• Title/Summary/Keyword: Supply chain risk

Search Result 144, Processing Time 0.044 seconds

Optimization of collaborative risk management in supply chain management (공급사슬경영에서의 협업적 리스크 관리의 최적화)

  • Jeong Jang Hwa;Lee Yeong Hae;Jeong Jeong U
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2002.05a
    • /
    • pp.456-463
    • /
    • 2002
  • Nowadays. risk management in the enterprise is considered as the important activity. Risk management ran be defined as the activity which is the analysis of risk factors related to damages, the estimation of the magnitude of risk, and the determination of investment to protect damage in a company. Initially, risk management was originated in financial areas. But the concept of risk has been expanded in the enterprise. Most companies have extended their activities in various areas. In this tendency, most activities must be considered in supply chain So, risk management must be ronsidered as the concept in the viewpoint of supply chain. The framework of risk management in supply chain and the related mathematical model are represented in this paper. Risk management in supply chain ran provide a positive opportunity not only to protect various damages, but also to improve the relationship between partners.

  • PDF

A Study on Perception of Risk Factor in Supply Chain - Focus on Distribution Center - (공급사슬에서 존재하는 위험(Risk)요소의 인지에 관한 연구 - 물류센터를 중심으로 -)

  • Shin, Chang-Hoon;Jeoung, Dong-Hun;Choi, Min-Seung
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
    • /
    • 2005.10a
    • /
    • pp.269-274
    • /
    • 2005
  • This study gathered the factor of supply chain risk through literature review, and measured the importance of risk factors which have been recognized by domestic companies. This study has purposes and necessities as follows. First, supply risk factors were classified and explored through positive studies about supply chain risk. Most of previous studies helps grasping the meaning of supply chain risk but limited in conceptual side. Second, this study used AHP(Analytic Hierarchy Process) method which makes decision-making problem classified, simplicated and systematized to evaluate the importance of supply-chain risk recognized by the companies. Finally, this study suggests registration-point in companies's efficient supply activity would be great by measuring the importance of supply-chain through AHP(Analytic Hierarchy Process).

  • PDF

A novel approach for analyzing the nuclear supply chain cyber-attack surface

  • Eggers, Shannon
    • Nuclear Engineering and Technology
    • /
    • v.53 no.3
    • /
    • pp.879-887
    • /
    • 2021
  • The nuclear supply chain attack surface is a large, complex network of interconnected stakeholders and activities. The global economy has widened and deepened the supply chain, resulting in larger numbers of geographically dispersed locations and increased difficulty ensuring the authenticity and security of critical digital assets. Although the nuclear industry has made significant strides in securing facilities from cyber-attacks, the supply chain remains vulnerable. This paper discusses supply chain threats and vulnerabilities that are often overlooked in nuclear cyber supply chain risk analysis. A novel supply chain cyber-attack surface diagram is provided to assist with enumeration of risks and to examine the complex issues surrounding the requirements for securing hardware, firmware, software, and system information throughout the entire supply chain lifecycle. This supply chain cyber-attack surface diagram provides a dashboard that security practitioners and researchers can use to identify gaps in current cyber supply chain practices and develop new risk-informed, cyber supply chain tools and processes.

Mean-Variance Analysis for Optimal Operation and Supply Chain Coordination in a Green Supply Chain

  • Yamaguchi, Shin;Goto, Hirofumi;Kusukawa, Etsuko
    • Industrial Engineering and Management Systems
    • /
    • v.16 no.1
    • /
    • pp.22-43
    • /
    • 2017
  • It is urgently-needed to construct a green supply chain (GSC) from collection of used products through recycling of them to sales of products using the recycled parts. Besides, it is necessary to consider the uncertainty in product demand as a risk in a GSC. This study proposes the optimal operations for a GSC with a retailer and a manufacturer. A retailer pays an incentive for collection of used products from customers and sells a single type of products in a market. A manufacturer produces the products ordered by the retailer, using recyclable parts with acceptable quality and compensates the collection cost of used products as to the recycled parts. This paper discusses the following risk attitudes: risk-neutral attitude, risk-averse attitude, and risk-prone attitude. Using mean-variance analysis, the optimal decisions for product order quantity, collection incentive, and lower limit of quality level, in the decentralized GSC (DGSC) and the integrated GSC (IGSC) are made. DGSC optimizes the utility function of each member. IGSC does that of the whole system. The analysis numerically investigates how (i) risk attitude and (ii) quality of recyclable parts affect the optimal operations. Supply chain coordination between GSC members to shift IGSC from DGSC is discussed.

An Exploratory Study on Risk Factor in Supply Chain (공급사슬상의 리스크 요인에 관한 탐색적 연구)

  • Shin Chang-Hoon;Jeaung Dong-Hun;Choi Min-Seung
    • Journal of Navigation and Port Research
    • /
    • v.30 no.1 s.107
    • /
    • pp.67-71
    • /
    • 2006
  • This study gathered the factors of supply chain risk through literature review, and measured the importance of risk factors recognized by domestic companies. The purpose and necessity of this study are as follows. First, supply risk factors were classified and explored through empirical studies about supply chain risk. Most of the previous studies concentrated on the meaning of supply chain risk, but only in terms of concept approach Second, to evaluate the importance of supply-chain risk recognized by the companies, AHP(Analytic Hierarchy Process} method was proposed in this paper. Finally, this study suggests implications for companies' efficient supply activity by measuring the importance of supply-chain through AHP(Analytic Hierarchy Process).

