Supply chain risk mitigation strategies The types of risks businesses are facing are evolving, but so are smart digital technologies that help businesses hone their strategies for managing supply chain risks. Here’s a recap of some of the risk detection, assessment, planning, and execution methods...
Logistics managers work to create practices that reduce technostress, which is associated with diminished productivity in supply chain management. The purpose of this multiple case study was to explore the mitigation strategies that logistics managers at distribution centers used to reduce technostress with...
This research proposes an integrated framework that takes explicit account of multiple types of risk in aiding decision-making, and compares and ranks alternative risk mitigation strategies individually and collectively in indicator basis using fuzzy set theory and multiple criteria decision analysis methods...
Volatility and uncertainty in the logistics industry have dominated the news in 2024. So, we’ve written numerous posts about these events to help you make sense of those disruptions. Specifically, we covered the threats, impacts, and mitigation strategies disrupting supply chains. ...
In this research, a methodology based on Bow-Tie analysis and optimisation techniques is proposed to quantify and mitigate supply chain risks. The proposed methodology takes into consideration risk interconnections, and it identifies the best combination of mitigation strategies under budget constraints. ...
particularly in emerging economies. We present a conceptual framework under the dynamic capability theory to analyze challenges and their pertinent mitigation strategies. Ten major challenges are identified based on a literature review, evaluation of several news articles, and discussions with experts. Furt...
In a developing country with no prior research, such as Bangladesh, it is necessary to research to better understand supply chain challenges and mitigation strategies for ID agriculture projects. The study therefore examined the ID agriculture projects in Bangladesh. Primarily, the study utilized ...
and analyzing data—tasks for which AI-enabled digital tools have become invaluable. Traditional AI tools support supplier risk management through early data structuring and enrichment, predictive analytics, real-time supply monitoring, and the definition of supply chain optimization strategies. For example...
Supply chain risk management for critical commodities: A system dynamics model for the case of the rare earth elements We investigate mitigation strategies that potentially reduce the supply chain risk caused by exogenous interventions for critical commodities. We apply a s... ML Keilhacker,S Minner...
presents. It assigns scores based on various parameters like past performance, delivery timelines, quality of goods, and reliability. Once the platform identifies and assesses risks, it can help you develop mitigation strategies, e.g., creating contingency plans or setting up stricter quality ...