruption risks.Abstract:
This study proposes a bi-objective mixed possibilistic, two-stage stochastic programming model to address supplier selection and order allocation problem to build the resilient supply base under operational and disruption risks. The model accounts for epistemic uncertainty of critical data and applies several proactive strategies such as suppliers’ business continuity plans, fortification of suppliers and contracting with backup suppliers to enhance the resilience level of the selected supply base. A five-step method is designed to solve the problem efficiently. The computational results demonstrate the significant impact of considering disruptive events on the selected supply base.read more
Citations
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Predicting the impacts of epidemic outbreaks on global supply chains: A simulation-based analysis on the coronavirus outbreak (COVID-19/SARS-CoV-2) case
TL;DR: The results of a simulation study that opens some new research tensions on the impact of COVID-19 (SARS-CoV-2) on the global SCs are presented and an analysis for observing and predicting both short-term and long-term impacts of epidemic outbreaks on the SCs along with managerial insights are offered.
Journal ArticleDOI
The impact of digital technology and Industry 4.0 on the ripple effect and supply chain risk analytics
TL;DR: This paper analyses recent literature and case-studies seeking to bring the discussion further with the help of a conceptual framework for researching the relationships between digitalisation and SC disruptions risks and emerges with an SC risk analytics framework.
Journal ArticleDOI
A review of the literature on the principles of enterprise and supply chain resilience: Major findings and directions for future research
TL;DR: In this article, the authors present a literature survey to review the literature on enterprise and supply chain resilience and provide a platform for researchers and practitioners trying to identify the existing state of the work, gaps in current research, and future directions on the topic.
Journal ArticleDOI
Review of quantitative methods for supply chain resilience analysis
TL;DR: This paper conceptualizes and comprehensively presents a systematic review of the recent literature on quantitative modeling the SCR while distinctively pertaining it to the original concept of resilience capacity.
Journal ArticleDOI
A digital supply chain twin for managing the disruption risks and resilience in the era of Industry 4.0
Dmitry Ivanov,Alexandre Dolgui +1 more
TL;DR: In this article, the authors introduce the notion of a digital supply chain twin, a computerized model that represents network states for any given moment in real time, and explore the conditions surrounding the design an...
References
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Journal ArticleDOI
A Framework to Quantitatively Assess and Enhance the Seismic Resilience of Communities
Michel Bruneau,Stephanie E. Chang,Ronald T. Eguchi,George C. Lee,Thomas D. O'Rourke,Andrei M. Reinhorn,Masanobu Shinozuka,Kathleen J. Tierney,William A. Wallace,Detlof von Winterfeldt +9 more
TL;DR: In this article, the authors present a conceptual framework to define seismic resilience of communities and quantitative measures of resilience that can be useful for a coordinated research effort focusing on enhancing this resilience.
Journal ArticleDOI
Building the Resilient Supply Chain
Martin Christopher,Helen Peck +1 more
TL;DR: In today's uncertain and turbulent markets, supply chain vulnerability has become an issue of significance for many companies as discussed by the authors, and the challenge to business today is to manage and mitigate that risk through creating more resilient supply chains.
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
Multi-criteria decision making approaches for supplier evaluation and selection: A literature review
TL;DR: Evidence is provided that the multi-criteria decision making approaches are better than the traditional cost-based approach, but also aids the researchers and decision makers in applying the approaches effectively.
Journal Article
Managing Risk To Avoid Supply-Chain Breakdown
Sunil Chopra,ManMohan S. Sodhi +1 more
TL;DR: In this article, a "what if?" team exercise called "stress testing" is used to identify potentially weak links in the supply chain and then select the best mitigation strategy: holding "reserves," pooling inventory, using redundant suppliers, balancing capacity and inventory, implementing robust backup and recovery systems, adjusting pricing and incentives, bringing or keeping production in-house, and using Continuous Replenishment Programs (CRP), Collaborative Planning, Forecasting, and other supply-chain initiatives.