The root of the problems lie somewhere in the uncertainties in upstream as well as downstream flows of materials, funds, and information.
Consequently, this case emphasizes the importance and necessity of supply chain resilience management within the automotive industry. These tools possess various functionalities - like, enterprise planning, demand planning, production scheduling, distribution planning, procurement and replenishment planning, facilities location planning, replenishment planning, manufacturing planning, logistics strategy formulation, stocking levels planning, lead times planning, process costing, customer service planning, procurement, supply and transportation scheduling, global logistics management, constraint-Based master planning, demand management, material planning, network Design and optimization, supply chain analytics, transportation management, Vendor Managed Inventory VMI planning, continuous replenishment planning Thesis on supply chain resilienceand many more.
Yet, in studying the events that took place at Fukushima, one can see the interplay of risk and uncertainty. This article draws on the expertise of the authors, prior research, anecdotes, and recent events to define and further explore this concept.
This may arise, for example, from lack of recovery training as resources are focused toward resistance instead. Moreover, the efficiency of the Japanese car manufacturing industry is also characterised through the affiliationof the lean philosophy throughout their supply chain Gereffi, Recovery capacity is the ability of a system to return to functionality once a disruption has occurred.
What it does not convey is the nature of the impact - whether it is through main effects where an investment such as supply chain design affects directly resilience or through interactions the interaction between two or more factors found in the table.
The chemical industry is a case in point. The final achieved steady-state performance may or may not reacquire original performance levels, and is dependent on many disruption and competitor factors.
That happens by design and is no longer a happy accident. Some of these investments, such as inventory and capacity buffers, are direct investments.
Managers can make those investments in supply chain resilience through multiple venues in ways that are both appropriate to the risks a firm wants to mitigate and that make sense to the parties involved.
The differences between the variance events listed in Exhibit 1 identify traits of interest to management. Kraljic matrixhelps identifying the criticality of the product part Figure 4: You could argue that what Fukushima Daiichi needed was a system that was ideally hardy but at a minimum was vulnerable but responsive.
Firms can predict the likelihood of these events over a set time period to help them determine how to potentially react when they occur. Unfortunately this issue is exacerbated by the fact that some use risk and uncertainty interchangeably, implying that these two concepts are the same.
Astrong, close and stable supplier network greatly enhances the resilience of the Japanese automotive supply chain. Resilience is a capability that must fit the specific needs of each firm.
It caused the evacuation ofpeople from their homes.
Those would include inventory levels, cash flow, and asset availability to name just a few. In the wake of these twin disasters, it quickly became apparent that suppliers for both Nissan and Toyota facilities lacked adequate resistance capabilities when faced with an event of this magnitude.
In this illustration, we can identify the four stages of resilience, which are avoidance, containment, stabilization, and return.
Investments in safety stock or increased lead-times buffer the system much like the shock absorbers on an automobile smooth a bumpy road.
Aggregation planning helps in consolidation of the internal and external stock keeping units SKUs within the decision and strategic framework for reducing costs, meeting demands and maximising profits.
Most of the studies may be qualitative or triangulated.Supply Chain Resilience: A Risk Intelligent approach to managing global supply chains.
Supply Chain Resilience Management: Is the Japanese Automotive Supply Chain resilient enough? - Analysis of Resilience Capabilities of Readiness, Response and Recovery - A Case Study of Riken Corp.
- Wladimir Wiegel - Seminar Paper - Business economics - Supply, Production, Logistics - Publish your bachelor's or master's thesis.
Supply chain resilience is a comparatively unexplored area of supply chain research, that is related to risk management, but at the same time differs from traditional risk management approaches in that it focuses on firms’ ability to absorb disruptions or enables the supply network.
Global Business and Management Research: An International Journal Vol. 6, No. 3 () A Framework to Enhance Supply Chain Resilience The Case of Malaysian Pharmaceutical Industry. A Dissertation entitled Flexible and Redundant Supply Chain Practices to Build Strategic Supply Chain Resilience: Contingent and Resource-based Perspectives.
CRANFIELD UNIVERSITY Partha Priya Datta A complex system, agent based model for studying and This thesis would not have come into being without the support and help from several Growing Importance of Supply Chain Resilience – .Download