Supply chain risk assessment with the functional quantification of lead time deviation. (6th July 2010)

• Record Type: Journal Article
• Authors: Buscher, Udo; Wels, Andreas
• Is Part Of: International journal of integrated supply management. Volume 5:Number 3(2010)
• Page Start: 197
• Page End: 213
• Publication Date: 2010-07-06
• Subjects: SCRM -- risk management -- quantitative risk assessment -- lead time deviation -- functional quantification -- integrated SCM -- supply chain management; Business logistics -- Periodicals; 658.7
• Languages: English
• ISSNs: 1477-5360

Abstract

The Supply Chain Risk Management (SCRM) is gaining an increasing interest. An overview about scientific papers in this area of investigation reveals a lack of methods assessing the Supply Chain (SC) risk. This paper identifies the lead time deviation as an appropriate variable to describe SC risk. We present a model which is able to quantify the immanent risk of all members of any SC in functional form.