Session TB3 - Risk Management

Day Thursday, October 18, 2007
Room University

Presentations

10h45 AM-
11h20 AM
Risk Management in the Electronic Supply Chain
  Anne Banks Pidduck, University of Waterloo, apidduck@uwaterloo.ca
 

Organizations want to reduce risks and prevent difficulties before they occur. Contrary to popular belief, our work shows that many security, privacy, organizational and technical problems can be identified and averted before they trigger a major crisis.
Our research applied traditional risk management approaches to the use of supply chain systems. The study began with a review of risk management, the electronic supply chain and popular systems. Next, we identified and categorized specific potential risks in the electronic supply chain, such as inadequate system integration, deficient information or surplus inventory. Possible resolutions, including phased implementation, staff training and flexible business practices were proposed. Our results offer a variety of recommendations to help organizations mitigate risks in supply chain management systems.


11h25 AM-
12h00 PM
A SUPPLY CHAIN RISK MANAGEMENT PROCESS
 

Wolfgang Kersten, Hamburg University of Technology, Germany

Philipp Hohrath, Hamburg University of Technology, Germany, Philipp.hohrath@tuhh.de

 

One of the main challenges companies are faced with today arise from the adoption of lean management techniques onto their supply networks. The improving efficiency of supply chains and the increasing globalization of transportation networks cause uncertainties on companies’ supply and demand sides. The strongly specialized interfaces and the close linkages between their business processes lead to a greater dependence of supply chain partners on each other. The close co-operation inside these supply networks in combination with the reduction of inventory increases the risk exposure of companies in a supply chain.
This paper will sketch a process for systematic supply chain risk management. Starting from a holistic perspective of supply networks the origins of risks and uncertainties within the networks will be identified. Furthermore, based on the definition and classification of supply chain risk, suitable strategies for an inter-organizational approach to risk management will be developed.
The paper will be based on findings from the literature as well as on an empirical investigation the Hamburg School of Logistics performed last year.