Academic literature on the topic 'Manage supply risks'
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Journal articles on the topic "Manage supply risks"
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Alvarenga, Murilo Zamboni, Marcos Paulo Valadares De Oliveira, Hélio Zanquetto Filho, and Washington Romão Dos Santos. "Do analytically-oriented supply chains better manage risks?" Journal of Operations and Supply Chain Management 11, no. 2 (November 17, 2018): 32. http://dx.doi.org/10.12660/joscmv11n2p32-45.
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Denga, Edna Mngusughun, and Sandip Rakshit. "Risks in Supply Chain Logistics." International Journal of Risk and Contingency Management 11, no. 1 (January 2022): 1–18. http://dx.doi.org/10.4018/ijrcm.295957.
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Market vulnerability, uncertainty, and risk have always posed challenges to businesses and supply chains. Firms are working hard to survive and sustain themselves in a world of high susceptibility in supply chain networks and intense competition. This study attempts to fill a gap in the literature by looking into how companies in a developing country like Nigeria manage supply chain logistics challenges and capitalize on opportunities in the country's most crisis-prone territory while mitigating the constraints. This was conducted through empirical investigation within the Nigerian supply chain logistics setting to analyze and compare the challenges, tactics, and strategies adopted by two enterprises situated in the North-Eastern region of Nigeria, where the insurgency is rampant. The findings from the analyzed examples serve as the foundation for the analysis. The respondents' answers to the research questions offer more insight into the various constraints and tactics firms employ in the region.
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Narulidea, Winda, and Sekarsari Utami Wijaya. "MODELING SUPPLY CONTRACTS TO MANAGE OUTSOURCING RISKS OF LOGISTICS' ACTIVITIES." Journal of Engineering and Management in Industrial System 6, no. 2 (December 31, 2018): 114–21. http://dx.doi.org/10.21776/ub.jemis.2018.006.02.6.
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Galuchi, Tharic Pires Dias, Fabricio Pini Rosales, and Mario Otavio Batalha. "Management of socioenvironmental factors of reputational risk in the beef supply chain in the Brazilian Amazon region." International Food and Agribusiness Management Review 22, no. 2 (March 13, 2019): 155–71. http://dx.doi.org/10.22434/ifamr2018.0004.
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Increased production of Brazilian beef has been associated with negative impacts in the Amazon region. Supply chain interventions are increasingly common to avoid social and environmental consequences in the area, but evidence about how companies have managed these efforts is scarce. The present study identified the main sources of reputational risks in Brazilian Amazon beef supply chains and the actions taken by slaughterhouses to manage these types of risk. A multiple case study was developed in Brazilian beef supply chains that have suffered consequences to their operations from consecutive actions of stakeholders that link meat production with deforestation and the worst practices of production in the Amazon region. Public agreements with stakeholders and the development of supplier management were used to identify reputational risks. The present study also describes the types of risk and how they are mitigated. Based on the results, the authors propose a set of risk management practices in the supply chains to manage risks through stakeholder engagement, use of government open data sources, and sharing information with direct suppliers.
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Luo, Jiarong, Xiaolin Zhang, and Chong Wang. "Using put option contracts in supply chains to manage demand and supply uncertainty." Industrial Management & Data Systems 118, no. 7 (August 13, 2018): 1477–97. http://dx.doi.org/10.1108/imds-09-2017-0393.
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Purpose The purpose of this paper is to value put option contracts in hedging the risks in a supply chain consisting of a component supplier with random yield and a manufacturer facing stochastic demand for end products. Design/methodology/approach This paper adopts stochastic inventory theory, game theory, optimization theory and algorithm and MATLAB numerical simulation to investigate the manufacturer’s ordering and the supplier’s production strategies, and to study the coordination and optimization strategies in the context of random yield and demand. Findings The authors find that put options can not only facilitate the manufacturer’s order but also the supplier’s production, that is, the manufacturer and the supplier can effectively manage their involved risks and earn more expected profits by adopting put options. Further, the authors find that the single put option contract fails to coordinate such a supply chain. However, when combined with a protocol, it is able to coordinate the supply chain. Originality/value This paper is the first effort to study the intersection of put option contracts and random yield in the presence of a spot market. From a new perspective, the authors explore the supply chain coordination. The authors propose a mechanism to coordinate the supply chain under put option contracts.
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Gia, Tho Nguyen, My Mai Bac, and Vien Le Van. "Risk management and logistical performance: A case of the fishery supply chain north central coast of Vietnam." Uncertain Supply Chain Management 9, no. 3 (2021): 739–44. http://dx.doi.org/10.5267/j.uscm.2021.4.004.
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In any given supply chain, risks can occur, and it can reduce the performance of an entire production line. To maintain a competitive advantage, manufacturers should anticipate and manage risks. This paper aims to assess the impact of risks associated with the fishery supply chain on logistics performance. The research was conducted with 297 seafood producers on the North Central Coast of Vietnam. The study results show that risk factors such as supply risks, market risks, operational risks, environmental risks, and financial risks have a direct impact on the logistical performance of firms in the fishery supply chain. The study also proposes solutions to limit risks for businesses.
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Ouabouch, Lhoussaine, and Gilles Pache. "Risk Management In The Supply Chain: Characterization And Empirical Analysis." Journal of Applied Business Research (JABR) 30, no. 2 (February 27, 2014): 329. http://dx.doi.org/10.19030/jabr.v30i2.8401.
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Along any supply chain, a multitude of more or less critical incidents may prevent a company from obtaining the expected level of logistical performance. Knowing how to anticipate and manage supply chain risks is therefore an important approach to maintain a competitive advantage. The target of this article is to evaluate the impact of the risks in relation to the functioning of a supply chain on its logistical performance. For such needs, a survey was administered with 158 Moroccan manufacturers. The data collected allows to successively measure the impacts of the risks linked to the management of the upstream supply chain, of operational risks and risks linked to the management of the downstream supply chain on the logistical performance.
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Yoga Irsyadillah, N., and S. Dadang. "A LITERATURE REVIEW OF SUPPLY CHAIN RISK MANAGEMENT IN AUTOMOTIVE INDUSTRY." Journal of Modern Manufacturing Systems and Technology 4, no. 2 (September 30, 2020): 12–22. http://dx.doi.org/10.15282/jmmst.v4i2.5020.
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Supply chain risk management (SCRM) has a strong influence on the cooperation among partners and the performance of the entire production chain across the world. A supply chain designed to minimize risks enables firms to establish a competitive position and provides long-term benefits to stakeholders. Especially in a complicated and slow-growing industry like Automotive Industry. The auto industry's most important segments including commercial vehicles and passenger cars. Global sales of passenger cars are forecast to fall to 59.5 million units in 2020, down from a peak of 79.6 in 2017. The SCRM system should be structured to manage both routine and extraordinary risks, such as economical crisis, global pandemic issues, or even other unexpected event. The risks should be managed both reactively, by monitoring changes in the chain, the needs of customers, technology and the strategies of suppliers and competitors, among others, to enable quick reaction to events; and proactively, to identify risks and implement actions to prevent them or minimize their impacts. The basic risk management process consists of identifying, evaluating, mitigating and controlling risks. The objective of this paper is to analyze how SCRM could manages the risk factors in Automotive Industry’s supply chain in three different segmentation perspective. To achieve this aim, we performed a qualitative, applied and exploratory field study of the development trend of automotive Industry across the world, Asia, and Indonesia in terms of gaining more insight about the latest development trend of SCRM implementation in various segmentation. The data were collected by doing literature review from previous published research related to SCRM in Automotive Industry.
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Erwan, Friesca, Prima Denny Sentia, Zaty Fadhilla, Didi Asmadi, Raihan Dara Lufika, and Rizki Agam Syahputra. "Supply Chain Risk Management Design for U-Hansa Product in Relation to Covid-19 Pandemics." Operations Excellence: Journal of Applied Industrial Engineering 14, no. 2 (September 1, 2022): 200. http://dx.doi.org/10.22441/oe.2021.v13.i2.057.
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The recent Covid-19 pandemics situation has brought a lot of discussion on how to manage a supply chain in uncertainty since the dynamic of pandemics risk has altered the way a supply chain is organized. This research aims to identify, asses and manage the possible risks on supply chain that may occur in relation to production process of U-Hansa (USK Hand Sanitizer) following a high demand of hand sanitizer during the pandemics. This research performed risk breakdown structure to identify risks, evaluated the risks using risk matrix 5x5 (MIL-STD-882B) and create risk mapping using the big picture approach. This research revealed that there are 15 risks involved in U-Hansa production process that can potentially disrupt the whole supply chain process of U-Hansa. Factors such as raw material shortage during the Covid-19 lockdown, insufficient production capacity and the limitation of machinery and equipment to support the production contributes to the noticeable risk potential in the overall U-Hansa supply chain network. The overall findings of this research are expected to help the decision-making process that can be utilized in the post-Covid-19 pandemics setting.
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Shahbaz, Muhammad Saeed, Raja Zuraidah RM Rasi, and MD Fauzi Bin Ahmad. "A novel classification of supply chain risks: Scale development and validation." Journal of Industrial Engineering and Management 12, no. 1 (April 1, 2019): 201. http://dx.doi.org/10.3926/jiem.2792.
