Assessing the vulnerability of supply chains using graph theory
In today's business environment, harsher and more frequent natural and man-made disasters make supply chains more vulnerable. Supply chain disruptions now seem to occur more frequently and with more serious consequences. During and after supply chain disruptions, companies may lose revenue and...
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Veröffentlicht in: | International journal of production economics 2010-07, Vol.126 (1), p.121-129 |
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container_title | International journal of production economics |
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creator | Wagner, Stephan M. Neshat, Nikrouz |
description | In today's business environment, harsher and more frequent natural and man-made disasters make supply chains more vulnerable. Supply chain disruptions now seem to occur more frequently and with more serious consequences. During and after supply chain disruptions, companies may lose revenue and incur high recovery costs. If supply chain managers were more capable of measuring and managing supply chain vulnerability, they could reduce the number of disruptions and their impact. In this research we developed an approach based on graph theory to quantify and hence mitigate supply chain vulnerability. Quantification of supply chain vulnerability aids managers in assessing the vulnerability of their supply chains (e.g., across and between supply chains, or over time) and in comparing the effectiveness of different risk mitigation strategies. |
doi_str_mv | 10.1016/j.ijpe.2009.10.007 |
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Quantification of supply chain vulnerability aids managers in assessing the vulnerability of their supply chains (e.g., across and between supply chains, or over time) and in comparing the effectiveness of different risk mitigation strategies.</description><identifier>ISSN: 0925-5273</identifier><identifier>EISSN: 1873-7579</identifier><identifier>DOI: 10.1016/j.ijpe.2009.10.007</identifier><identifier>CODEN: IJPCEY</identifier><language>eng</language><publisher>Amsterdam: Elsevier B.V</publisher><subject>Aids ; Business ; Comparative analysis ; Disasters ; Disruption ; Economics ; Graph theory ; Large-scale survey ; Measurement ; Risk assessment ; Risk management ; Strategy ; Studies ; Supply chain management ; Supply chain management Risk management Vulnerability Graph theory Measurement Large-scale survey ; Supply chains ; Vulnerability</subject><ispartof>International journal of production economics, 2010-07, Vol.126 (1), p.121-129</ispartof><rights>2009 Elsevier B.V.</rights><rights>Copyright Elsevier Sequoia S.A. 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subjects | Aids Business Comparative analysis Disasters Disruption Economics Graph theory Large-scale survey Measurement Risk assessment Risk management Strategy Studies Supply chain management Supply chain management Risk management Vulnerability Graph theory Measurement Large-scale survey Supply chains Vulnerability |
title | Assessing the vulnerability of supply chains using graph theory |
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