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.

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.

Risk and Visibility in Supply Chains

2017 ◽  
pp. 34-57 ◽  
Author(s):  
Dario Messina ◽  
Cláudio Santos ◽  
António Lucas Soares ◽  
Ana Cristina Barros
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Information Management ◽  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Information Flows ◽  
Supply Chain Risk ◽  
Service Levels ◽  
Risk Mitigation Strategies ◽  
Internal Information

The emergence of complex supply chains is one of the most important consequences of globalization. The management of these supply chains requires increased efforts by organizations that, on one hand, are increasingly pressured by customers in terms of service levels, on the other hand, must manage their suppliers from various locations and with different local requirements. In this context, an appropriate management of information flows is needed to create the adequate visibility level for managing supply chain risk. This chapter presents an overview on the concepts of risk management, visibility and information management in supply chains. This study proposes a conceptual framework for the selection of risk mitigation strategies in the supply chain and characterizes the external and internal information flows decision makers need to implement two categories of risk mitigation strategies: redundancy and flexibility.

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.

Risk and Visibility in Supply Chains

2018 ◽  
pp. 1501-1524
Author(s):  
Dario Messina ◽  
Cláudio Santos ◽  
António Lucas Soares ◽  
Ana Cristina Barros
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Information Management ◽  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Information Flows ◽  
Supply Chain Risk ◽  
Service Levels ◽  
Risk Mitigation Strategies ◽  
Internal Information

The emergence of complex supply chains is one of the most important consequences of globalization. The management of these supply chains requires increased efforts by organizations that, on one hand, are increasingly pressured by customers in terms of service levels, on the other hand, must manage their suppliers from various locations and with different local requirements. In this context, an appropriate management of information flows is needed to create the adequate visibility level for managing supply chain risk. This chapter presents an overview on the concepts of risk management, visibility and information management in supply chains. This study proposes a conceptual framework for the selection of risk mitigation strategies in the supply chain and characterizes the external and internal information flows decision makers need to implement two categories of risk mitigation strategies: redundancy and flexibility.

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

2015 ◽  
pp. 1469-1489
Author(s):  
Mohd. Nishat Faisal
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chains ◽  
Risk Mitigation ◽  
Supply Chain Risk Management ◽  
Multiple Sources ◽  
Supply Chain Risk ◽  
Planning And Control ◽  
Managing 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.

scholarly journals Using IoT in Supply Chain Risk Management, to Enable Collaboration between Business, Community, and Government

Smart Cities ◽  
2021 ◽  
Vol 4 (3) ◽  
pp. 995-1003
Author(s):  
Li Meng
Keyword(s):  
Social Media ◽  
Risk Management ◽  
Supply Chain ◽  
Risk Mitigation ◽  
Value Added ◽  
Business Community ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Business Services ◽  
Difficult Times

The internet of things (IoT) and social media provide information related to disasters that could help businesses to strategically mitigate risks and optimize their supply chain during difficult times. This paper proposes a framework to show how business or supply chain enterprisers can collaborate with community and government in disaster supply chain risk management. Businesses must have an established risk mitigation plan, update it periodically and implement promptly. Community collaboration can build a resilient society, and government should play an important role in leading both financial and non-financial support during natural disasters and pandemic management. The IoT and social media are new mechanisms as a vocal point to enable government, ensuring trustworthiness of information, to provide the community with a means to express needs and feedback, and to assist business services to meet the changeable preferences under risk threats. Social media can be a collaborative effort between all the parties and helps make value added decisions efficiently in supply chain risk management.

scholarly journals Information-driven Supply Chain During a Catastrophic Event: COVID-19 Pandemic

2021 ◽  
pp. 2516600X2098735
Author(s):  
Mahdi Safa ◽  
Nomita Sharma ◽  
Pamela Zelbst
Keyword(s):  
Health Care ◽  
Supply Chain ◽  
Supply Chains ◽  
Inflection Point ◽  
Integrative Review ◽  
Supply Chain Risk ◽  
Catastrophic Event ◽  
Reform Agenda ◽  
Humanitarian Supply Chain

We learn painful lessons these days about the hidden weaknesses in the supply chains, while the surge reflects a new inflection point of the COVID-19 outbreak. Healthcare experts, politicians, academics, and supply chain practitioners need to collaborate to build a reform agenda and roadmap for our humanitarian supply chain. This study aims at investigating and assessing risks on the supply chain, especially for health care supplies. The theme of the article is based on the development of an information-driven model to help in the assessment of supply chain risk. An integrative review technique has been used to analyze literature to develop prepositions for the model. The main actors of the model are supply chain preparedness, supply chain risk, supply chain response, and supply chain recovery. The findings identify that timely preparation and assessment of supply chain risk can result in accurate adoption of the practices that can not only reduce supply chain risk but also enhance supply chain recovery during any catastrophic event.

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