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Purpose: Supply chain has become an essential element for any organization but risks are the major obstacles in achieving the performance even it can disrupt not only the organization but a whole system. Thus it is compulsory to manage the risks efficiently and effectively. Risk cannot be managed until properly identified, there are numerous studies on risk identification, after comprehensive literature, it has been revealed that the study that identifies overall supply chain risk is scaring. The manufacturing sector of any country is considered as the backbone of any economy, in Malaysia it is the second largest sector in economic contribution and highest in productivity level. The aim of this study is to provide a reliable tool to assess the overall supply chain risks of Malaysian manufacturing through a systematic process.Design/methodology/approach: A detail literature review has been done for categorization of overall supply chain risk sources. Then an instrument has been developed from a pool of items. The questionnaire was purified through pretesting, pilot testing (by the exploratory view) and reliability and validity tests. The data were collected by email from Federation of Malaysian Malaysia (FMM-2017) through systemic probability sampling. Total 132 final responses have been considered for exploratory factor analysis through SPSS 23.Findings: The finding of this study revealed that overall supply chain risks can be categories into seven constructs that are supply side risks, process side risks, demand side risks, logistic side risks, collaboration side risks and environment side risks and the final questionnaire is consisting of 57 items.Research limitations/implications: This study covered tier 1 members of the supply chain. Secondly, the supply chain of manufacturing organizations only has been considered.Practical implications: This study will help the managers to understand what kind of risk sources they can face and which type of risks under these risk sources they should consider while decision making.Originality/value: This article will justify the need for Malaysian manufacturing by providing a validated and reliable instrument for the identification and assessment of their risks under major supply chain risk sources.
Dissertations / Theses on the topic "Manage supply risks"
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Wilke, Sofia, and Elin Åkerlind. "Risky Business : A qualitative study of how Swedish apparel companies manage supplier risks in China." Thesis, Linnéuniversitetet, Institutionen för marknadsföring (MF), 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-65320.
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The purpose of this thesis is to provide companies with an understanding of how Swedish apparel companies manage supplier risks connected to production activities located in China. In order to conduct this study, previous literature regarding supply chain risk management has been analysed in relation to the empirical data collected during this study. In order to answer the research question, a qualitative method and a deductive approach have been used. A qualitative method was chosen as a deeper understanding of the phenomenon supply chain risk management was desired. A deductive approach was further chosen as the topic was acknowledged by reading previous research, which clearly emphasized existing research gap within supply chain risk management. The literature review presented in this thesis regards the importance of managing a global supply chain and the risks connected to a global supply chain. Presented is also a process of how to manage risks, and the process consists of three steps, which further provides alternative strategies in order to conduct each step. Further, the reasons why Swedish companies outsource production activities to China and the importance of supply chain risk management in China is presented. The literature review is finalized with a conceptual framework summarizing the chapter. Differences and similarities between collected empirical data and the literature review is discussed and analysed in the analysis chapter. The following chapter provides conclusions answering the research question as well as theoretical and practical implications. This thesis has contributed with filling the research gap regarding supply chain risk management, this as the thesis focuses on one specific market and one specific industry. A new framework has been constructed based on previous research and the empirical findings. This framework also contributes to the practical implications as companies with a desire to outsource to China can use the process presented in the framework. The process includes three steps which will facilitate for companies to manage supplier risks in China. This thesis has also contributed to create an understanding for companies regarding the great importance of supply chain risk management. Therefore, this thesis can contribute with valuable information for Swedish apparel companies wanting to include supply chain risk management when outsourcing to China.
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Hallahan, Terrence Anthony, and terry hallahan@rmit edu au. "Issues in investment risk: a supply-side and demand-side analysis of the Australian managed fund industry." RMIT University. Economics, Finance and Marketing, 2006. http://adt.lib.rmit.edu.au/adt/public/adt-VIT20061206.095924.
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The investment management industry has proven to be a fertile ground for theoretical and empirical research over the past forty years, particularly in relation to the nature and quantification of risk. However, the dominance of the U.S. industry has meant that much of the academic research has focused on the U.S. market. This thesis investigates aspects of investment risk using alternative data to that used in much of the prior published research. This thesis contains an extensive analysis of aspects of risk related to both the demand side and the supply side of the managed funds market in Australia. Among the demand side characteristics, attitudes towards risk and their impact on asset allocation decisions will be an important determinant of investors' financial well-being, particularly in retirement. Accordingly, the first part of the thesis examines the financial risk tolerance of investors, exploring the relationship between subjective financial risk tolerance and a range of demographic characteristics that are widely used as a basis for heuristically derived estimates of investors' attitudes towards financial risk. The second part of the thesis contains an analysis of the supply side of the industry, focusing on risk-shifting behavior by investment fund managers. Since the time when performance and risk-shifting behavior of fund managers was first put under the spotlight 40 years ago, it is possible to identify an evolving strand in the research where performance assessment is examined within the framework of the principal-agent literature. One focus that has emerged in this literature is the adaption of the tournament model to the analysis of investment manager behavior, wherein it is hypothesized that fund managers who were interim losers were likely to increase fund volatility in the latter part of the assessment period to a greater extent than interim winners. Against this background, the second part of the thesis examines risk-shifting behavior by Australian fund managers. Both the ability of fund managers to time the market and the applicability of the tournament model of funds management to a segment of the Australian
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Cantor, David E. "Risk mitigation in the supply chain examining the role of IT investment to manage safety performance /." College Park, Md.: University of Maryland, 2006. http://hdl.handle.net/1903/3758.
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Thesis (Ph. D.) -- University of Maryland, College Park, 2006.Thesis research directed by: Business and Management. Title from t.p. of PDF. Includes bibliographical references. Published by UMI Dissertation Services, Ann Arbor, Mich. Also available in paper.
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Reeves, Lawrence A. "Supply Chain Managers' Reverse Logistics Strategies to Control Cost Through Risk Mitigation." ScholarWorks, 2019. https://scholarworks.waldenu.edu/dissertations/7068.
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Supply chain managers in the food and beverage industry face significant challenges regarding the use of effective reverse logistics strategies to reduce supply chain disruptions, control risk, and reduce costs. Through the lens of resource dependence theory, the purpose of this multiple case study was to explore reverse logistics strategies used by supply chain managers in the United States to control cost through risk mitigation. Participants in this study included 5 supply chain managers in the food and beverage distribution industry in the state of Georgia who implemented successful reverse logistics strategies to control cost through risk mitigation. Data were collected using face-to-face, semi-structured interviews and a review of relevant company documents. Data were thematically analyzed using Yin's 5-step process of compiling, disassembling, reassembling, interpreting, and concluding the data. The 3 key themes that emerged from data analysis were a communication strategy, an inspection strategy, and a cost allocation strategy. Supply chain leaders may use the findings of this study to improve their communication flow with internal and external partners, implement an effective inspection strategy to reduce damaged goods, and implement a cost allocation strategy to reduce their financial exposure regarding products in need of return to the original source because of damage or spoilage. The implications of the research for positive social change include the potential for supply chain leaders to lower the cost of food and beverage products for consumers and avoid or reduce the flow of damaged or spoiled food and beverage products into consumer markets through effective implementation of reverse logistics strategies.
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Rodriguez, Baca Georgina Renée, and Baca Georgina Renée Rodriguez. "Measures and procedures to manage wildfire risk with applications to the sustainability of timber supply in an eastern canadian boreal forest." Doctoral thesis, Université Laval, 2017. http://hdl.handle.net/20.500.11794/27711.
