Increasing supply chain resilience in a global sourcing context

Managing risk has emerged as an issue of critical importance for today's globalised supply chains. This article focuses on inbound supply risk in a global sourcing context, where increased distances between sources of supply and final markets add uncertainty to supply continuity through longer...

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Bibliographic Details
Published in:Production planning & control 2010-10, Vol.21 (7), p.680-694
Main Authors: Colicchia, Claudia, Dallari, Fabrizio, Melacini, Marco
Format: Article
Language:English
Subjects:
Continuity
global sourcing
Globalization
inbound supply risk analysis
international transportation
Markets
Production planning
Resilience
Risk
Risk management
Simulation
Sourcing
Studies
supply chain risk management
Supply chains
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Summary:Managing risk has emerged as an issue of critical importance for today's globalised supply chains. This article focuses on inbound supply risk in a global sourcing context, where increased distances between sources of supply and final markets add uncertainty to supply continuity through longer and more variable lead times. After an in-depth analysis of international supply process vulnerability, this article identifies a set of approaches for managing risk in order to enhance supply chain resilience. Then, a simulation-based framework for assessing the effectiveness of the proposed approaches was developed and applied on a real case.
ISSN:0953-7287
1366-5871
DOI:10.1080/09537280903551969