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Proactive logistics risk management – a system dynamics modelling approach

Proactive logistics risk management – a system dynamics modelling approach The relationships among organisations, suppliers as well as customers have resulted in complex logistics networks and have led to an increased set of risks that need to be managed in multi-site, multi-partner projects. In this article, a framework is built which incorporates both scientific and industrial feedback gathered. A system dynamics approach is utilised which simulates several risks identified in supply chain networks to establish inter and intra-relationships between various risk factors in the entire enhanced network of engineering projects. The environmental, organisational and supply chain networks related issues are considered by developing several influence diagrams for proactive logistics management. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Risk Assessment and Management Inderscience Publishers

Proactive logistics risk management – a system dynamics modelling approach

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References (20)

Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1466-8297
eISSN
1741-5241
DOI
10.1504/IJRAM.2008.021375
Publisher site
See Article on Publisher Site

Abstract

The relationships among organisations, suppliers as well as customers have resulted in complex logistics networks and have led to an increased set of risks that need to be managed in multi-site, multi-partner projects. In this article, a framework is built which incorporates both scientific and industrial feedback gathered. A system dynamics approach is utilised which simulates several risks identified in supply chain networks to establish inter and intra-relationships between various risk factors in the entire enhanced network of engineering projects. The environmental, organisational and supply chain networks related issues are considered by developing several influence diagrams for proactive logistics management.

Journal

International Journal of Risk Assessment and ManagementInderscience Publishers

Published: Jan 1, 2008

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