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Bien que les stratégies de gestion du risque et de l'incertitude soient de plus en plus reconnues comme une dimension critique de l’aménagement des ressources naturelles, leur mise en œuvre reste encore à développer. Cependant la gravité du risque, les dommages potentiels qui y sont associés ainsi que sa probabilité d’occurrence demeurent souvent méconnus. Cette étude analyse différentes stratégies de gestion des risques utilisées dans la planification de l’aménagement forestier. Nous avons évalué des stratégies qui pouvaient protéger le niveau de récolte face aux risques de feu. Un modèle d'optimisation et de simulation a été conçu pour évaluer l'impact du risque de feu sur les calculs de possibilité forestière dans un contexte d’aménagement écosystémique de la zone boréale de la province de Québec au Canada. Nous avons comparé deux stratégies de mitigation des impacts. La stratégie dans laquelle les coûts d’une prime d'assurance sont pris en compte s’est révélée relativement meilleure que celle consistant à une mise en réserve de bois (chapitre I). Nous avons également évalué une stratégie menant à l’exclusion des peuplements les plus vulnérables au feu en raison de leur faible taux de croissance (chapitre II). Cette stratégie s’est également révélée meilleure que celle visant la mise en réserve de bois. Finalement, nous avons évalué le potentiel que présente la coupe partielle comme stratégie visant à réduire le temps d’exposition au risque. Combinée la mise en réserve de bois (fond de réserve), la coupe partielle s’avère un outil des plus utile (chapitre III). L’étude révèle qu’une stratégie ciblée telle que l’exclusion des peuplements vulnérables ou l’augmentation de la proportion des coupes partielles performe mieux qu’une stratégie non ciblée telle que le fond de réserve. Bien que nous ayons abordé différentes stratégies d’aménagement forestier dans cette thèse, des points importants restent encore à éclaircir, en particulier la tolérance au risque et le contexte dans lequel il se développe.Bien que les stratégies de gestion du risque et de l'incertitude soient de plus en plus reconnues comme une dimension critique de l’aménagement des ressources naturelles, leur mise en œuvre reste encore à développer. Cependant la gravité du risque, les dommages potentiels qui y sont associés ainsi que sa probabilité d’occurrence demeurent souvent méconnus. Cette étude analyse différentes stratégies de gestion des risques utilisées dans la planification de l’aménagement forestier. Nous avons évalué des stratégies qui pouvaient protéger le niveau de récolte face aux risques de feu. Un modèle d'optimisation et de simulation a été conçu pour évaluer l'impact du risque de feu sur les calculs de possibilité forestière dans un contexte d’aménagement écosystémique de la zone boréale de la province de Québec au Canada. Nous avons comparé deux stratégies de mitigation des impacts. La stratégie dans laquelle les coûts d’une prime d'assurance sont pris en compte s’est révélée relativement meilleure que celle consistant à une mise en réserve de bois (chapitre I). Nous avons également évalué une stratégie menant à l’exclusion des peuplements les plus vulnérables au feu en raison de leur faible taux de croissance (chapitre II). Cette stratégie s’est également révélée meilleure que celle visant la mise en réserve de bois. Finalement, nous avons évalué le potentiel que présente la coupe partielle comme stratégie visant à réduire le temps d’exposition au risque. Combinée la mise en réserve de bois (fond de réserve), la coupe partielle s’avère un outil des plus utile (chapitre III). L’étude révèle qu’une stratégie ciblée telle que l’exclusion des peuplements vulnérables ou l’augmentation de la proportion des coupes partielles performe mieux qu’une stratégie non ciblée telle que le fond de réserve. Bien que nous ayons abordé différentes stratégies d’aménagement forestier dans cette thèse, des points importants restent encore à éclaircir, en particulier la tolérance au risque et le contexte dans lequel il se développe.
Although, management strategies dealing with risk and uncertainty have become a critical issue over the past several years, solutions are still to be developed. However, how can one judge the severity of risk when the potential damage and its probability are unknown? This study develops a framework for analyzing risk management strategies in forest management planning. We delineated how these management strategies could address the risk to protect timber harvest against disruptions. We tested optimization and simulation model to estimate the impact of risk associated with fire in timber supply calculations in an ecosystem context in boreal zone of the province of Quebec, Canada. Since paying, an insurance premium appeared to produce better results than partitioning buffer stock, (chapter I). The rating of wood volume available to harvest as a function of its vulnerability to fire can be used to reduce the impacts of fire on timber supply (chapter II). This idea was extended to test the adaptability of partial cutting coupled with buffer stock and accounting for the uncertainty induced by fire and projected climate scenarios (chapter III). As there are different levels of risk and different levels of tolerance to risk, the study results have shown that the process of risk evaluation itself needs to be accepted in its degree of uncertainties and its severity. As far as the insurance is concerned, it looks like a good strategy, but find an insurance company that is interested enough to believe there are enough potential customers to pay the premiums to make a profit could be required. The results also reveal that a targeted strategy such as excluding vulnerable stands from timber supply or adaptation of silvicultural treatment such as partial cutting may greatly interesting when facing risk scenario. Although, we covered different forest management strategies in this thesis, important issues still need to be considered in order to improve the knowledge associated with risk of fire; especially the context in which it develops.
Although, management strategies dealing with risk and uncertainty have become a critical issue over the past several years, solutions are still to be developed. However, how can one judge the severity of risk when the potential damage and its probability are unknown? This study develops a framework for analyzing risk management strategies in forest management planning. We delineated how these management strategies could address the risk to protect timber harvest against disruptions. We tested optimization and simulation model to estimate the impact of risk associated with fire in timber supply calculations in an ecosystem context in boreal zone of the province of Quebec, Canada. Since paying, an insurance premium appeared to produce better results than partitioning buffer stock, (chapter I). The rating of wood volume available to harvest as a function of its vulnerability to fire can be used to reduce the impacts of fire on timber supply (chapter II). This idea was extended to test the adaptability of partial cutting coupled with buffer stock and accounting for the uncertainty induced by fire and projected climate scenarios (chapter III). As there are different levels of risk and different levels of tolerance to risk, the study results have shown that the process of risk evaluation itself needs to be accepted in its degree of uncertainties and its severity. As far as the insurance is concerned, it looks like a good strategy, but find an insurance company that is interested enough to believe there are enough potential customers to pay the premiums to make a profit could be required. The results also reveal that a targeted strategy such as excluding vulnerable stands from timber supply or adaptation of silvicultural treatment such as partial cutting may greatly interesting when facing risk scenario. Although, we covered different forest management strategies in this thesis, important issues still need to be considered in order to improve the knowledge associated with risk of fire; especially the context in which it develops.
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(13967333), Linhua Wu. "Techniques of risk management in the Central Queensland mining manufacturing supply chains." Thesis, 2009. https://figshare.com/articles/thesis/Techniques_of_risk_management_in_the_Central_Queensland_mining_manufacturing_supply_chains/21345000.
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The focus of this thesis is to examine the use of techniques of risk management employed by companies in Central Queensland's mining manufacturing supply chain. This is a rapidly growing industry sector supporting one of Queensland's major export industries. The specific objective of this research is to examine how companies in the supply chain employ techniques to identify, assess, and manage supply risks.
The research methodology entailed the use of in-depth interviews of companies in Rockhampton, Mackay and Yeppoon in Central Queensland. This method has been selected because of limited empirical data relating to supply chain issues in this field. Quantitative questions have been incorporated into an interview questionnaire to gain more information in the limited time available. A total of 21 interviews were conducted, and methods of qualitative description and descriptive statistics have been used to analyse the subsequent data.
The results show that Supply Unavailable, Supply Price Increase, and Unpredictable Lead Times are three main sources of supply risks perceived by respondents. For risk identification and assessment, specific techniques have been adopted widely, especially Communication with Suppliers. For risk mitigation, Alternative Suppliers when Supply Interrupted is perceived as the most important technique to reduce the impact of risk occurrence, while Close Working Relationship with Suppliers and Localised Sourcing are broadly used as the techniques to reduce the likelihood of risk occurrence. However, traditional buffer-oriented techniques, such as Multiple Sourcing, and Increased Stockpiling and Buffer Inventory, are not as popular in this industry as would be expected from published literature.
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Moraes, Perycles dos Santos. "Global supply chain risk management: an approach on how global firms manage the complexity of their worldwide operations." Master's thesis, 2016. http://hdl.handle.net/10071/13387.
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JEL Classification: M11 e L22The global supply chain risk management field is crucial for the supply chain sustainability, however, it is yet poorly explored, especially when it comes to matching the literature studies with empirical observations. The complexity inherent to these supply chains turn the studies and analyzes of risk-related issues, such as risk exposure, perception and its management strategies, time-to-time more significant to building a resilient and sustainable chain. In order to develop a coherent and relevant contribution for the literature, this dissertation provides three case studies of three companies from different industries. These case studies provide a qualitative approach of the firms’ risk perception and their management strategies. After the exposure of each of the three firms supply chain scenario, it is developed an analysis of the case studies, taking into account what is suggested and advised by former researchers in this field. The findings of this research indicate that the three companies do not dominate the existing supply chain risk management theoretical framework, nor fully apply risk management dynamics and strategies proposed by researchers. Instead, on average, they know in detail what are the risk-related events likely to have impacts onto their supply chains; moreover, their risk management strategies seem to be effective on both avoiding impacts and overcoming barriers and disruptions. On the other hand, the researchers’ and companies’ mindset converge on betting on cooperation/collaboration and communication/information sharing as builders of visibility, flexibility and agility into a supply chain, finally improving its resilience and reducing its risk exposure.
O campo da gestão do risco na cadeia global de abastecimento é fundamental para a sua sustentabilidade, entretanto, ainda figura um campo pouco explorado, principalmente quando se trata de avaliar se a teoria se adequa à prática. A complexidade inerente a essas cadeias faz com que o estudo dos seus riscos seja cada vez mais significante para construir uma cadeia de abastecimento resiliente e sustentável. A fim de desenvolver uma contribuição relevante para a literatura, este trabalho apresenta três estudos de caso de três empresas de diferentes indústrias. Para esta metodologia foi utilizada uma abordagem qualitativa para compreender a perceção do risco por parte das empresas, e suas respetivas estratégias para os gerir. Segue-se à exposição do cenário da cadeia de abastecimento das três empresas uma análise dos estudos de caso, com base no que é aconselhado pelos pesquisadores desta área. Por fim, os resultados deste trabalho indicam que as três empresas não dominam o arcabouço teórico do campo da gestão do risco na cadeia de abastecimento, nem mesmo aplicam a fundo as estratégias propostas pelos pesquisadores. Todavia, as empresas parecem conhecer detalhadamente os riscos aos quais estão expostas e, ainda, as estratégias adotadas para gerir estes riscos mostram-se eficientes tanto em evitar disrupções quanto em superar barreiras e dificuldades. Contudo, a mentalidade dos pesquisadores e empresas convergem em apostar na cooperação e comunicação como pontos chave para desenvolver a visibilidade, flexibilidade e agilidade numa cadeia de abastecimento, aprimorando, em última instância, sua resiliência e diminuindo sua exposição aos riscos.
