Skip to main content
Disciplines
Automotive Business IT + Informatics Construction + Real Estate Electrical Engineering + Electronics Energy + Sustainability Insurance + Risk Finance + Banking Management + Leadership Marketing + Sales Mechanical Engineering + Materials
Events
DE
EN
Books
Journals
Topic Page
Marketing
Start single access now
Access for companies
EXTENDED SEARCH
Log in
Top
Published in:
Supply Chain Disruptions and Corporate Performance Read chapter Read first chapter

2012 | OriginalPaper | Chapter

2. Mitigating the Impact of Disruptions in Supply Chains

Authors : Wallace J. Hopp, Seyed M. R. Iravani, Zigeng Liu

Published in: Supply Chain Disruptions

Publisher: Springer London

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Supply chain risk management is of growing importance, as globalization extends supply chains and makes them more vulnerable to a wide range of disruptive events. Supply interruptions can be the result of large-scale natural diasters, terrorist attacks, plant fires, electrical blackouts, financial or political crises, and many other scenarios.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

inform now
previous chapter Supply Chain Disruptions and Corporate Performance
next chapter Sourcing Strategies to Manage Supply Disruptions
Literature
1.
2.
Augustine NR, Sharma A et al (2000) Harvard business review on crisis management. Harvard Business School Press, Cambridge
3.
4.
Barnes-Schuster D, Bassok Y, Anupindi R (2002) Coordination and flexibility in supply contracts with options. Manuf Serv Oper Manag 4(3):171–207CrossRef
5.
Beaudette M (2001) Maryland post office gets mail, after anthrax closes facility in Washington. Capital News Service
6.
Berman O, Krass D, Menezes M (2007) Facility reliability issues in network p-median problems: strategic centralization and co-location effects. Oper Res 55(2):332–350MathSciNetMATHCrossRef
7.
Berman O, Krass D, Menezes M (2009) Locating facilities in the presence of disruptions and incomplete information. Decis Sci 40(4):845–868CrossRef
8.
Bundschuh M, Klabjan D, Thurston DL (2003) Modeling robust and reliable supply chains. Working paper, University of Illinois at Urbana-Champaign
9.
Carr RD, Greenberg HJ, Hart WE et al (2000) Robust optimization of contaminant sensor placement for community water systems. Math Prog 107:337–356MathSciNetCrossRef
10.
Chod J, Rudi N, Van Mieghem JA (2009) Operational flexibility and financial hedging: complements or substitutes? Working paper, Carroll School of Management, Boston College
11.
Chopra S, Reinhardt G, Mohan U (2007) The importance of decoupling recurrent and disruption risks in a supply chain. Nav Res Logist 54(5):544–555MathSciNetMATHCrossRef
12.
Chopra S, Sodhi MS (2004) Managing risk to avoid supply-chain breakdown. MIT Sloan Manag Rev 46:53–61
13.
Christopher M, Peck H (2004) Building the resilient supply chain. Int J Logist Manag 15(2): 1–13CrossRef
14.
Christopher M, Lee H (2004) Mitigating supply chain risk through improved confidence. Int J Phys Distrib Logist Manag 34(5):388–396CrossRef
15.
Christopher BP (2003) Strategies for maximizing supply chain resilience: learning from the past to prepare for the future, Master of engineering in logistics thesis, June 2003, MIT press, Cambridge
16.
Clausen J, Hansen J, Larsen J et al (2001) Disruption management. ORMS Today, October, pp 40–43
17.
Cohen M, Agrarwal N (1999) An analytical comparison of long and short term contract. IIE Trans 31(8):783–796
18.
19.
Dada M, Petruzzi NC, Schwarz LB (2007) A newsvendor’s procurement problem when suppliers are unreliable. Manuf Serv Oper Manag 9(1):9–32
21.
Elkins D, Handfield RB, Blackhurst J, Craighead CW (2005) 18 Ways to guard against disruption. Supply Chain Manag Rev 9(1):46–53
22.
Fawcett SE, Calantone R, Smith SR (1996) An investigation of the impact of flexibility on global reach and firm performance. J Bus Logist 17(2):167–196
23.
Fredericks E (2005) Infusing flexibility into business-to-business firms: a contingency theory and resource-based view perspective and practical implications. Ind Mark Manag 34(6): 555–565CrossRef
24.
25.
26.
Gendreau M, Laporte G, Parent I (2000) Heuristics for the location of inspection stations on a network. Nav Res Logist 47:287–303MathSciNetMATHCrossRef
27.
Goldsby TJ, Stank TP (2000) World class logistics performance and environmentally responsible logistics practices. J Bus Logist 21(2):187–208
28.
29.
Hendricks KB, Singhal VR (2005) An empirical analysis of the effect of supply chain disruption on long-run stock price performance and equity risk of the firm. Prod Oper Manag 14(1):35–52CrossRef
30.
Hopp WJ, Iravani SMR, Liu Z (2008) Strategic risk from supply chain disruptions. Working paper, Department of Industrial Engineering and Management Sciences. Northwestern University
31.
Hopp WJ, Liu M, Liu Z (2010) Protecting supply chain networks against catastrophic failures. Working paper Wisconsin School of Business, University of Wisconsin–Madison
32.
Hopp WJ, Spearman ML (2007) Factory Physics. McGraw-Hill, New York
33.
Hu X, Duenyas I, Kapuscinski R (2008) Optimal joint inventory and transshipment control under uncertain capacity. Oper Res 56(4):881–897MathSciNetMATHCrossRef
