کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5082163 1477629 2008 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The power of flexibility for mitigating supply chain risks
موضوعات مرتبط
مهندسی و علوم پایه سایر رشته های مهندسی مهندسی صنعتی و تولید
پیش نمایش صفحه اول مقاله
The power of flexibility for mitigating supply chain risks
چکیده انگلیسی

Lee [2004. The triple-a supply chain. Harvard Business Review 102-112] articulated that alignment, adaptability, and agility are the basic ingredients for managing supply chain risks. While it is clear that flexibility (agility) enhances supply chain resiliency, it remains unclear how much flexibility is needed to mitigate supply chain risks. Without a clear understanding of the benefit associated with different levels of flexibility, firms are reluctant to invest in flexibility especially when reliable data and accurate cost and benefit analysis are difficult to obtain. In this paper, we present a unified framework and 5 stylized models to illustrate that firms can obtain significant strategic value by implementing a risk reduction program that calls for a relatively low level of flexibility. Some of our model analyses are based on or motivated by models presented in recent literature. Our findings highlight the power of flexibility, and provide convincing arguments for deploying flexibility to mitigate supply chain risks.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Production Economics - Volume 116, Issue 1, November 2008, Pages 12-27
نویسندگان
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