Download or read book Supply Chain Risk Mitigation Strategies in Automotive Industry written by Ehsan Dehdar and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies supply chain management (SCM) of automotive industry and investigates about the types of risks that threaten automotive supply chain. These risks are identified in a way which all causes and mitigation strategies classified dependently. This study has adapted from 29 ISI and reputable journals which are indexed in Scopus (2008-2018). Based on previous researches, 10 risks, causes and mitigation strategies are identified in this industry which the most important ones include: supply risk, demand uncertainty and shortage of materials. Finally, the relevant causes and mitigation strategies for all 10 risks are identified. Later the methodologies such as Multi-Criteria Decision Making (MCDM), Multi-Objective Decision Making (MODM) and standards like ISO 31000 for handling the risks are extensively presented in this paper. For further study the authors recommended that the critical risks should be ranked and new methods and strategies and methodologies should be developed specially for the mitigation of uncertainty and fluctuation.
Download or read book Supply Chain Risk Management written by Marc Helmold and published by Springer Nature. This book was released on 2022-03-05 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a holistic and practical approach to managing supply chains risks and presents a new framework model for sustainable optimization of risk management. This framework includes supportive tools for risk mapping and strategic decision-making. Managers can apply tailored versions of this framework for the management process of their respective sector. The authors provide case studies in industries such as automotive, aviation, airport, and healthcare.
Download or read book A Neutrosophic AHP and TOPSIS Framework for Supply Chain Risk Assessment in Automotive Industry of Pakistan written by Muhammad Junaid and published by Infinite Study. This book was released on with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study aims at identifying and assessing supply chain risks and developing criteria for managing these risks.
Download or read book Global Supply Chain Performance and Risk Optimization written by Rob Smith and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rob Smith quantifies the financial value of Real Options in the form of operational and managerial flexibility in the real-life world of the global automotive industry using an existing, operational supply chain specifically designed to support world car vehicle platform production.
Download or read book After Sales Supply Chain Risk Management written by Steffen Luksch and published by . This book was released on 2014 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lean supply chains with cost optimized production and logistics processes in the automotive industry have become a benchmark for other industries. Short delivery times, low inventories and high availability are parameters which assume a robust supply chain. In industrial practice we see, however, that in the After Sales business particularly related to the supply of automotive spare parts, that there are always unforeseen delays in delivery. In order to avoid service level losses on the focal firm level due to missing parts it is necessary to understand the risk structure on the supplier side. For this reason, a risk model for the After Sales inbound SC is developed through this work. Based on an extensive analysis of delivery data a central risk size was derived. Comprehensively researched SC risks are supplemented by After Sales specific risks derived through an empirical supplier survey. A reference network, which is methodologically based on the Bayesian theorem, to control the dynamic relationships was developed. The developed risk model allows for the identification of proactive and reactive measures by top-down and bottom-up analyzes to make lean supply chains for after sales requirements in the best cases robust and resilient. A big advantage of the developed model is not only the ability to quantify the cause and effect of supply chain risks but also to describe the constantly changing risk environment of the supply chain through continuous belief updates within the model. The risk analysis in the developed model potentially reduces the delivery delay of spare parts by 65 percent and diminishes the buffer stock value by 50 percent. To achieve such improvements in the real world organizations must be able to implement measures in explicit SC risk clusters for sustainable supply chain performance and inventory management. Improvements in the internal supplier processes, due to risks like prioritized series supply, or inappropriate after sales supply strategies are necessary. Utilizing the developed After Sales Risk Management Model (ASRIM) organizations will be able to implement proactive risk mitigation strategies, facilitating agile SC performance, while simultaneously reducing buffer stocks.
Download or read book An Empirical Study on Supply Chain Risk Management Strategies in Indian Automobile Industry written by Satyendra Kumar Sharma and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain disruptions, major or minor, have affected supply chains negatively. Literature shows that supply chain disruptions also lead to reduction in shareholder value. Supply Chain Risk Management (SCRM) has become a concern for boardrooms, and companies have started to think how they can better manage their supply chains to survive and continue operations. This paper provides insights into SCRM in Indian automobile sector. Strategies used to deal with supply chain risks are explored in this paper. First a taxonomy is suggested based on the review of the extant literature, i.e., proactive strategies, coping strategies, aligning strategies, early warning strategies and survival strategies. These strategies are then empirically tested in the context of Indian automobile industry. A total SCRM strategy index is calculated and the status of Indian automobile industry in SCRM is discussed.
