Research in supply chain risk: Historical roots and future perspectives

Risk has always existed in business and networks—well before the terms supply chain and supply chain management became part of our lexicon. However, our understanding of supply chain risk only started to coalesce approximately twenty years ago. The purpose of this chapter is to highlight how "Revisiting Supply Chain Risk" serves as a bridge between our current knowledge of supply chain risk to where we believe the discipline will evolve

Enhancing EPC supply chain competitiveness through procurement risk management

This article is intended to provide a risk-based procurement management model. The Procurement Risk Cube (PRC) model originates a systematic approach in the identification of the case-specific risks, their sources, the activities on which they impact and the risk owners. The hierarchical breakdown structure helps data aggregation by simply summing the values of exposure by owner / activity / source, so that establishing a correct intervention priority plan to mitigate downside risks, or to exploit upside risks, becomes easier and more effective. A deep insight into case-specific procurement-related risks is provided by the PRC, which is necessary to improve the understanding of the risks in the supply chain (SC) in order to achieve benefit for the whole SC

Requirements Gathering and Validation for Risk-Oriented Tool Support in Supply Chains

Managing risks in supply chains is challenging for most companies, given that the globalisation process is strengthening production constraints and also introducing more procurements risks. This is even more difficult for smaller companies because of their lack of resources to develop specific expertise or buy expensive tools. In order to be successful, a project aiming at improving the state of practice in this area must address two key activities: gaining a good knowledge of the actual needs and validating the results. This paper reports about the process followed for supporting those activities using an agile approach. It relies on an initial survey conducted in companies, mostly from the manufacturing domain in Belgium and Germany together with the deeper involvement of 10 companies which provided concrete requirements directly linked with validation cases. We present the main outcome of the requirements gathering process, especially the survey analysis, as well as the lessons learned about our iterative validation process