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Manai, Nedra. "Delays prediction using data mining techniques for supply chain risk management company." Master's thesis, 2019. http://hdl.handle.net/10362/57155.
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Project Work presented as the partial requirement for obtaining a Master's degree in Information Management, specialization in Knowledge Management and Business IntelligenceGlobalization makes competition in supply chain management more intense. Pressure on improving the efficiency, guarantee that goods arrive on time and reduce the cost of shipment became higher. Shipment passes through different continents and cultures, dispersed around the world and encounter different conditions and risks. These risks are unexpected events that might disrupt the flow of materials or the planned operations. It can be due to late delivery, inaccuracy in forecasting, natural disasters like hurricane and earthquake or sociocultural events like strike. An effective use of supply chain risk management methods which includes risk identification, risk assessment, risk mitigation, and risk control is important for the organization to survive. For that reason, I was part of a team in XXX organization who has a goal to develop a predictive model to predict shipment delays for company’s customers.
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Gonçalves, João Manuel Jordão Mota. "Supply chain risk analysis in the automotive sector: the case of VMI with consignment stock implementation." Master's thesis, 2019. http://hdl.handle.net/1822/64542.
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Dissretação de Mestrado Integrado em Engenharia e Gestão IndustrialThis dissertation was a result of an internship at Bosch Car Multimedia in the scope of the Master in Industrial Engineering and Management of the University of Minho. The project was developed in the logistics department of the company responsible for innovation projects and was focused on the analysis of the existing process of implementation of vendor managed inventory with consignment stock. The sourcing vendor managed inventory with consignment concept represented 10.43% of the total raw material value supplied during January 2019 and the raw material supplied in consignment without vendor managed inventory represented 41.29%. The purpose of the project is to improve the process of implementation of the concept and, consequently, raise the share of parts that are supplied using vendor managed inventory with consignment. Action-Research was used as research methodology, so the project started by analyzing the current situation through meetings with the workers involved and the suppliers and through theoretical research. Thus, it was possible to identify the main issues with the current process, to define and implement improvement measures. The proposed improvements concentrated on the process standardization through the creation of standard documents. Besides the organization of the relevant documents in a community accessible to Bosch workers, a training was provided to the procurement planners in order to raise awareness about the topic and the importance of communication between the parties involved. Also, the reports to check the KPIs status were improved in order to make them quicker to extract and more user friendly and appealing. These include the share of components in consignment and VMI and the identification of undue consignment removal. The application of these proposed improvements allowed to raise the share of parts supplied using VMI and consignment which represents a saving of 63 000 € between January 2019 and June 2019.
A presente dissertação foi o resultado de um projeto de estágio desenvolvido na empresa Bosch Car Multimedia no âmbito do Mestrado Integrado em Engenharia e Gestão Industrial na Universidade do Minho. O projeto foi desenvolvido no departamento da Logística responsável pelos projetos de inovação e focou-se na análise do processo de implementação de vendor managed inventory com stock em consignação. O conceito de fornecimento vendor managed inventory representou 10.43% do total de matéria-prima fornecida durante o mês de janeiro de 2019 e a matéria-prima fornecida em consignação representou 41.29% do total. O objetivo do projeto é melhorar o processo de implementação do conceito e, consequentemente, aumentar a percentagem de matéria-prima fornecida usando o referido conceito resultando na diminuição dos custos. Neste projeto foi usada a Investigação-Ação como metodologia de investigação. Deste modo, na primeira fase do projeto foi observada a situação atual através de reuniões com os colaboradores envolvidos e com os fornecedores e de investigação teórica. Assim, foi possível identificar as falhas no processo atual. As melhorias propostas recaíram sobre a padronização do processo através da criação de documentos standard, juntamente com a organização de dados e documentos relevantes numa comunidade acessível aos colaboradores Bosch. Também foram dadas formações aos planeadores de compra de matéria-prima para alertar para a importância do tópico e da relevância da comunicação entre todos os intervenientes. Ainda, procedeu-se à melhoria dos relatórios utilizados para analisar o status dos indicadores para tornar a sua extração mais rápida e mais simples e apelativa. A aplicação destas medidas propostas auxiliou a aumentar a percentagem de componentes fornecidos com VMI e consignação o que representa uma poupança de 63 000 € entre Janeiro e Junho de 2019.
Books on the topic "Manage supply risks"
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U. S. Government Accountability Offi Gao. Defense Supply Chain: DOD Needs Complete Information on Single Sources of Supply to Proactively Manage the Risks. Independently Published, 2019.
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John, Dewar, and Irwin Oliver. 4 Project Risks. Oxford University Press, 2015. http://dx.doi.org/10.1093/law/9780198715559.003.0005.
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This chapter considersthe identification, assessment, allocation, negotiation, and management of the risks associated with a particular project(such as delay risk, cost overruns, technology risk, off-take risk, revenue risk, operating risk, supply risk, currency risk, political risk and environmental and social risk). A project’s value is based principally on its ability to generate revenue during its operating phase. Both the sponsors and the lenders need to be able to effectively identify and manage the risks associated with that project. This chapter also identifies how those risks can be managed and minimized. In addition the chapter contains an analysis under English law of the possible impact on risk allocation in a project arising from the effects of any supervening event.
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John, Dewar, and Taufatofua Chris. 5 Allocation of Risks in Project Documentation. Oxford University Press, 2015. http://dx.doi.org/10.1093/law/9780198715559.003.0006.
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Achieving the optimal risk allocation in the project document structure is critical to the successful delivery of any project. This chapter outlines the key considerations that help determine how the project risks are typically approached in the context of the key project documents, including concession agreements, construction contracts, offtake agreements, feedstock supply agreements, and operation and maintenance agreements. Particular focus is given to the need to achieve a project document structure and risk allocation that is ‘bankable’, while emphasizing the importance of a risk allocation that strikes a balance between (i) identifying the most appropriate counterparty to manage a particular risk as well as (ii) ensuring such counterparty is appropriately incentivized to manage such risk.
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Manners-Bell, John. Supply Chain Risk Management: How to Design and Manage Resilient Supply Chains. Kogan Page, Limited, 2020.
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Supply Chain Risk Management: How to Design and Manage Resilient Supply Chains. Kogan Page, Limited, 2020.
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Manners-Bell, John. Supply Chain Risk Management: How to Design and Manage Resilient Supply Chains. Kogan Page, Limited, 2020.
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MAHESHA, Dr C. R., Dr S. BASKARAN, Dr RAJU T N, and Smt SUPRABHA R. SALES AND DISTRIBUTION MANAGEMENT. KAAV PUBLICATIONS, DELHI, INDIA, 2022. http://dx.doi.org/10.52458/9789391842420.2022.tb.
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Business leaders know that accurate sales & distribution management is a critical organizational capability. Proper sales management is predicting the future, and the list of what needs to be predicted to run a world-class organization and its supply chain is virtually endless. Accurate sales management and distribution system is essential for identifying new market opportunities, forecasting risks, events, supply chain disruptions, innovation, competition, market growth and trends. It also includes the ability to conduct 'what-if' analysis to understand the tradeoff implications of decisions. Over the past few years the ability to adopt accurate and useful sales distribution has become particularly challenging due to a spike in the competitiveness of global markets coupled with a global economic recession. Customers are demanding increasingly shorter response times, improved quality, and greater product choice. Increased competition is exacerbated by a downward global economy and rising fuel prices, which increase uncertainty, risk, and operating costs. The purpose of this book is to familiarise readers with the principles, strategies and skills of selling ,managing and the distribution function. This book also provides an understanding of the tools & techniques necessary to effectively manage the sales function, the sales forecasting and the distribution management.
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Gružauskas, Valentas, and Aurelija Burinskienė. Determining the Trade-offs of Inventory Management Approaches in the Face of Covid-19. KTU leidykla „Technologija“, 2021. http://dx.doi.org/10.5755/e01.9786090217436.
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The COVID-19 pandemic has left a clear mark on virtually every area of human activity. Arguably, most prominent changes may be observed in the global supply chain where the delivery times have changed, and even minor outbreaks of the pandemic pose ever-increasing risks in logistics, supply, and infrastructure. The authors of the scientific study analyze supply chain management approaches and deal with the key aspects which are most suitable to tackle the COVID-19 crisis. This study identifies which area caused by the pandemic has been most problematic and proposes strategies and methods to help companies properly manage their stockpiles. Another important aspect of this scientific study is that the analysis of inventory management methods in a critical environment is performed by developing an agent-based model. Thus, the data from this study are completely new and allow a closer look and understanding of how the COVID-19 pandemic has affected the supply and stockpiling/storage issues. In this research, the authors focus on the supplier relationship and inventory level management. Here, they examine several different business scenarios, such as: central vs. distributed warehouses, local vs. global suppliers, etc. Due to the wide range of information, this book should attract not only those who are profoundly interested in the field but also inquisitive newcomers with an interest in the trade and product supply policy.