Download or read book Supply Chain Risk Mitigation written by Yacob Khojasteh and published by Springer Nature. This book was released on 2022-09-30 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers central issues in mitigating supply chain risks from various perspectives. Today’s supply chains are vulnerable to disruptions that can have a significant impact on firms, business and performance. The aim of supply chain risk management is to identify the potential sources of risks and implement appropriate actions in order to mitigate supply chain disruptions. In this regard, the book presents a wealth of methods, strategies and analyses that are essential for mitigating supply chain risks. As a comprehensive collection of the latest research and cutting-edge developments in supply chain risk and its mitigation, the book is structured into four main parts, addressing supply chain risk strategies and developments; supply chain risk management review; supply chain sustainability and resilience; and supply chain analysis and risk management applications. The contributing authors are leading academic researchers and practitioners, who combine findings and research results with a practical and contemporary view on how companies can best manage supply chain risks and disruptions, as well as how to create resilient and sustainable supply chains. This book can be used as an essential resource for students and scholars who are interested in pursuing research or teaching courses on the rapidly growing field of supply chain management. It also offers an interesting and informative read for managers and practitioners who need to deepen their understanding of effective supply chain risk management.
Download or read book Sustainable Supply Chain Management written by Minh Trang Rausch-Phan and published by Springer Nature. This book was released on 2022-01-29 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the current causes and effects of implementing sustainable supply chain management (SSCM) as well as green supply chain management (GSCM) strategies in the automotive industry. The reader is provided a detailed scientific review on SSCM and GSCM and presented the advantages of sustainable development concepts as well as factors causing the implementation of SSCM such as buyers’ behavior, governmental regulations, and competitiveness. The book then analyses the current situation of SSCM development, particularly in the automotive industry. It shows challenges, barriers, successes, and benefits that automotive companies obtain from implementing GSCM. Through case studies on leading German car manufacturers VW, BMW, and Daimler, the necessary activities of these companies to implement green development in the entire supply chain, including green supplier selection, green materials, green transportation, and reverse logistics, are defined. Moreover, a benchmark with companies from Asian markets such as Toyota from Japan and Geely from China is performed.
Download or read book Supply Chain Risk Management written by Gregory L. Schlegel and published by CRC Press. This book was released on 2014-10-14 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: You don’t have to outrun the bear ... you just have to outrun the other guy. Often in business we only have to run a bit faster than our competitors to be successful. The same is true in risk management. While we would always like to anticipate and prevent risk from happening, when risk events do occur being faster, flexible, and more responsive than others can make a world of difference. Supply Chain Risk Management: An Emerging Discipline gives you the tools and expertise to do just that. While the focus of the book is on how you can react better and faster than the others, the text also helps you understand how to prevent certain risks from happening in the first place. The authors detail a risk management framework that helps you reduce the costs associated with risk, protect your brand and reputation, ensure positive financial outcomes, and develop visible, predictable, resilient, and sustainable supply chains. They provide access to a cloud-based, end-to-end supply chain risk assessment "Heat Map" that illustrates the maturity of the chain through the various stages. It should not come as a surprise to anyone that the world is a riskier place than it was just 15 years ago. A survey used to calculate the Allianz Risk Barometer recently concluded for the first time that supply chain risk is now the top concern of global insurance providers. For most organizations this new reality requires major adjustments, some of which will not be easy. This book helps you understand the emerging discipline called supply chain risk management. It explains the relevant concepts, supplies a wide variety of tools and approaches to help your organization stay ahead of its competitors, and takes a look at future directions in risk management—all in a clear, concise presentation that gives you practical advice and helps you develop actionable strategies.
Download or read book Risk Management in Global Dispersed Supply Chains The Case of Obvio written by Adrian Kilisch and published by GRIN Verlag. This book was released on 2009 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2007 in the subject Business economics - Business Management, Corporate Governance, grade: 2,0, University of Paderborn, 36 entries in the bibliography, language: English, abstract: "Obvio Automotoveiculos S.A." is a new automobile developer and manufacturer of high-safety and high-performance cars in Rio de Janeiro, Brazil. The particularity of this young company is the way to manage the supply chain. It has succeeded in assembling a network of strong suppliers to incorporate the latest advances in automotive engineering. The purpose of this thesis is to scrutinize this unique supply chain and to point out specific risk management aspects. Through its globally and virtually dispersed character, this SC model - while also bearing risks - opens up new opportunities for the automotive industry.
