Supply Chain Resilience Roadmaps for Major Disruptions
Open Access
Abstract
Background: Unexpected events or major supply chain disruptions have demonstrated the vulnerability in which supply chains operate. While supply chains are usually prepared for operational disruptions, unexpected or black swan events are widely disregarded, as there is no reliable way to forecast them. However, this kind of event could rapidly and seriously deteriorate supply chain performance, and ignoring that possibility could lead to devastating consequences. Methods: In this paper, definitions of major disruptions and the methods to cope with them are studied. Additionally, a methodology to develop supply chain resilience roadmaps is conceptualised by analysing existing literature to help plan for unexpected events. Results: The methodology is introduced to create roadmaps comprises several stages, including supply chain exploration, scenario planning, system analysis, definition of strategies, and signal monitoring. Each roadmap contains the description of a plausible future in terms of supply chain disruptions and the strategies to implement to help mitigate negative impacts. Conclusions: The creation of roadmaps calls for an anticipatory mindset from all members along the supply chain. The roadmaps development establishes the foundations for a holistic supply chain disruption preparation and analysis.Keywords
Funding Information
- Cape Breton University (4081046,4081156)
This publication has 67 references indexed in Scilit:
- An Empirically Derived Framework of Global Supply ResiliencyJournal of Business Logistics, 2011
- ENSURING SUPPLY CHAIN RESILIENCE: DEVELOPMENT OF A CONCEPTUAL FRAMEWORKJournal of Business Logistics, 2010
- Dragon-Kings, Black Swans and the Prediction of CrisesSSRN Electronic Journal, 2009
- Proactive planning for catastrophic events in supply chainsJournal of Operations Management, 2008
- The impact of transportation disruptions on supply chain performanceTransportation Research Part E: Logistics and Transportation Review, 2007
- The Severity of Supply Chain Disruptions: Design Characteristics and Mitigation CapabilitiesDecision Sciences, 2007
- Perspectives in supply chain risk managementInternational Journal of Production Economics, 2006
- Managing Disruption Risks in Supply ChainsProduction and Operations Management, 2005
- Building the Resilient Supply ChainThe International Journal of Logistics Management, 2004
- Forecasting with scenariosEuropean Journal of Operational Research, 1993