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Keulertz, Martin, and Tony Allan. What Is Food-water and Why Do We not Account for It? Edited by Ken Conca and Erika Weinthal. Oxford University Press, 2017. http://dx.doi.org/10.1093/oxfordhb/9780199335084.013.1.
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With 92 percent of the water used by society for food-water, the behavior of consumers determines the demand for food and water. This chapter examines the extent to which global society can manage sustainably the water resources on which its food security depends. Many market players ensure the demand for food is met in supply chains that are embedded in the global food system, linking farmers, agri-industries that supply inputs, food traders, food manufacturers, and food retailers. Food-water risk highlights the importance of the food choices of consumers, as their wasteful practices squander volumes of water and energy along the food supply chains. It is important to recognize that food supply chains are often blind to the costs of blue and green water as an input and to the impacts of misallocating and mismanaging water. This chapter thus discusses the politics of food and the need to account for water.
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Verdini Trejo, Bruno. Winning Together. The MIT Press, 2018. http://dx.doi.org/10.7551/mitpress/9780262037136.001.0001.
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Through an analysis of prominent transboundary natural resource management negotiation cases, Winning Together outlines how government, industry, and NGOs can effectively overcome past grievances, break the status quo, resolve conflicts, and create mutual gains in high-stakes water, energy, and environmental disputes. The book examines two landmark international negotiations between the United States and Mexico, both with agreements signed in 2012 after several decades of deadlock. The first case involves the conflict over the shared hydrocarbon reservoirs in the Gulf of Mexico, containing significant oil and natural gas resources. The second analyzes the dispute, amidst severe drought and increased climate risks, over the environmental resources and shared waters of the Colorado River, providing irrigation and water supply to more than 40 million people. For the first time, the two countries established a binational framework to co-develop and jointly manage these transboundary natural resources, as partners. Through unprecedented interviews with over 70 negotiators on both sides of the border, the book underscores strategies by which resource management practitioners can effectively increase river basin supply, re-think irrigation and storage infrastructure, restore ecosystems and habitats, enhance coordination between private and state owned companies, improve energy transition and planning, and re-define the scope and impact of diplomatic partnerships. Winning Together shows how developed and developing countries can move beyond hard-bargaining tactics and avoid the ultimatums that accompany the presumption that there are not enough resources to go around, and that one side must win and the other must inevitably lose.
Book chapters on the topic "Manage supply risks"
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Alpan, Gülgün, Van-Dat Cung, Fabien Mangione, and Gonca Tuncel. "Coordination Mechanism as a Mitigation Action to Manage Supply Chain Risks." In Supply Chain Performance, 239–66. Hoboken, NJ, USA: John Wiley & Sons, Inc., 2013. http://dx.doi.org/10.1002/9781118558065.ch7.
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Muller, Mike. "Managing Current Climate Variability Can Ensure Water Security Under Climate Change." In African Handbook of Climate Change Adaptation, 2311–37. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-45106-6_243.
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AbstractWater resources will be significantly impacted upon by climate change, and these impacts will be transmitted to the many sectors and services dependent on them. The nature, extent, and timing of these impacts remain uncertain, but the long lifetime of water infrastructures requires that their planning, development, and operations should be resilient to climate changes. An effective approach is to focus on the management of current climate variability as it relates to water, which strengthens the ability of communities and countries to foresee, manage, and adapt to the impacts of longer-term climate change on water-related activities. This approach is illustrated by cases from Southern and Eastern Africa.Current “stationary” stochastic methods of hydrological analysis can still be used under assumptions of a “dynamic stationarity” although more regular updating of hydrological data will be required. Methodologies to evaluate economic dimensions of risk reduction introduce additional uncertainties but may help decision-makers to understand the risks and opportunities. Diversification of sources and sequencing of resource development pathways are helpful strategies to adapt to climate change but must ensure that risks affecting different sources are not correlated. Attention must also be given to demand-side interventions in order to reconcile supply and demand, and these perspectives must be shared with social, economic, and political actors to ensure that strategies are communicated, understood, and supported by the wider community.
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Muller, Mike. "Managing Current Climate Variability Can Ensure Water Security Under Climate Change." In African Handbook of Climate Change Adaptation, 1–27. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-42091-8_243-1.
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AbstractWater resources will be significantly impacted upon by climate change, and these impacts will be transmitted to the many sectors and services dependent on them. The nature, extent, and timing of these impacts remain uncertain, but the long lifetime of water infrastructures requires that their planning, development, and operations should be resilient to climate changes. An effective approach is to focus on the management of current climate variability as it relates to water, which strengthens the ability of communities and countries to foresee, manage, and adapt to the impacts of longer-term climate change on water-related activities. This approach is illustrated by cases from Southern and Eastern Africa.Current “stationary” stochastic methods of hydrological analysis can still be used under assumptions of a “dynamic stationarity” although more regular updating of hydrological data will be required. Methodologies to evaluate economic dimensions of risk reduction introduce additional uncertainties but may help decision-makers to understand the risks and opportunities. Diversification of sources and sequencing of resource development pathways are helpful strategies to adapt to climate change but must ensure that risks affecting different sources are not correlated. Attention must also be given to demand-side interventions in order to reconcile supply and demand, and these perspectives must be shared with social, economic, and political actors to ensure that strategies are communicated, understood, and supported by the wider community.
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Martínez-de-Albéniz, Victor. "Using Supplier Portfolios to Manage Demand Risk." In The Handbook of Integrated Risk Management in Global Supply Chains, 425–45. Hoboken, NJ, USA: John Wiley & Sons, Inc., 2011. http://dx.doi.org/10.1002/9781118115800.ch15.
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Shayan, M. N. M., G. G. Tushara Chaminda, K. C. Ellawala, and W. B. Gunawardena. "Evaluation of Water Quality of Community Managed Water Supply Schemes (CMWSS) in Galle District." In Resilience, Response, and Risk in Water Systems, 139–50. Singapore: Springer Singapore, 2020. http://dx.doi.org/10.1007/978-981-15-4668-6_8.
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Luthra, Sunil, Sachin Kumar Mangla, V. G. Venkatesh, and Suresh Kumar Jakhar. "Management of Risks in Sustainable Supply Chain Using AHP and Monte Carlo Simulation." In Managerial Strategies for Business Sustainability During Turbulent Times, 58–76. IGI Global, 2018. http://dx.doi.org/10.4018/978-1-5225-2716-9.ch004.
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Business organizations are facing increasingly pressure from stakeholders to incorporate sustainable initiatives in the supply chains. In supply chain management, risk deals with the ‘disturbance and disruption' in a variety of operations that consequences to undesired consequences. Sustainable supply chain (SSC) risk management is a supply chain strategy that aligns economic goals with a supply chain's ecological course of actions. In this chapter, an attempt is made to prioritize and manage the risks linked to SSC. The analysis has been done by combined Analytic Hierarchy Process (AHP) and Monte Carlo simulation (MCS) approach, which helps in distinguishing the priority of risks and revealing of the impacts of risk. Initially, the recognized risks are analyzed to know their priority using AHP technique. Next, the uncertainties related to the risks are explored. This is followed by a risk evaluation procedure to access the disruption impacts of these risks using MCS approach. This methodical approach helps in understanding of the probable risks and consequences to emerge in SSC.
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Klimov, Ruslan, Yuri Merkuryev, and Juri Tolujew. "A Theoretical Framework for a Simulation-Based Analysis of Supply Chain Risk Management." In Managing Risk in Virtual Enterprise Networks, 162–83. IGI Global, 2010. http://dx.doi.org/10.4018/978-1-61520-607-0.ch008.
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Supply chain management under uncertainty and risk has become the target of extensive research. A review of the corresponding literature indicates mainly theoretical approaches, which attempt to provide solutions to certain problems. In this chapter, a theoretical framework of supply chain risks analysis is proposed. Within this framework, studied risks are determined by possible disruptions that affect supply chain ability to function normally. Thus, supply chain performance parameters are taken as a basis for a risk measurement system. Correspondingly, supply chain reliability parameters and performance fluctuations are studied in order to manage risks. A possible implementation of the proposed framework is discussed through the presentation of a simulation example. Still, the evaluation of the proposed framework’s practical application remains an item of the future research agenda. The ultimate objective of the research presented in this chapter is the elaboration of a software solution for supply chain modelling and risk evaluation.
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Drake, Matthew J. "The Application of the Internet of Things in Managing Supply Chains." In Encyclopedia of Data Science and Machine Learning, 2298–312. IGI Global, 2022. http://dx.doi.org/10.4018/978-1-7998-9220-5.ch138.
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Internet of things (IoT) devices collect data about current environmental conditions faced by people, products, equipment, or machinery in the supply chain. Leading organizations are using this real-time data to proactively manage their supply chains more efficiently and effectively. This article discusses the application of IoT technology in the supply chain and the common benefits it can generate such as supply chain visibility, supply chain traceability, supply chain transparency, supply chain risk management, supply chain collaboration, and flexibility and agility. It also presents the challenges and risks that firms face when implementing IoT technology in their supply chains.