Download or read book Supply Chain Risk written by George A. Zsidisin and published by Springer Science & Business Media. This book was released on 2008-09-08 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk is of fundamental importance in this era of the global economy. Supply chains must into account the uncertainty of demand. Moreover, the risk of uncertain demand can cut two ways: (1) there is the risk that unexpected demand will not be met on time, and the reverse problem (2) the risk that demand is over estimated and excessive inventory costs are incurred. There are other risks in unreliable vendors, delayed shipments, natural disasters, etc. In short, there are a host of strategic, tactical and operational risks to business supply chains. Supply Chain Risk: A Handbook of Assessment, Management, and Performance will focus on how to assess, evaluate, and control these various risks.
Download or read book Benchmarking Supply Strategies in the Automotive and the Power Tool Industry written by Andreas Weth and published by GRIN Verlag. This book was released on 2008-03 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2006 in the subject Business economics - Supply, Production, Logistics, grade: 1.7, UNITEC New Zealand (Supply Management Institute (SMI)), course: Diplom, 105 entries in the bibliography, language: English, abstract: Problem Definition and Scope of the Diploma Thesis The problem which is addressed in this diploma thesis is the research deficit in the field of benchmarking supply and sourcing strategies. As it was stated in the introduction, no academic publication could be identified in which supply or sourcing strategies in the automotive industry are benchmarked with another industry and detailed recommendations for a particular industry are derived. This lack of academic research is related to a general research deficit in the whole field of supply management which was already identified by Wildemann (2000), Van Weele (2002) and Jahns (2005). The whole field of supply management cannot be entirely benchmarked within two industries in a diploma thesis. Because of that and to reduce complexity, the sourcing strategy triangle which is further explained in section 2.4 and shown in the following figure 2 was developed as a benchmarking framework. 1.3 Structure of the Diploma Thesis Firstly, chapter one provides an introduction including the problem definition (section 1.1), background information about the Hilti Corporation (section 1.2) and the structure of the diploma thesis (section 1.3). This is followed by supply management definitions and classifications which are given in chapter two of the thesis; supply management terminologies are defined (section 2.1), a supply strategy is explained in its strategic environment (section 2.2) and different supply management concepts are explained and analyzed (section 2.3). Besides that, also the sourcing strategy triangle which is used for the benchmarking approach is introduced in section 2.4. After that, chapter three includes the benchmarking analysis of the sourcing strategy triangle. In
Download or read book Supply Chain Management Strategies and Risk Assessment in Retail Environments written by Kumar, Akhilesh and published by IGI Global. This book was released on 2017-12-15 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proper understanding and managing of project risks and uncertainties is crucial to any organization. It is paramount that all phases of project development and execution are monitored to avoid poor project results from meager economics, overspending, and reputation. Supply Chain Management Strategies and Risk Assessment in Retail Environments is a comprehensive reference source for the latest scholarly material on effectively managing risk factors and implementing the latest supply management strategies in retail environments. Featuring coverage on relevant topics such as omni-channel retail, green supply chain, and customer loyalty, this book is geared toward academicians, researchers, and students seeking current research on the challenges and opportunities available in the realm of retail and the flow of materials, information, and finances between companies and consumers.
