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A General Framework for Evaluating Supply Chain Resilience

[+] Author Affiliations
Xi Chen, Pengyuan Jing, Zhimin Xi

University of Michigan, Dearborn, MI

Paper No. DETC2016-59304, pp. V02AT03A043; 10 pages
doi:10.1115/DETC2016-59304
From:
  • ASME 2016 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference
  • Volume 2A: 42nd Design Automation Conference
  • Charlotte, North Carolina, USA, August 21–24, 2016
  • Conference Sponsors: Design Engineering Division, Computers and Information in Engineering Division
  • ISBN: 978-0-7918-5010-7
  • Copyright © 2016 by ASME

abstract

As the frequency of supply chain disruptions rises, businesses are increasingly realizing the value of supply chain resilience. A number of efforts has been devoted to define supply chain resilience or to develop risk mitigation strategies in order to maximize supply chain resilience. However, very few scholarly work has attempted to address how supply chain resilience should be quantified. This paper is dedicated to fill this gap by proposing a general framework for evaluating supply chain resilience. The proposed framework captures risks involved in the supply, the demand, the firm itself, and the external environment. In addition to risks, the framework also relates resilience to the supply chain’s risk prognosis capabilities, recover agility and recover time tolerance. Two example applications are used to demonstrate how this framework can be utilized to assess the effectiveness of risk mitigation strategies in supply chain design.

Copyright © 2016 by ASME

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