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Hill, Douglas S. "An Examination of Standardized Product Identification and Business Benefit." In Handbook of Research on E-Business Standards and Protocols, 387–411. IGI Global, 2012. http://dx.doi.org/10.4018/978-1-4666-0146-8.ch018.
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This chapter goes on a supply chain journey where humankind attempts to make sense of its complex world through the application of numbers and associated data carriers. The trading world is famously becoming increasingly globalised and has had the effect of extending supply chains and subsequently making them more complex and prone to risk. To offset these risks, standards are being developed and applied in supply chains to identify and manage products as they travel along the physical supply chain. The following pages introduce the reader to the concepts of standardised product identity and data management. Both of these elements have been found to be foundational and enabling prerequisites when offsetting supply chain risk. The systems mentioned within the chapter are discussed through the lens of the GS1 system and have all been tested in manifold implementations. They are intended as best practices, patterns of application for supply chain managers, and thought leaders alike, which are proposed as a launch pad for improving organisational capabilities using standards.
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Conklin, Art, and Chris Bronk. "Enhancing a SCRM Curriculum With Cybersecurity." In Research Anthology on Advancements in Cybersecurity Education, 383–93. IGI Global, 2022. http://dx.doi.org/10.4018/978-1-6684-3554-0.ch018.
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Supply chain-related curricula exist across many universities, with many including risk management as an important or focal element. With the rise of software-driven technology across the supply chain, how can firms manage the inherent risks associated with software as part of a procurement process? This article examines how to provide context appropriate cybersecurity exemplars in a model supply chain education program, bringing to light the issue of embedded risk in software acquisition. Through a series of specifically placed educational elements that provide targeted cybersecurity knowledge to students, the objective is to provide additional skill sets for future supply chain professionals to assist firms in including software related cybersecurity risk as a component in SCRM.
Conference papers on the topic "Manage supply risks"
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Stephan, Jean, and Youakim Badr. "A quantitative and qualitative approach to manage risks in the supply chain operations reference." In 2007 2nd International Conference on Digital Information Management. IEEE, 2007. http://dx.doi.org/10.1109/icdim.2007.4444258.
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Fletcher, Edwin John, and Nigel Howard Croft. "Trust but Verify – Managing Supply Chain Risks." In Offshore Technology Conference. OTC, 2022. http://dx.doi.org/10.4043/31969-ms.
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Abstract The oil and gas sector operates within a complex environment of operational and process safety requirements, regulatory and social license obligations. This complexity and the resultant risks and opportunities cascades throughout the sector's supply chain. It is standard practice for organizations in the sector to require their products and services suppliers to operate quality management systems. This paper demonstrates the value of aligning and standardizing customer quality management requirements through the adoption of standards such as ISO 29001:2020 to realize and protect value and to limit the uncertainty and supplier cost and schedule contingencies applied to bespoke customer quality requirements and intervention in supplier operations. ISO /TS 29001:2010 and comparable standards such as API Specification Q1 were developed to supplement the generic aspects of ISO 9001 with sector specific requirements tailored to address the context and associated risks of the sector. ISO 9001:2015 introduced a step change in the way quality management systems are implemented across all industries. Organizations are required to place emphasis on the identification and management of risks associated with their activities, processes, output products and services. Quality management systems must include appropriate processes for risk management and opportunity realization. ISO 29001:2020 supplements ISO 9001:2015 with requirements and guidance to manage risks associated with the oil and gas sector and to provide a framework for aligning requirements with complementary standards, such as API Specifications Q1 and Q2 employed within the sector. Recognizing that there is a vast scope of supply in the sector, from standard to specialized materials, equipment, and services, it is important that relevant risk-based approaches are taken when specifying and evaluating quality management system requirements. This strategy ensures that both supplier and customer resources are deployed to facilitate and verify conformance with requirements based on service risk and supplier capabilities. The paper overviews the methodology and implementation strategies for performing risk assessments, assessing supply chain capability and for specifying and verifying quality requirements provided in Annex C of ISO 29001:2020. The paper introduces case studies demonstrating the potential value of implementing ISO 29001:2020 and the methodology prescribed in Annex C. It also provides observations and draws conclusions on the prerequisites and barriers to the successful implementation of the standard. This paper will also demonstrate how the sector specific quality requirements provided in ISO 29001:2020 complement the introduction of innovative technologies. Examples include virtual communication, data collection, analysis, identification and traceability applications to validate conformance and enable innovation and learning organizations.
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Fletcher, Edwin John, and Nigel Howard Croft. "Trust but Verify – Managing Supply Chain Risks." In Offshore Technology Conference. OTC, 2022. http://dx.doi.org/10.4043/31969-ms.
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Abstract The oil and gas sector operates within a complex environment of operational and process safety requirements, regulatory and social license obligations. This complexity and the resultant risks and opportunities cascades throughout the sector's supply chain. It is standard practice for organizations in the sector to require their products and services suppliers to operate quality management systems. This paper demonstrates the value of aligning and standardizing customer quality management requirements through the adoption of standards such as ISO 29001:2020 to realize and protect value and to limit the uncertainty and supplier cost and schedule contingencies applied to bespoke customer quality requirements and intervention in supplier operations. ISO /TS 29001:2010 and comparable standards such as API Specification Q1 were developed to supplement the generic aspects of ISO 9001 with sector specific requirements tailored to address the context and associated risks of the sector. ISO 9001:2015 introduced a step change in the way quality management systems are implemented across all industries. Organizations are required to place emphasis on the identification and management of risks associated with their activities, processes, output products and services. Quality management systems must include appropriate processes for risk management and opportunity realization. ISO 29001:2020 supplements ISO 9001:2015 with requirements and guidance to manage risks associated with the oil and gas sector and to provide a framework for aligning requirements with complementary standards, such as API Specifications Q1 and Q2 employed within the sector. Recognizing that there is a vast scope of supply in the sector, from standard to specialized materials, equipment, and services, it is important that relevant risk-based approaches are taken when specifying and evaluating quality management system requirements. This strategy ensures that both supplier and customer resources are deployed to facilitate and verify conformance with requirements based on service risk and supplier capabilities. The paper overviews the methodology and implementation strategies for performing risk assessments, assessing supply chain capability and for specifying and verifying quality requirements provided in Annex C of ISO 29001:2020. The paper introduces case studies demonstrating the potential value of implementing ISO 29001:2020 and the methodology prescribed in Annex C. It also provides observations and draws conclusions on the prerequisites and barriers to the successful implementation of the standard. This paper will also demonstrate how the sector specific quality requirements provided in ISO 29001:2020 complement the introduction of innovative technologies. Examples include virtual communication, data collection, analysis, identification and traceability applications to validate conformance and enable innovation and learning organizations.
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Krumdieck, Susan. "Transition Engineering of Urban Transportation for Resilience to Peak Oil Risks." In ASME 2011 International Mechanical Engineering Congress and Exposition. ASMEDC, 2011. http://dx.doi.org/10.1115/imece2011-65836.
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Oil resources are finite and production decline is a fact for this century. The question is, why there has been so little policy action? This paper proposes that dealing with the complex changes involved in the transition to oil supply contraction requires new kinds of engineering modeling and analysis. There are no miracle technologies that will mitigate the need for major policy, economic, infrastructure and land use changes. Researchers have the responsibility to develop new methods and tools necessary for policy makers and planners to manage this change in direction. Without the right tools, the policy choice is between denying the problem and hoping for miracles. With the right Transition Engineering tools, the policy choices involve changes in land use, incentives, taxes and investments that efficiently reduce vulnerability and risk, increase adaptive capacity and build resilience. For more than a decade, the research and development program at the Advanced Energy and Material Systems Lab (AEMSLab) has focused on Transition Engineering. The first Transition Engineering project assesses vulnerability and risk to essential activities from oil supply contraction in the near and long term. The risk assessment method employs a probabilistic model of future fuel availability and an impact model of travel behavior adaptation to meet the probable fuel constraint. The second project is to assess travel adaptive capacity of current travel behavior and of the current urban forms using a new kind of travel survey, and to develop adaptation models for different urban development scenarios. Another important analysis is the active mode accessibility of the current urban form. The model uses GIS data and an activity model based on the demographic profile. Future urban form development, technology and infrastructure investments and behavior change are modeled using the strategic analysis method.
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Saleppang Kila, Edyos Wyndu, and Dadang Firmansyah. "An Efficient Technology and Solution Well Operation by Maintain Well Integrity in Offshore Field." In International Petroleum Technology Conference. IPTC, 2022. http://dx.doi.org/10.2523/iptc-22470-ea.