Download or read book Outsourcing Vs Insourcing in the Automotive Industry The Role and Concepts of Suppliers written by Christian Nitschke and published by GRIN Verlag. This book was released on 2011-03 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2005 in the subject Engineering - Industrial Engineering and Management, grade: 2,0, Stellenbosch Universitiy, course: Operations Management, 78 entries in the bibliography, language: English, abstract: The research report takes an in-depth look at the automotive industry and their major participants in the upstream value chain. The different parties involved are the automotive manufacturers (OEMs) and their suppliers. The overall goal of the following report is to identify suitable business models for small to medium sized (SME) automotive suppliers. As the automotive value chain currently undergoes an evolutionary change towards a diminishing vertical integration of the OEMs, it becomes a challenging issue to reconfigure the responsibilities of the suppliers. Thereby OEMs and their suppliers have to cope with a shift from a functional to a process orientated value chain. During this reorganization of the OEM-supplier interface, enterprises realign their strategic intent towards their core competencies as well. Besides the shifting value chain, both suppliers and OEMs have to cope with a consolidation in their industries. This consolidation is impacted by stagnating traditional markets, an ongoing globalization of the value chain, and an increasing productivity pressure in the automotive industry. Looking at the automotive supplier, it becomes obvious that the suppliers are on the one hand challenged by productivity pressures and on the other hand have the opportunity to take over more business of the automotive value chain. The growth potential requires changes in the area of supply chain management and new types of collaboration in the supply network. This prospective development is mainly influenced by a trend towards the outsourcing of entire processes by the OEMs and the increasing need for future innovations in the automotive industry. After discussing the above mentioned issues, the report analyses the role of suppliers with res
Download or read book Managing Supply Chain Risk and Vulnerability written by Teresa Wu and published by Springer Science & Business Media. This book was released on 2009-08-20 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Supply Chain Risk and Vulnerability, a book that both practitioners and students can use to better understand and manage supply chain risk, presents topics on decision making related to supply chain risk. Leading academic researchers, as well as practitioners, have contributed chapters focusing on developing an overall understanding of risk and its relationship to supply chain performance; investigating the relationship between response time and disruption impact; assessing and prioritizing risks; and assessing supply chain resilience. Supply chain managers will find Managing Supply Chain Risk and Vulnerability a useful tool box for methods they can employ to better mitigate and manage supply chain risk. On the academic side, the book can be used to teach senior undergraduate students, as well as graduate-level students. Additionally, researchers may use the text as a reference in the area of supply chain risk and vulnerability.
Download or read book New Supplier Introduction Risk Minimization through Supplier Quality Management using the Example of a Chinese Automotive Supplier written by and published by GRIN Verlag. This book was released on 2019-05-21 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2018 in the subject Engineering - Mechanical Engineering, grade: 1.3, University of applied sciences Frankfurt a. M., language: English, abstract: This thesis will examine supplier risk management and provide prospects to minimize these risks. Thus, the thesis will identify latent quality risks for automotive companies by introducing unknown suppliers and discloses methodological measures to minimize proactively such risks through the systematic of supplier quality management. The research is going to contribute a solution approach on this research problem that can be applied as a guideline to minimize supplier quality risks. Consequently, the theoretical framework for quality management and risk management will be examined by this thesis and existing tools and methods are compiled. A research study will be elaborated with findings and analysis from expert’s knowledge. These research findings will be combined subsequently with the theoretical framework and will culminate in a recommended approach to achieve supplier risk minimization. With an increasing demand, the automotive industry must deal with the reliability of vehicles and components. The success of many companies is based on the quality of their products, especially for companies operating successfully on the global market. In fact, all the car manufacturers as well as their suppliers are expanding their production capacities in the growth region China. Thereby new, innovative suppliers need to be established which are quality-capable. Of great importance is high quality, absolute delivery reliability together with unrivaled low prices. Stable partnerships are required with suppliers to rely on in the long-term. A New Supplier Introduction represents a risk for quality particularly when the supplier starts from a Greenfield. The major problem when nominating new suppliers is that there is no security in advance for the quality performance of the new supplier in series and that the companies depend on their suppliers with their quality performance. The nomination of the dedicated suppliers has to be done without field experience or quality performance key indicators.
Download or read book Operations Rules written by David Simchi-Levi and published by MIT Press. This book was released on 2010-09-24 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: An expert offers a set of rules that will help managers achieve dramatic improvements in operations performance. In recent years, management gurus have urged businesses to adopt such strategies as just-in-time, lean manufacturing, offshoring, and frequent deliveries to retail outlets. But today, these much-touted strategies may be risky. Global financial turmoil, rising labor costs in developing countries, and huge volatility in the price of oil and other commodities can disrupt a company's entire supply chain and threaten its ability to compete. In Operations Rules, David Simchi-Levi identifies the crucial element in a company's success: the link between the value it provides its customers and its operations strategies. And he offers a set of scientifically and empirically based rules that management can follow to achieve a quantum leap in operations performance. Flexibility, says Simchi-Levi, is the single most important capability that allows firms to innovate in their operations and supply chain strategies. A small investment in flexibility can achieve almost all the benefits of full flexibility. And successful companies do not all pursue the same strategies. Amazon and Wal-Mart, for example, are direct competitors but each focuses on a different market channel and provides a unique customer value proposition—Amazon, large selection and reliable fulfillment; Wal-Mart, low prices—that directly aligns with its operations strategy. Simchi-Levi's rules—regarding such issues as channels, price, product characteristics, value-added service, procurement strategy, and information technolog—-transform operations and supply chain management from an undertaking based on gut feeling and anecdotes to a science.
