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Similar to culture oversight, boards are increasingly monitoring company technology activities, from cyber risk to disruption risk to digital transformation.
Ang, E., Iancu, D. A. & Swinney, R. Disruption risk and optimal sourcing in multi-tier supply networks.
We propose a model for the quantification of business disruption risk in a global supply chain network.
In a nutshell: Multisourcing is a great way to mitigate a firm's disruption risk — unless everybody else is doing the same thing.
In such a situation, it is conceivable that failure to even consider the potential for business disruption risk would be perceived as bad faith.
It can help quantify the relationships between ELV management system profit and disruption risk of the vehicle recycling factories, and thus provide optimal ELV allocation schemes.
Similar(38)
Tomlin, B. On the value of mitigation and contingency strategies for managing supply chain disruption risks.
We model the dynamics of disruptions as Markov chains, and consider a multiproduct, multisupplier supply chain under dynamic disruption risks.
Numerical results demonstrate that designing retail chains without considering operational and disruption risks is really misleading.
Designing robust and resilient retail networks under operational and disruption risks can create substantial competitive advantage.
This paper proposes a novel decision-making framework to design a resilient hub network under operational and disruption risks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com