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Abstract The point of well integrity is how to produce hydrocarbon from the source (well) to surface safely. The main goal of this paper is to keep well in operation due to gas supply and demand in the field, identify tubing/ annulus communication, mitigate any excessive annulus pressure, and corrective action of tubing casing leaks refer to industrial code and Well Integrity Management System (WIMS). One of the wells in "P" platform, namely "W" well has found a leak between production tubing and production casing ("A" annulus) and no any excessive presure from "B" & "C" annulus in this case. There is no way to shut-in the well due to gas supply and demand in our field and the well must be operate safely by conduct annulus pressure monitoring, pressure limit calculation, regular bleed-off program, and modify surface facilities. Pressure limit is calculated by determine MAASP and MOASP to ensure working pressure and bleed-off program are managed. Annulus pressure bleed-down program is one of mitigation action to manage excessive pressure in annulus. We have provided technical recommendation, specify mitigate engineering solution to reduce risks, and modify surface facilities to keep wells in operation. Based on jobs result, we have done to operate all wells safely with efficient technology, deliver fluid from 3 ½" production tubing to surface facilities, perform cost optimization, and minimize production loss. We have also performed to manage and maintain annulus casing pressure successfully related to well integrity implementation. Furthermore, In this case, there is no serious hazard during these conditions in offshore field. The paper will share success story, method, and detail procedure to keep well operation by maintain annulus casing pressure in offshore field. We have done this method by efficient technology/ solution with lower operating & construction cost and there is no production loss during operation. We confidence this method can be applied successfully not only for our field, but also other business/ operating units which has similar conditions.
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Wang, Su-Wen, and Shih Kuan Chiu. "Research on Green Supply Chain Management and Enterprise Performance in Taiwan’s Electronics Industry." In Japan International Business and Management Research Conference. RSF Press & RESEARCH SYNERGY FOUNDATION, 2020. http://dx.doi.org/10.31098/jibm.v1i1.215.
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The increase in greenhouse gases (GHG) in the atmosphere has led to global warming. Climate change is an international environmental issue. Therefore, companies should pay more attention to carbon management strategies in their supply chains. It also requires major suppliers to disclose their greenhouse gas emissions and climate change strategies through CDP. These suppliers include some large electronics manufacturers in Taiwan. The focus of this research is to understand the carbon management strategy in the green supply chain of Taiwan's electronics industry. Based on the collected strategies, a questionnaire was compiled and mailed to listed electronics companies in Taiwan to understand how Taiwanese electronics companies deal with carbon management in their supply chains. In this study, the collected data were analyzed and processed through descriptive statistical analysis, one-way analysis of variance, Pearson product difference correlation, and multiple stepwise regression analysis. And draw the following conclusion: Director of Electronics Industry- The views on overall green supply chain management and overall company performance are in the middle and high levels, there are significant differences in "marriage", "gender", "age", "education" and "work experience", there is a positive correlation between all aspects, and there are significant differences, there is a significant correlation between the two. And has the predictive ability. The results of this study also indicate that the most important strategies for large electronics companies to manage their supply chain carbon risks are "green product design," "material replacement," "energy efficiency," and "reducing packaging and reusability." And these companies have already begun to implement these carbon management strategies. Finally, based on the research process and conclusions, specific suggestions are made to provide references for Taiwan’s electronics-related industries and future researchers.
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Prassinos, Peter G., John W. Lyver, and Chinh T. Bui. "Risk Assessment Overview." In ASME 2011 International Mechanical Engineering Congress and Exposition. ASMEDC, 2011. http://dx.doi.org/10.1115/imece2011-63490.
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Risk assessment is used in many industries to identify and manage risks. Initially developed for use on aeronautical and nuclear systems, risk assessment has been applied to transportation, chemical, computer, financial, and security systems among others. It is used to gain an understanding of the weaknesses or vulnerabilities in a system so modification can be made to increase operability, efficiency, and safety and to reduce failure and down-time. Risk assessment results are primary inputs to risk-informed decision making; where risk information including uncertainty is used along with other pertinent information to assist management in the decision-making process. Therefore, to be useful, a risk assessment must be directed at specific objectives. As the world embraces the globalization of trade and manufacturing, understanding the associated risk become important to decision making. Applying risk assessment techniques to a global system of development, manufacturing, and transportation can provide insight into how the system can fail, the likelihood of system failure and the consequences of system failure. The risk assessment can identify those elements that contribute most to risk and identify measures to prevent and mitigate failures, disruptions, and damaging outcomes. In addition, risk associated with public and environment impact can be identified. The risk insights gained can be applied to making decisions concerning suitable development and manufacturing locations, supply chains, and transportation strategies. While risk assessment has been mostly applied to mechanical and electrical systems, the concepts and techniques can be applied across other systems and activities. This paper provides a basic overview of the development of a risk assessment.
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Tang, Yucheng, Zuozhi Zhao, Peng Li, Junling Sun, and Jinyu Song. "Design for Global Sourcing for Gas Turbine Engine Support to Achieve Design Harmonization." In ASME Turbo Expo 2012: Turbine Technical Conference and Exposition. American Society of Mechanical Engineers, 2012. http://dx.doi.org/10.1115/gt2012-68935.
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Fierce competition, fluctuating market and opportunities in emerging market are forcing companies to structure product design globally to reduce cost and improve efficiency. However, the solutions to old issues are always accompanied by new challenges. Traditional design flow is struggling to catch up with the pace of customer requirement. And mixed global design teams, composed of senior and junior designers, are trying to design with uniform quality. A real case occurred was that an experienced designer provides a DIN solution when the manufacturing requirement was ASTM, which results additional round of product design. In order to reduce those risks and overcome the challenges, a multiobjective optimization framework for gas turbine engine support was developed to shorten the product development and find an optimal design solution. To manage the risks arising from sourcing, a concept of design for global sourcing (DfGs) was proposed and implemented by incorporating design standards database and supply chain interface during preliminary design stage. Three practical design cases were performed to validate the proposed method. The results demonstrated: 1) Cost and product development cycle was sharply reduced; 2) Design flexibility was achieved by DfGs concept; 3) Trade-off among conflicting design objectives was accomplished by cost estimation model.
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Li, James, Andrew Howard, and Amin Kalbasi. "Hazard Management Plan for Mass Transit System." In 2022 Joint Rail Conference. American Society of Mechanical Engineers, 2022. http://dx.doi.org/10.1115/jrc2022-78000.
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Abstract The literature has recognized that developing a Hazard Management Plan is the most efficient way to outline the process of identifying hazards, assessing the hazard risks, and eliminating hazards or mitigating the hazard risks to the acceptable level for a Mass Transit System. Hazard management is a comprehensive, collaborative approach to manage hazards. It brings different hazard analyses and hazard management tools together to identify the hazard, control the hazard, eliminate the hazard, or mitigate the hazard risk to an acceptable level at an early stage. Hazard management is a top-down hazard management process which involves the Hazard Management Plan (HMP) to outline the hazard management process from the initial stages of identifying a hazard to the final stage in the process of closing a hazard. Hazard analyses that are identified by the HMP include: Preliminary Hazard Analysis (PHA) to provide an early assessment of the top-level hazards associated with a design or concept; Operating and Support Hazard Analysis (OSHA) to identify and analyze hazards associated with personnel and procedures during production, installation, testing, training, operations, maintenance, and emergencies; Interface Hazard Analysis (IHA) to capture interface hazards introduced because of fault or failures in the interaction or interface between systems and between system and Civil works which covers both internal and external interfaces; Subsystem Hazard Analysis (SSHA) to identify previously unidentified hazards associated with the design of subsystems, including component failure modes, critical human error inputs, and hazards resulting for functional relationships between components and equipment comprising each subsystem and recommend actions necessary to eliminate identified hazards or control their associated risk to acceptable levels; System Hazard Analysis (SHA) to evaluate top-level hazards to ensure at the system level the hazards are mitigated to an acceptable level; Fault Tree Analysis (FTA) to identify weakness in the design (i.e., common mode failures); Failure Modes, Effect Analysis (FMEA) to identify and analyze possible failures early in the design phase so that appropriate actions are taken to eliminate, minimize, or control safety. A Hazard Log is a hazard management tool to collect all the hazards identified from various hazard analyses and manage the hazards to closure. In some cases, where hazards are owned by other parties the HMP process will define Hazard Transfer Forms (HTF) to transfer the hazard to the responsible party who will be responsible to supply the evidence of closure or accept the residual risk. This paper will introduce the HMP, various hazard analyses, hazard log and hazard management process that applies to a Mass Transit System.
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Fetescu, Mircea. "High Efficiency-Coal and Gas (HE-C&G): A Hybrid Power Plant Concept Iintegrating ABB’s GT24/GT26 Gas Turbines With Conventional Steam Power Plants for Competitive Power Generation With High Dispatch Flexibility." In ASME 1997 Turbo Asia Conference. American Society of Mechanical Engineers, 1997. http://dx.doi.org/10.1115/97-aa-140.
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The electric power generation world is currently confronted with new challenges: deregulation, open competition, new players entering the business, new regulations governing the return on investment, increased complexity and risk. In order to maintain or enhance their competitive position the electricity generators have as main objectives to lower generating costs, increase operating and dispatching flexibility and manage fuel related risks: availability, supply diversification, prices and price escalation and finally to capture value added profits. In order to meet new requirements of electricity generators, ABB has developed a hybrid power plant concept integrating the sequential combustion gas turbines GT24/GT26 with existing or new conventional steam power plants: the High Efficiency Coal and Gas (HE-C&G). The HE-C&G, with its unique design, operating and dispatching flexibility, provides our customers with the benefits of competitive power generation: the owner/operator can optimise — on line — the plant fuel and O&M costs, increase the availability, extend economic life and lower the environmental impact of the power plant. And even more, the HE-C&G creates the ability to benefit of the market opportunities: buy cheaper fuels and sell the electricity when profitable. This paper evaluates the feasibility of combining conventional steam power plants with sequential combustion gas turbines GT24/GT26 and recommends the HE-C&G as one of the most competitive alternatives for power generation, especially for re-evaluation of existing assets and positioning in the competitive environment.
