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2015 | OriginalPaper | Chapter

Resilience in Supply Chain Management

Author : Joseph Fiksel

Published in: Resilient by Design

Publisher: Island Press/Center for Resource Economics

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Abstract

Contemporary supply chain managers face a variety of global forces that increase the potential for unforeseen disruptions. Of all the enterprise functions, supply chain management is the most vulnerable to external stresses and shocks. Supply chain disruptions—even minor shipment delays—can cause significant financial losses for companies and substantially affect shareholder value.

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Footnotes
1
This chapter is partly based on the following published article: J. Fiksel, M. Polyviou, K. L. Croxton, and T. Pettit, “From Risk to Resilience,” Sloan Management Review, Winter 2015.
 
2
World Economic Forum, “New Models for Addressing Supply Chain and Transport Risk,” World Economic Forum, 2012.
 
3
World Economic Forum, 2012.
 
4
K. B. Hendricks and V. R. Singhal, “The Effect of Supply Chain Glitches on Shareholder Wealth,” Journal of Operations Management 21, no. 5 (2003): 501-522.
 
5
K. Jacobs, “Hurricane Sandy Hits Travel, Cargo: Costs Unclear,” October 29, 2012, www.​reuters.​com
 
6
K. Bhasin, “Holiday Shopping Is Being Threatened by Crippled Supply Chains,” November 5, 2012, www.​businessinsider.​com
 
7
Deutche Post DHL Group, “A High-Performance Network Even during a Crisis,” November 5, 2010, http://​www.​dpdhl.​com/​en/​media_​relations/​abonnements/​finan dal_media_newsletter /background_q1_2010.html
 
8
C. Burritt, “Walgreen Drops Cardinal Health for AmerisourceBergen Deal,” March 19, 2013, http://​www.​bloomberg.​com/​news/​articles/​2013-03-19/​walgreen-alliance-boots-win-right-for-amerisourcebergen-stake
 
9
R. Mason-Jones, B. Naylor, and D. R. Towill, “Lean, Agile or Leagile? Matching Your Supply Chain to the Marketplace,” International Journal of Production Research 38, no. 17 (2000): 4061-4070.
 
10
M. Christopher and M. Holweg, “ ‘Supply Chain 2.0’: Managing Supply Chains in the Era of Turbulence,” International Journal of Physical Distribution and Logistics Management 41, no. 1 (2011): 70.
 
11
“Resilience—Surviving the Unthinkable,” Logistics Manager, March 1, 2004: 16-18.
 
12
Federal Reserve Board, “The Beige Book” (April 13, 2011), http://​www.​federalreserve.​gov
 
13
UN Global Compact and Accenture, “CEO Study on Sustainability 2013: Architects of a Better World,” 2013.
 
14
Accenture, “Reducing Risk and Driving Business Value: Carbon Disclosure Project,” 2013.
 
15
M. E. Webber, “Will Drought Cause the Next Blackout?,” New York Times, July 24, 2012.
 
16
http:/ /blogs.wsj.com/digits/2010/05 /24/fake-bp-twitter-account-draws-followers-with- oil-spill-satire/
 
17
T. J. Pettit, J. Fiksel, and K. L. Croxton, “Ensuring Supply Chain Resilience: Development of a Conceptual Framework,” Journal of Business Logistics 31, no. 1 (2010): 1-22.
 
18
Pettit, Fiksel, and Croxton, “Ensuring Supply Chain Resilience,” p. 6.
 
19
Pettit, Fiksel, and Croxton, “Ensuring Supply Chain Resilience,” p. 6.
 
20
Additional information about SCRAM tools can be obtained from the Center for Resilience, Ohio State University. See http://​resilience.​osu.​edu/​CFR-site/​scram.​htm.
 
21
J. McIntyre and S. Hemmelgarn, “How One Business Made Its Supply Chain More Resilient” (presentation at the Annual Global Conference of the Council of Supply Chain Management Professionals for the 2011 Supply Chain Innovation Award, Philadelphia, October 4, 2011).
 
22
Helpful information was provided by the following individuals at L Brands: Rick Jackson, Mark Crone, Thomas Hellman, John Joseph, Chris Robeson, and Mike Sherman. The case study was coauthored by Iliana Filyanova of Ohio State University’s Fisher College of Business.
 
23
National Association of Manufacturers and the National Retail Federation, “The National Impact of a West Coast Port Stoppage,” Inforum Report, June 2014, https:// nrf.com/sites/default/files / Port%20Closure%20Full%20Report.pdf
 
Metadata
Title
Resilience in Supply Chain Management
Author
Joseph Fiksel
Copyright Year
2015
Publisher
Island Press/Center for Resource Economics
DOI
https://doi.org/10.5822/978-1-61091-588-5_6