scholarly journals Resilience-Enhancing Solution to Mitigate Risk for Sustainable Supply Chain—An Empirical Study of Elevator Manufacturing

Processes ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 596
Author(s):  
Chih-Hung Hsu ◽  
Ru-Yue Yu ◽  
An-Yuan Chang ◽  
Wen-Hong Chung ◽  
Wan-Ling Liu
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chains ◽  
Quality Function Deployment ◽  
Manufacturing Industry ◽  
Multicriteria Decision Making ◽  
Sustainable Supply Chain ◽  
Supply Chain Risk ◽  
Job Information ◽  
Disruption Risks

As the complexity of supply chains increases, the enhancement of resilience for mitigating sustainable disruption risks in supply chains is an important issue. Quality function deployment (QFD) has been successfully applied in many domains to solve multicriteria decision-making (MCDM) problems. However, research on developing two houses of quality to connect sustainable supply chain disruption risks, resilience capacities, and resilience-enhancing features in elevator manufacturing supply chains by using the MCDM approach is lacking. This study aims to develop a framework for exploring useful decision-making by integrating the MCDM approach and QFD. By applying the framework, supply chain resilience can be improved by identifying the major sustainable risks and the key resilience to mitigate these risks. Important managerial insights and practical implications are obtained from the framework implementation in a case study of the elevator manufacturing industry. To strengthen resilience and thus mitigate key risks, the most urgent tasks are to connect the working site and the backstage to enhance product development and design and to share real-time job information. When these features are strengthened, agility, capacity, and visibility can be improved. Finally, unexpected events lead to changes in supplier delivery dates, and factors such as typhoon and lack of critical capacities/skilled employees with the greatest impact can be alleviated. This framework will provide an effective and pragmatic approach for constructing sustainable supply chain risk resilience in the elevator manufacturing industry.

Managing Risk in Small and Medium Enterprises (SMEs) Supply Chains’ Using Quality Function Deployment (QFD) Approach

2013 ◽  
Vol 4 (1) ◽  
pp. 64-83 ◽  
Author(s):  
Mohd. Nishat Faisal
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Quality Function Deployment ◽  
Risk Mitigation ◽  
Current Status ◽  
Supply Chain Risk Management ◽  
Multiple Sources ◽  
Supply Chain Risk ◽  
Supply Chain Risks

Supply chain risk management (SCRM) is the process of risk mitigation in supply chains achieved through collaboration, coordination and application of risk management tools among the partners, to ensure continuity coupled with long-term profitability of the supply chain. Supply chain risks emanate from multiple sources and similarly risk mitigation in supply chains is dependent on several variables. The most difficult part of supply chain risk management is prioritizing risks and an understanding of the relationships among various types of risks and risk mitigation variables. Drawing from the standard framework, in this research a modified house of quality is developed to understand the relationships between various supply chain risks and risk mitigation variables. It helps to prioritize various risks and understand the current status of the supply chain and the deficient areas with regard to risk mitigation capabilities. The structured QFD process provides the supply chain managers a conceptual map that enables the improvement of planning and control of various risks that could impact a supply chain.

Sustainability, Risk, and Business Intelligence in Supply Chains

2016 ◽  
pp. 501-538 ◽  
Author(s):  
Merve Er Kara ◽  
Seniye Ümit Oktay Fırat
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Business Intelligence ◽  
Supply Chain Risk Management ◽  
Sustainable Supply Chain ◽  
Supply Chain Risk ◽  
Chain Management ◽  
Management Concepts ◽  
The Relationship

Sustainable Supply Chain Management has become one of the most important managerial trends nowadays. Companies can optimize their supply chains by integrating risk management and sustainability programs. This chapter explains sustainability and risk management concepts in supply chains and discusses the relationship between these two issues in a multidirectional way. Business Intelligence tools are addressed in terms of their role and importance in supporting the management of supply chains, their risks and sustainability. The aim of the chapter is to provide a background to better understand the link between supply chain risk management, sustainability and business intelligence.

Sustainability, Risk, and Business Intelligence in Supply Chains

2018 ◽  
pp. 1424-1461
Author(s):  
Merve Er Kara ◽  
Seniye Ümit Oktay Fırat
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Business Intelligence ◽  
Supply Chain Risk Management ◽  
Sustainable Supply Chain ◽  
Supply Chain Risk ◽  
Chain Management ◽  
Management Concepts ◽  
The Relationship

Sustainable Supply Chain Management has become one of the most important managerial trends nowadays. Companies can optimize their supply chains by integrating risk management and sustainability programs. This chapter explains sustainability and risk management concepts in supply chains and discusses the relationship between these two issues in a multidirectional way. Business Intelligence tools are addressed in terms of their role and importance in supporting the management of supply chains, their risks and sustainability. The aim of the chapter is to provide a background to better understand the link between supply chain risk management, sustainability and business intelligence.

