SCRM Blog - Supply Chain Risk Management

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143 posts · 107,847 views

I am blogging about current research in Supply Chain Risk Management. Risk Management in Supply Chains is getting more important due to globalization and shorter product life cycles. The goal of my blog is to summarize and analyze current literature of Supply Chain Management at the associated Risks.

Daniel Dumke
143 posts

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  • November 29, 2010
  • 09:48 AM
  • 1,011 views

Level of Detail in a Simulation Model

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


After the last more general entries on managers perception of risk and measuring SC performance I wanted to make a detour back to the basics.
Simulation is one of the tools, which can be used for analyzing supply chain dynamics, optimization and to support corporate decision making.
One major question when starting a supply chain model has always been what level of detail should you choose? Someone could start with a single worker in an agent based simulation model and continue with the mac........ Read more »

  • November 24, 2010
  • 11:49 AM
  • 1,012 views

Supply Chain Risk Management Dissertations (Supply Chain Design: Capacity, Flexibility and Wholesale Price Strategies)

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


This is the forth contribution to my series on doctoral dissertations on Supply Chain Risk Management. An immense effort and dedication is spent on these works only to find the results hidden in the libraries. So the goal is raise interest in the research of my peers.

Author / Topic
This dissertation was written by Brian Tomlin in 1999 as his doctoral thesis at the Massachusetts Institute of Technology, Cambridge, USA. It can be downloaded here at his homepage at his current employer (Tuck........ Read more »

Brian T. Tomlin. (2000) Supply Chain Design: Capacity, Flexibility and Wholesale Price Strategies. Massachusetts Institute of Technology, Dissertation. info:/

  • November 22, 2010
  • 07:47 AM
  • 828 views

Measuring Supply Chain Performance

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


Last week I conducted another Interview for the empirical part of my research. And we also discussed how to measure performance within the SC. As it turns out, multiple measures, namely service, cost, working capital are used. Sadly in literature many authors still focus on a single measure only and I wanted to know more about it. So I read an article by B. Beamon (Measuring Supply Chain Performance) to get an overview over performance measures used and how to select the right one(s).

Hist........ Read more »

Beamon, B. (1999) Measuring supply chain performance. International Journal of Operations , 19(3), 275-292. DOI: 10.1108/01443579910249714  

  • November 17, 2010
  • 07:32 AM
  • 901 views

Managing Information Risks

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


At the moment I am looking for gaps in my reading up to now and I found that I have not read much about information risks. It also seems that those risks are not (yet?) in focus, neither in research nor business. So I was happy to find "Information risks management in supply chains: an assessment and mitigation framework" by Faisal, Banwet and Shankar.

Topic / Methodology
The purpose of the paper is to provide a framework for the management of information risks, and to device a way to meas........ Read more »

  • November 12, 2010
  • 06:37 AM
  • 515 views

Risk from the Managers Perspective (Part 2)

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


Today I will write about the implications of the risk understanding by managers covered in Part 1 of this series. Continue reading "Risk from the Managers Perspective (Part 2)"
... Read more »

March, J., & Shapira, Z. (1987) Managerial Perspectives on Risk and Risk Taking. Management Science, 33(11), 1404-1418. DOI: 10.1287/mnsc.33.11.1404  

  • November 10, 2010
  • 03:43 AM
  • 730 views

Risk from the Managers Perspective (Part 1)

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


Today I finally read one of the most cited articles on subjective risk in general. In 1987 March and Shapira set out to shake up the existing theories on the perception and processing of risks by managers. Accordingly, they aggregated the information from various surveys on this topic.

The article is called "Managerial Perspectives on Risk and Risk Taking" and it can be downloaded here as PDF and I really recommend reading it.
In the first part I will analyze major empirical findings on ho........ Read more »

March, J., & Shapira, Z. (1987) Managerial Perspectives on Risk and Risk Taking. Management Science, 33(11), 1404-1418. DOI: 10.1287/mnsc.33.11.1404  

  • November 3, 2010
  • 05:55 AM
  • 934 views

Organizational Risk Perception and Reduction

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


Today I read a rather old article from 1995 about "Organizational Risk Perception and Reduction: A Literature Review" by Vincent-Wayne Mitchell, now at the Cass Business School in London. I present it here since I think most of the concepts and strategies are still valid.

