Petri nets-based method for operational risk analysis in supply chains based on timeliness and recovery time

Recently, supply chain risk management has been attracting growing attention. Therefore, various methods, tools, and practices have been developed in this area. However, they usually are focused on the direct consequences of disruptions occurring in supply chains. Thus, the purpose of this article i...

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Bibliographic Details
Published in:Proceedings of the Institution of Mechanical Engineers. Part O, Journal of risk and reliability Journal of risk and reliability, 2024-06, Vol.238 (3), p.523-539
Main Authors: Skorupski, Jacek, Tubis, Agnieszka A., Werbińska-Wojciechowska, Sylwia, Wróblewski, Adam
Format: Article
Language:English
Subjects:
Automobile industry
Flow mapping
Petri nets
Recovery time
Risk analysis
Risk assessment
Risk management
Supply chains
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Summary:Recently, supply chain risk management has been attracting growing attention. Therefore, various methods, tools, and practices have been developed in this area. However, they usually are focused on the direct consequences of disruptions occurring in supply chains. Thus, the purpose of this article is to present an operational risk analysis method for supply chains, in which consequences of an adverse event occurrence are assessed based on two measures: (1) the direct consequences (disruption) of supply processes to customers, and (2) recovery time for a supply system. Based on research findings, we introduced a Petri nets model for mapping material flows along a supply chain. We implement the proposed analysis method in a selected company from the automotive industry. The performed final discussion confirmed the relevance of distinguishing the direct and indirect consequences of the risk assessment. It was also suggested that the results’ interpretation could be two-fold, which may be necessary for appropriate risk management tool selection.
ISSN:1748-006X
1748-0078
DOI:10.1177/1748006X231168957