Evaluation of Supply Chain Performance Affected by Waste Level and External Risk (낭비수준과 외부위험에 영향을 받는 공급망 성과 평가)

  • Choi, Jong-Mun;Kim, Chae-Bogk
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
    • /
    • v.6 no.6
    • /
    • pp.395-402
    • /
    • 2016
  • Recently, firms confront to rapid environmental changes due to scientific development and demand change. Firms are trying to improve supply chain capability to react these environmental changes. Being in these improvement processes, it is important to collaborate with other partners in the supply chain. Firms have tried to outsource their in-house activity to other partners and have eliminated wasteful factors in their process and the supply chain is getting leaner. This study investigates the effect of waste factor degree on supply chain performance under external risks. Test results in this paper show that waste level has negative relationship with supply chain performance. The effect of waste level on the supply chain performance is influenced by external risk. As waste level increases, risk has moderating effect between waste level and supply chain performance. That means it is important to focus on utilization, productivity or integration properly for managing the external risk in order to improve the supply chain performance.

Impact of Supply Chain Innovation and Risk Management Capabilities on Competitive Advantage at Steel Trading Companies in Vietnam

  • It Van NGUYEN
    • Journal of Distribution Science
    • /
    • v.21 no.5
    • /
    • pp.43-51
    • /
    • 2023
  • Purpose: The current research investigates the beneficial impacts of supply chain innovation and risk management on the competitive advantage of organizations, based on the resource-based theory (RBT) framework. Research Design, Data, and Methodology: 14 survey items were included in the study's questionnaire, utilizing a random sampling technique to gather data from 239 leaders and managers employed by various steel trading firms in Vietnam. In order to validate the data and examine relationships, the collected data is analyzed using structural equation modeling, confirmatory factor analysis, and reliability analysis via SPSS 22.0 and AMOS 22.0 software. A fictitious system has been suggested. Results: According to the findings, the most positive influence on competitive advantage is supply chain innovation, followed by risk management capability, having the second greatest positive influence. Conclusions: Some conclusions are drawn based on the research's findings in order to assist managers in realizing the significance and necessity of giving attention to supply chain innovation and improving risk management capabilities, both of which are essential components for achieving the competitive advantage of an organization.

Effect of Supply Chain Risk Management Factors on Risk Management Strategy and Corporate Performance (공급사슬관리 리스크 요인이 위험관리전략과 기업성과에 미치는 영향)

  • Lee, Choong-Bae;Kim, Hyun-Chung
    • Journal of Korea Port Economic Association
    • /
    • v.36 no.3
    • /
    • pp.55-74
    • /
    • 2020
  • With globalization and the development of information and communication technology, the supply chain is becoming more widespread and complex, which increases the occurrence and damage caused by supply chain risks. Supply chain risk management has a great impact on corporate performance through the analysis of risk factors and proactive and strategic approaches. This study aims to analyze the effects of supply chain risk factors on risk management strategies and corporate performance empirically. In the research model for empirical analysis, supply chain risk factors were classified into supply, demand, operation, network, and external environment, while the risk management strategies were divided into active and passive strategies, as well as financial and operational performance for corporate performance. The data obtained via the questionnaire were analyzed for the path of the structural equation model. As a result of the analysis, companies are actively pursuing risk management for internal risk factors, rather than external factors, in terms of internal and external risk factors, and it was found that these strategies have a significant effect on corporate performance. Therefore, in the future, companies should conduct risk management strategies more proactively and preemptively through a thorough analysis of various risk factors affecting business operations.

A Study on Supply Chain Risk Management of Automotive (자동차 공급망 위험관리(A-SCRM) 방안 연구)

  • Kim, Dong-won;Han, Keun-hee;Jeon, In-seok;Choi, Jin-yung
    • Journal of the Korea Institute of Information Security & Cryptology
    • /
    • v.25 no.4
    • /
    • pp.793-805
    • /
    • 2015
  • Due to the rise of automotive security problems following automotive safety and the progress of the internet technology leading to a hyper-connected society, guaranteeing the safety of automotive requires security plans in the supply chain assurance and automotive software, and risk management plans for identifying, evaluating, and controlling the risks that may occur from the supply chain since the modern automotive is a Safety Critical system. In this paper, we propose a study on Automotive Supply Chain Risk Management (A-SCRM) procedures by person interested within the automotive Life-Cycle.

An Approximate Order Risk Evaluation Method for the General Multi- Echelon Distribution Supply Chain (다계층 분배형 공급사슬에서 주문리스크의 근사적 계산방법과 비용개선효과)

  • Seo, Yong-Won
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2004.05a
    • /
    • pp.636-647
    • /
    • 2004
  • The objective of this paper is to provide an improved reorder decision policy for general multi-echelon distribution systems utilizing the shared stock information. It has been known that traditional reorder policies sometimes show poor performance in distribution systems. Thus, in our previous research we introduced the order risk policy which utilizes the shared stock information more accurately for the 2-echelon distribution system and proved the optimality. However, since the real world supply chain is generally composed with more than 2 echelons, we extend the order risk policy for the general multi-echelon systems. Since the calculation of the exact order risk value for general multi-echelon systems is very complex, we provide two approximation methods for the real-time calculation. Through the computational experiment comparing the order risk policy with the existing policies under various conditions, we show the performance of the order risk policy and analyze the value of the shared stock information varying with the characteristics of the supply chain.

  • PDF