TY - GEN
T1 - A model to evaluate supply chains in disruption events
AU - Kobayashi, Toma
AU - Nakano, Masaru
N1 - Funding Information:
This study was supported by the Ministry of Education, Culture, Sports, Science and Technology, Japan.
Publisher Copyright:
© IFIP International Federation for Information Processing 2015.
PY - 2015
Y1 - 2015
N2 - Supply chain risk management is becoming increasingly necessary due to large-scale disasters. However, there is a trade-off between the long-term benefits of a supply chain and the disruption mitigation costs. Therefore, it is difficult to justify the high cost of risk countermeasures against such rare disruptions. Previous studies have discussed reducing risk in terms of mitigation and responsiveness to disruption events; however, many companies maintain low inventories and a single source supplier represented by just-in-time or lean manufacturing. Through interviews, we found that in addition to providing long-term benefits, maintaining low inventory can increase the efficiency of recovery activities. This study clarifies the effectiveness of a buffer inventory while considering risk mitigation and responsiveness by creating an evaluation model. A simulation model is used to determine the relationship between disruption time and buffer inventory.
AB - Supply chain risk management is becoming increasingly necessary due to large-scale disasters. However, there is a trade-off between the long-term benefits of a supply chain and the disruption mitigation costs. Therefore, it is difficult to justify the high cost of risk countermeasures against such rare disruptions. Previous studies have discussed reducing risk in terms of mitigation and responsiveness to disruption events; however, many companies maintain low inventories and a single source supplier represented by just-in-time or lean manufacturing. Through interviews, we found that in addition to providing long-term benefits, maintaining low inventory can increase the efficiency of recovery activities. This study clarifies the effectiveness of a buffer inventory while considering risk mitigation and responsiveness by creating an evaluation model. A simulation model is used to determine the relationship between disruption time and buffer inventory.
KW - Disruption events
KW - Evaluation mode
KW - Supply chain
KW - Supply chain risk management
UR - http://www.scopus.com/inward/record.url?scp=84952039981&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84952039981&partnerID=8YFLogxK
U2 - 10.1007/978-3-319-22759-7_36
DO - 10.1007/978-3-319-22759-7_36
M3 - Conference contribution
AN - SCOPUS:84952039981
SN - 9783319227580
T3 - IFIP Advances in Information and Communication Technology
SP - 308
EP - 315
BT - Advances in Production Management Systems
A2 - Mizuyama, Hajime
A2 - Hibino, Hironori
A2 - Kiritsis, Dimitris
A2 - Umeda, Shigeki
A2 - von Cieminski, Gregor
A2 - Nakano, Masaru
PB - Springer New York LLC
T2 - IFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2015
Y2 - 7 September 2015 through 9 September 2015
ER -