An approach to evaluating sustainable supply chain risk management based on BWM and linguistic value soft set theory

2020 ◽  
Vol 39 (3) ◽  
pp. 4369-4382
Author(s):  
Xinrui Zhang ◽  
Bingzhen Sun ◽  
Xiangtang Chen ◽  
Xiaoli Chu ◽  
Jianan Yang
Keyword(s):  
Risk Factors ◽  
Decision Making ◽  
Risk Management ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Soft Set ◽  
Supply Chain Risk Management ◽  
Sustainable Supply Chain ◽  
Supply Chain Risk ◽  
Chain Management

Companies are attaching more and more importance to sustainable supply chain management (SSCM) as which makes the right strategy measures for companies. Due to the complexity of external environmental factors and internal structure, sustainable supply chain management is vulnerable to various risks. The purpose of this paper is to present a new two-stage approach for determining the best practitioner in Iran Pars Special Economic Energy Zone based on the sustainable supply chain risk management (SSCRM). The best and worst method (BWM) is used to determine the weight of risk factors. Then the method of linguistic value soft set is used to assess the impact of risk factors on each company’s sustainable supply chain which is a multiple attribute decision making problem with language preference in the second stage. Consequently, the ranking results of sustainable supply chain of each enterprise are obtained. This study contributes to finding the key risk factors of SSCRM. Evaluating these companies SSCRM with preference information, the best practitioner can obtain. The combination of BWM and linguistic value soft set approach provides a new nonparametric theoretical method and tool for this kind of decision-making problems with this background. At the same time, the conclusions of this study have guiding significance for the implementation of industrial supply chain. Limitations of the study along with future research directions are also presented.

scholarly journals Deploying Resilience Enablers to Mitigate Risks in Sustainable Fashion Supply Chains

2021 ◽  
Vol 13 (5) ◽  
pp. 2943
Author(s):  
Chih-Hung Hsu ◽  
An-Yuan Chang ◽  
Ting-Yi Zhang ◽  
Wei-Da Lin ◽  
Wan-Ling Liu
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Quality Function Deployment ◽  
Risk Mitigation ◽  
Complex Structure ◽  
Fashion Industry ◽  
Supply Chain Risk ◽  
Sustainable Supply Chains ◽  
New Strategy ◽  
Sustainable Fashion

The complex structure of supply chains makes them vulnerable to risk, so enhancing their resilience is an important goal. In particular, fashion supply chain research has identified two important issues that need to be addressed: sustainability and risk. However, investigation of these issues is relatively sparse and has primarily been independent with little combinatory research. Therefore, it is crucial to develop a risk mitigation method that can maximize the resilience of sustainable supply chains for fashion companies. The objective of this study is to develop an integrated quality function deployment approach and to mitigate supply chain risk by deploying resilience capabilities and resilience-enhancing features, thus ultimately providing the fashion industry with a useful approach for the development of resilient, sustainable supply chains. Using a fashion company as an example, the practicability of the proposed approach is verified. To strengthen resilience and thus mitigate key risks, it is found that the most urgent tasks are to reallocate the company’s resources, to carry out the real-time monitoring of risk on the spot, to share the risk responsibility, and to establish an incentive system. When these features are strengthened, agility and adaptability can be improved, and finally, the risks of supplier delays, natural disasters, political instability, and problematic supplier materials with the greatest impact can be alleviated. This study provides a new strategy for the fashion industry for the implementation of resilient, sustainable supply chains to mitigate risks.

Post COVID-19 Potentials and Innovation: The Future Supply Chain

2020 ◽  
Vol 11 (SPL1) ◽  
pp. 1054-1057
Author(s):  
Bindu Swetha Pasuluri ◽  
Anuradha S G ◽  
Manga J ◽  
Deepak Karanam
Keyword(s):  
Mental Health ◽  
Decision Making ◽  
Supply Chain ◽  
Supply Chains ◽  
World Health Organization ◽  
World Wide ◽  
World Health ◽  
Future Supply ◽  
Entire World ◽  
Health Organization

An unanticipated outburst of pneumonia of inexperienced in Wuhan, , China stated in December 2019. World health organization has recognized pathogen and termed it COVID-19. COVID-19 turned out to be a severe urgency in the entire world. The influence of this viral syndrome is now an intensifying concern. Covid-19 has changed our mutual calculus of ambiguity. It is more world-wide in possibility, more deeply , and much more difficult than any catastrophe that countries and organizations have ever faced. The next normal requires challenging ambiguity head-on and building it into decision-making. It is examined that every entity involved in running supply chains would require through major as employee, product, facility protocols, and transport would have to be in place. It is an urgent need of structuring to apply the lessons well-read for our supply chain setup. With higher managers now being aware of the intrinsic hazards in their supply chain, key and suggestions-recommendations will help to guide leader to commit to a newly planned, more consistent supply chain setup. Besides, the employees’ mental health is also a great concern.

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