Reports on the topic "Manage supply risks"
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Dzebo, Adis, and Kevin M. Adams. The coffee supply chain illustrates transboundary climate risks: Insights on governance pathways. Stockholm Environment Institute, April 2022. http://dx.doi.org/10.51414/sei2022.002.
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The interconnections between countries in a globalizing world continue to deepen and are central to the modern international economy. Yet, governance efforts to build resilience to the adverse risks and impacts of climate change are highly fragmented and have not sufficiently focused on these international dimensions. Relationships between people, ecosystems and economies across borders change the scope and nature of the climate adaptation challenge and generate climate risks that are transboundary (Challinor et al., 2017). Climate impacts in one country can create risks and opportunities – and therefore may require adaptation – in other countries, due to cross-border connectivity within regions and globally (Hedlund et al., 2018). These Transboundary Climate Risks (TCRs) may develop in one location remote from the location of their origin. This dynamic necessitates examining the governance structures for managing climate change adaptation. For example, with regard to trade and international supply chains, climate change impacts in one location can disrupt local economies and vulnerable people’s livelihoods, while also affecting the price, quality and availability of goods and services on international markets (Benzie et al., 2018). Coffee is one of the most traded commodities in the world with an immensely globalized supply chain. The global coffee sector involves more than 100 million people in over 80 countries. Coffee production and the livelihoods of smallholder coffee farmers around the world are at risk due to climate change, threatening to disrupt one of the world’s largest agricultural supply chains. The coffee supply chain represents an important arena for public and private actors to negotiate how resource flows should be governed and climate risks should be managed. Currently, neither governments nor private sector actors are sufficiently addressing TCRs (Benzie & Harris, 2020) and no clear mandates exist for actors to take ownership of this issue. Furthermore, the United Nations Framework Convention on Climate Change (UNFCCC), the main body for climate change policy and governance, does not provide any coherent recommendations on how to manage TCRs. This governance gap raises questions about what methods are likely to effectively reduce climate risk and be taken seriously by coffee market stakeholders. This policy brief explores different ways to govern TCRs, and how public and private actors view their effectiveness and legitimacy. Focusing on the Brazilian-German coffee supply chain, the brief presents a deductive framework of five governance pathways through which TCRs could be managed. It is based on 41 semi-structured interviews with 65 Brazilian and German public and private experts, including roasters, traders, cooperatives, associations and certification schemes, as well as government ministries, international development agencies, international organizations and civil society representatives.
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Wei, Gary, Emma Fan, and Anqian Huang. From Pandemic to Greater Resilience: Enhancing Disaster Risk Financing in the People’s Republic of China. Asian Development Bank, March 2022. http://dx.doi.org/10.22617/wps220090-2.
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The paper proposes five market-based parametric insurance pilot schemes to enhance the PRC’s public finance capacity for disaster risk response, to soften budget shocks, and to bolster long-term fiscal stability and resilience. The paper highlights the inadequacy of public finance instruments—such as fiscal reserves, contingent credit arrangements, and traditional indemnity insurance—to manage the contingent liabilities that disasters represent. It also discusses the effects of disasters on economies, societies, and global supply chains, particularly in the context of climate change.
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Merten, Martina, Susann Roth, and Fazilah Shaik Allaudin. Public Health Innovations for COVID-19: Finding, Trusting, and Scaling Innovation. Asian Development Bank, October 2020. http://dx.doi.org/10.22617/wps200283-2.
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The public and private sector, civil society, and academic institutions have developed many innovative solutions to manage public health aspects of the coronavirus disease (COVID-19) pandemic. Innovators have focused on tools for surveillance, supply chain management, clinical trials, diagnosis, communication, and developing vaccines. These have been supplemented by research collaboration platforms, isolation and hospital upgrading novelties, as well as risk stratification resources. This paper provides an overview of these solutions to enhance the evidence-based application of innovative public health approaches. The author’s also propose that a “living platform” for sharing public health innovations is developed.
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Gelinske, Meagan, Dan Blake, Heather Lesnik, Aaron Mack, Greg Stromberg, Lili Belcastro, Andrew Schaefer, Basak Clements, Sarah Currie, and Helen Hay. BioPhorum raw materials: cell and gene therapy critical starting material – further discussion on plasmids to establish release specifications using a risk-based approach to manage supply. BioPhorum, June 2022. http://dx.doi.org/10.46220/2022cgt001.
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Dudoit, Alain, Molivann Panot, and Thierry Warin. Towards a multi-stakeholder Intermodal Trade-Transportation Data-Sharing and Knowledge Exchange Network. CIRANO, December 2021. http://dx.doi.org/10.54932/mvne7282.
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The performance of supply chains used to be mainly the concern of academics and professionals who studied the potential efficiencies and risks associated with this aspect of globalisation. In 2021, major disruptions in this critical sector of our economies are making headlines and attracting the attention of policy makers around the world. Supply chain bottlenecks create shortages, fuel inflation, and undermine economic recovery. This report provides a transversal and multidisciplinary analysis of the challenges and opportunities regarding data interoperability and data sharing as they relate to the ‘Great Lakes - St. Lawrence Seaway Trade Corridor’ (GLSLTC)’s intermodal transportation and trade data strategy. The size and scope of this trade corridor are only matched by the complexity of its multimodal freight transportation systems and growing urbanization on both sides of the Canada-US border. This complexity is exacerbated by the lack of data interoperability and effective collaborations between the different stakeholders within the various jurisdictions and amongst them. Our analytical work relies on : 1) A review of the relevant documentation on the latest challenges to supply chains (SC), intermodal freight transport and international trade, identifying any databases that are to be used.; 2) A comparative review of selected relevant initiatives to give insights into the best practices in digital supply chains implemented in Canada, the United States, and the European Union.; 3) Interviews and discussions with experts from Transport Canada, Statistics Canada, the Canadian Centre on Transportation Data (CCTD) and Global Affairs Canada, as well as with CIRANO’s research community and four partner institutions to identify databases and data that they use in their research related to transportation and trade relevant data availabilities and methodologies as well as joint research opportunities. Its main findings can be summarized as follow: GLSLTC is characterized by its critical scale, complexity, and strategic impact as North America’s most vital trade corridor in the foreseeable further intensification of continental trade. 4% of Canadian GDP is attributed to the Transportation and Logistics sector (2018): $1 trillion of goods moved every year: Goods and services imports are equivalent to 33% of Canada’s GDP and goods and services exports equivalent to 32%. The transportation sector is a key contributor to the achievement of net-zero emissions commitment by 2050. All sectors of the Canadian economy are affected by global supply chain disruptions. Uncertainty and threats extend well beyond the COVID-19 Pandemic. “De-globalization” and increasing supply chains regionalization pressures are mounting. Innovation and thus economic performance—increasingly hinges on the quantity and quality of data. Data is transforming Canada’s economy/society and is now at the center of global trade “Transport data is becoming less available: Canada needs to make data a priority for a national transportation strategy.” * “How the Government of Canada collects, manages, and governs data—and how it accesses and shares data with other governments, sectors, and Canadians—must change.”
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Millington, Kerry A. Protecting and Promoting Systems for Essential Health Services During Rollout of COVID-19 Tools. Institute of Development Studies (IDS), May 2021. http://dx.doi.org/10.19088/k4d.2021.084.
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The COVID-19 pandemic has had a tremendous negative impact on economies of most countries around the world. COVID-19 has disrupted the ability of health systems to deliver on essential health services and has also exposed pre-existing vulnerabilities and inequities in public health systems. According to a key informant survey conducted by WHO, over one year into the COVID-19 pandemic, there still exist substantial disruptions to essential health services. This rapid review examines evidence on successful interventions that could enable adaptive approaches to help manage and respond future pandemics and mitigate the risk of collapse of the public health systems. Countries must use the opportunity provided by the deployment of COVID-19 vaccines to strengthen health services and health systems and find long-lasting solutions for similar future challenges. The review notes that there still exist gaps in preparedness and response to the Covid-19 pandemic. New variants of concern threaten the effectiveness of existing COVID-19 vaccines, vaccine hesitancy slowing rollout, including in Africa, and interrupted and limited supply of COVID-19 tools. More funding is required though to scale up adaptive measures which are working, accelerating new approaches and innovations to improve service delivery. This review also highlights briefly the plight of marginalised social groups, people living with disabilities, women and children during the pandemic. According to estimates by Global Fund, Gavi, Global Financing Facility, access to life-saving health interventions for women, children and adolescents in 36 of the world’s poorest countries has dropped by as much as 25% due to COVID-19. Countries must build on the momentum of health innovations during the COVID-19 crisis to build more resilient health systems that can withstand disruptions by future pandemics.