Objective and Methodology
The objective of Mitchell was to show the status of current research on how risks are perceived in organizational buyer behavior and what can be done to reduce these risk. He therefore conducts ........ Read more »

  • October 27, 2010
  • 12:17 PM
  • 868 views

The Supply Chain Uncertainty Circle

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


How to shrink the "Uncertainty Circle" is the topic of a paper I read today. It has been written by Rachel Mason-Jones and Denis R. Towill and can be downloaded here free of charge.

This article from 1998 focusses on how to shrink the uncertainty within a supply chain and therefore improve performance, since we believe that those companies which cope best with
uncertainty, are most likely to produce internationally
competitive bottom-line performance.
This hypothesis is also backed by seve........ Read more »

Mason-Jones, Rachel, & Towill, Denis R. (1998) Shrinking the Supply Chain Uncertainty Circle. IOM Control, 24(7), 17-22. info:/

  • October 25, 2010
  • 06:23 AM
  • 948 views

Supply Chain Crisis Management

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


Supply Chain Risk Management is one way to look at risks within a company (and beyond). But there are broader and more narrow disciplines as well, with Business Continuity on the one end and Supply Chain Crisis Management on the other.

I wanted to get an overview of current research on Supply Chain Crisis Management first, so today I explore "Managing supply chains in times of crisis: a review of literature and insights" by Natarajarathinam, Capar and Narayanan. The article is focussed on ........ Read more »

Natarajarathinam, M., Capar, I., & Narayanan, A. (2009) Managing supply chains in times of crisis: a review of literature and insights. International Journal of Physical Distribution , 39(7), 535-573. DOI: 10.1108/09600030910996251  

  • October 21, 2010
  • 05:42 AM
  • 1,076 views

Supplier Selection in a Turbulent World

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


At the moment I am focussing more on the interviews I am conducting for my research, so I am not reading as much anymore. I therefore try to select articles which are both useful for my research and my blog.

Today I read an article with the fuzzy title "Supply chain risk in turbulent environments — A conceptual model for managing supply chain network risk" by Peter Trkman and Kevin McCormack.

The authors present a framework for the identification and prediction of supply risk.
Conceptua........ Read more »

  • October 19, 2010
  • 04:39 AM
  • 842 views

The Impact of Supply Chain Strategy on Shareholder Value

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


I had this article marked for some time now and I finally got to read it. It describes the connection between Shareholder Value and the concept of Value Based Management (VBM) and Supply Chain Strategy.
Continue reading "The Impact of Supply Chain Strategy on Shareholder Value"
... Read more »

Christopher, M., & Ryals, L. (1999) Supply Chain Strategy: Its Impact on Shareholder Value. The International Journal of Logistics Management, 10(1), 1-10. DOI: 10.1108/09574099910805897  

  • October 13, 2010
  • 09:28 AM
  • 723 views

Supply Chain Risk Management Dissertations (No. 3)

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


This is the third contribution to my series on doctoral dissertations on Supply Chain Risk Management. An immense effort and dedication is spent on these works only to find the results hidden in the libraries. So the goal is raise interest in the research of my peers.

Author / Topic
This dissertation was written by Stephanie Freiwald in 2005 as her doctoral thesis at the University of Bochum. It was published by Peter Lang, Frankfurt a.M. and can be ordered here from amazon.de or your loca........ Read more »

Stephanie Freiwald. (2005) Supply Chain Design - Robuste Planung mit differenzierter Auswahl der Zulieferer. Peter Lang, Frankfurt a.M., Dissertation. info:/

  • October 13, 2010
  • 09:28 AM
  • 635 views

Supply Chain Risk Management Dissertations (Supply Chain Design - Robust Planning with differentiated Supplier Selection)

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


This is the third contribution to my series on doctoral dissertations on Supply Chain Risk Management. An immense effort and dedication is spent on these works only to find the results hidden in the libraries. So the goal is raise interest in the research of my peers.

Author / Topic
This dissertation was written by Stephanie Freiwald in 2005 as her doctoral thesis at the University of Bochum. It was published by Peter Lang, Frankfurt a.M. and can be ordered here from amazon.de or your loca........ Read more »

Stephanie Freiwald. (2005) Supply Chain Design - Robuste Planung mit differenzierter Auswahl der Zulieferer. Peter Lang, Frankfurt a.M., Dissertation. info:/

  • October 11, 2010
  • 04:27 AM
  • 856 views

Supply Chain Integration as major Value Driver

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


"Arcs of integration" is a concept developed by Frohlich and Westrook (2001) which describes the degree of integration of suppliers and customers within a Supply Chain.Arcs of Supply Chain Integration (Frohlich and Westrook, 2001)

Methodology
This concept was developed within the scope of an international study on supply chain strategies. In this survey the authors used the mail survey research method to collect over responses form over 700 companies from all over the world (Asia/Pacific: ........ Read more »

  • September 22, 2010
  • 09:06 AM
  • 889 views

Simulation of Supply Chain Disruptions

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


Still too many cooperations do not analyze their supply networks using consistent and scientifically proven methods. Some already do. One case of a company (ABC) is described below.

