Integrated modeling to enhance resilience in sustainable supply chains

The success of organizations operating in complex environments depends on how well its supply chain could adapt to disruptions caused by unanticipated events. Building this resilience requires the capability to identify risks and uncertainties and modeling the impact of them on operations. Both of t...

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Bibliographic Details
Main Authors: Badurdeen, F, Wijekoon, K, Shuaib, M, Goldsby, T J, Iyengar, D, Jawahir, I S
Format: Conference Proceeding
Language:English
Subjects:
Bayesian methods
Companies
Driver circuits
Economics
Manufacturing
Measurement
Supply chains
Online Access:Request full text
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Summary:The success of organizations operating in complex environments depends on how well its supply chain could adapt to disruptions caused by unanticipated events. Building this resilience requires the capability to identify risks and uncertainties and modeling the impact of them on operations. Both of these have proven to be very difficult to do effectively. With the emerging interest in promoting sustainability companies are now forced to not only consider factors that affect economic performance but also those relating to environmental and societal responsibilities. Thus, increasing resilience in sustainable supply chains (SSCs) calls for a more holistic approach to address risk; it is necessary to consider the risks originating within and outside the company and those affecting all supply chain partners; also, the risks due to and impacting all stakeholder groups must be incorporated. This paper presents a comprehensive review of risks in SSCs and a potential approach to model their impact.
ISSN:2161-8070
2161-8089
DOI:10.1109/COASE.2010.5584459