34.
James JC, Salhi S (2002) A tabu search heuristic for the location of multi-type protection devices on electrical supply tree networks. J Comb Optim 6:81–98MathSciNetMATHCrossRef
35.
Johnson ME (2001) Learning from toys: lessons in managing supply chain risk from the toy industry. Calif Manag Rev 43(3):106–124
36.
37.
Kumar A, Kansal ML, Arora G (1999) Detecting accidental contaminations in municipal water networks. J Water Resour Plan Manag 125(5):308–310CrossRef
38.
Kumar S, Stecke K (2008) Sources of supply chain disruptions, factors that breed vulnerability, and mitigating strategies. J Mark Channels 16(3):193–226
39.
40.
LeBoeuf M (2000) How to win customers and keep them for life. Berkley Trade
41.
Lee HL, Wolfe M (2003) Supply chain security without tears. Supply Chain Manag Rev 7(1):12–20
42.
Liu S, So KC, Zhang F (2009) The effect of supply reliability in a retail setting with joint marketing and inventory decisions. Manuf Serv Oper Manag (forthcoming) 12(1):19–32
43.
Løve M, Sørensen KR, Larsen J et al (2002) Disruption management for an airline—rescheduling of aircraft, Lecture notes in computer science vol 2279, pp 289–300
44.
45.
Martha J, Subbakrishna S (2002) Targeting a just-in-case supply chain for the inevitable next disaster. Supply Chain Manag Rev September/October, 18–23
46.
Martha J, Vratimos E (2002) Creating a just-in-case supply chain for the inevitable disaster. Mercer Manag J 14:73
47.
McGillivray G (2000) Commercial risk under JIT. Can Underwriter. January 1
48.
49.
50.
Nishiguchi T, Beaudet A (1998) The Toyota group and the Aisin fire. MIT Sloan Manag Rev 40(1):49–59
51.
52.
Peck H (2005) Drivers of supply chain vulnerability: an integrated framework. Int J Phys Distrib Logist Manag 35(4):210–232CrossRef
53.
Qi L, Shen ZJM, Snyder LV (2009) The effect of supply disruptions on supply chain design decisions. Working paper, Department of Industrial and Systems Engineering. Lehigh University
54.
Qi X, Bard JF, Yu G (2006) Disruption management for machine scheduling: the case of SPT schedules. Int J Prod Econ 103(1):166–184CrossRef
55.
Quinlan T (1999) PC Prices taking an unusual turn: up. San Jose Mercury News. 20 October
56.
Reitman V (1997) To the rescue: Toyota’s fast rebound after fire at supplier shows why it is tough. Wall Str J. 8 May, A1
57.
58.
59.
Rice J (2003) Supply chain response to terrorism: creating resilient and secure supply chains. Interim report of progress and learning, supply chain response to terrorism project, MIT center for transportation and logistics, Cambridge
60.
Santoso T, Ahmed S, Goetschalckx M et al (2005) A stochastic programming approach for supply chain network design under uncertainty. Eur J Oper Res 167:96–115MathSciNetMATHCrossRef
61.
Sheffi Y (2001) Supply chain management under the threat of international terrorism. Int J Logist Manag 12(2):1–11MathSciNetCrossRef
62.
Sheffi Y (2005) The resilient enterprise: overcoming vulnerability for competitive advantage. MIT Press, Cambridge
63.
Simchi-Levi D, Snyder L, Watson M (2002) Strategies for uncertain times. Supply Chain Manag Rev 6(1):11–12
65.
66.
Swafforda PM, Ghoshb S, Murthyc N (2006) The antecedents of supply chain agility of a firm: scale development and model testing. J Oper Manag 24(2):170–188CrossRef
67.
Swinney R, Netessine S (2009) Long-term contracts under the threat of supplier default. Manuf Serv Oper Manag 11(1):109–127
68.
Tang CS (2006) Robust strategies for mitigating supply chain disruptions. Int J Logist Res Appl 9(1):33–45CrossRef
69.
Tang C, Tomlin B (2008) The power of flexibility for mitigating supply chain risks. Int J Prod Econ 116:12–27CrossRef
70.
Tomlin B (2006) On the value of mitigation and contingency strategies for managing supply chain disruption risks. Manag Sci 52(5):639–657MathSciNetMATHCrossRef
71.
Tomlin B, Wang Y (2005) On the value of mix flexibility and dual sourcing in unreliable newsvendor networks. Manuf Serv Oper Manag 7(1):37–57CrossRef
72.
Tomlin B, Wang Y (2009) Operational strategies for managing supply chain disruption risk, intended for Kouvelis P, Boyabatli O, Dong L et al (eds) Handbook of integrated risk management in global supply chains, Wiley, new York (to be published)
73.
Van Mieghem JA (2007) Risk mitigation in newsvendor networks: resource diversification, flexibility, sharing, and hedging. Manag Sci 53(8):1269–1288MATHCrossRef
74.
75.
76.
Xia YS, Yang MH, Golany B et al (2004) Real time disruption management in a two-stage production and inventory system. IIE Trans 36(2):111–125CrossRef
77.
78.
79.
Yu G, Qi X (2004) Disruption management: framework, models, and applications. World Scientific Publishers, SingaporeMATHCrossRef
80.
Zhu G, Bard JF, Yu G (2005) Disruption management for resource-constrained project scheduling. J Oper Res Soc 56:365–381MATHCrossRef
Metadata
Title
Mitigating the Impact of Disruptions in Supply Chains
Authors
Wallace J. Hopp
Seyed M. R. Iravani
Zigeng Liu
Copyright Year
2012
Publisher
Springer London
Book
Supply Chain Disruptions

Print ISBN: 978-0-85729-777-8

Electronic ISBN: 978-0-85729-778-5

Copyright Year: 2012

DOI
https://doi.org/10.1007/978-0-85729-778-5_2