Goals and Methods
ABC company wanted to know more about their exposure to supply chain disruptions originating from their own plants but also the connected transportation links, suppliers and customers. Specifically, the goals were:Assess the current level of supply chain disruption risk in the systemTest diffe........ Read more »

Schmitt, Amanda J., & Singh Mahender. (2009) Quantifying Supply Chain Disruption Risk Using Monte Carlo and Discrete-Event Simulation. Proceedings of the 2009 Winter Simulation Conference, 1237-1248. info:/

  • September 14, 2010
  • 07:36 PM
  • 805 views

Supply Chain Risk Management Dissertations (Process oriented Risk Management of Product Risks)

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


This is the second contribution to my series on doctoral dissertations on Supply Chain Risk Management. An immense effort and dedication is spent on these works only to find the results hidden in the libraries. So the goal is raise interest in their research.

Author / Topic
This dissertation was written by Jörn Dahmen 2009 as his doctoral thesis at the RWTH, Aachen (one of the most renowned Technical Universities in Germany). It was published by Shaker, Aachen and can be ordered here from........ Read more »

Dahmen, Jörn. (2002) Prozeßorientiertes Risikomanagement zur Handhabung von Produktrisiken. Shaker, Aachen, Dissertation. info:/

  • September 12, 2010
  • 07:25 PM
  • 1,002 views

Foundation for a Responsive Supply Chain

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


In the following I summarize the major points of the article "Responsive supply chain: A competitive strategy in a networked economy" by Gunasekaran, Lai and Cheng (2008).

Responsive Supply Chain (RSC)
The authors define a RSC to contain both aspects of Agile Manufacturing and Supply Chain Management. They argue, that both complement each other in the objective to improve organizational competitiveness.

The concept of SCM, Agile manufacturing and RSC can be compared as follows:
Comparison........ Read more »

  • September 5, 2010
  • 09:19 PM
  • 900 views

Theory about Social Structures

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


Today I would like to introduce a theory developed by Giddens in 1988 about social structures and how it can be used to analyze theories in Supply Chain Management.
Continue reading "Theory about Social Structures"
... Read more »

Pfohl, Hans-Christian, Elbert, Ralf, & Gallus, Philipp. (2007) Implementierung interorganisationaler Managementinstrumente in logistischen Netzwerken: Strukturationstheoretische Analyse der Besonderheiten bei der Implementierung der CargoScoreCard im Kombinierten Verkehr. Logistikmanagement: Analyse, Bewertung und Gestaltung logistischer Systeme, 231-262. info:/

  • September 1, 2010
  • 02:05 AM
  • 910 views

Segmenting Supply Chain Strategies

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


For researchers and practitioners alike it is important to differentiate supply chain strategies.

Introduction
Not only Fisher (1997) showed, that there is no one-fits-all supply chain. But what are the criteria for should be used for supply chain segmentation?
Fisher focusses on on the product only, and he concludes, that a standard/functional product should be processed by a lean supply chain and innovative products by agile supply chains.
Continue reading "Segmenting Supply Chain Strat........ Read more »

Fischer, Marshall L. (1997) What is the Right Supply Chain for Your Product?. Harvard Business Review, 105-116. info:/

  • August 30, 2010
  • 02:37 AM
  • 883 views

Supply Chain Risk Management Dissertations (No. 1)

by Daniel Dumke in SCRM Blog - Supply Chain Risk Management


Today I start an irregular series on doctoral dissertations on Supply Chain Risk Management. An immense effort and dedication is spent on these works only to find the results hidden in libraries. So the goal is raise interest in their research.

Author / Topic
The first dissertation was written by Ingo Schneider in 2009 as his doctoral thesis at the Helmut Schmidt University in Hamburg, Germany. It was published by Shaker, Aachen and can be ordered here from amazon.de or your local library......... Read more »

Schneider, Ingo. (2009) Die Risikobetrachtung in der Beschaffung als strategische Komponente im Supply-Chain-Design : eine Analyse am Beispiel Karosserieblechteile in der Automobilindustrie. Shaker, Aachen. info:/

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