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The Influence of Seismic Activity on Supply Chain Management:
Preparation and Response
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Few industries have been spared from the supply shortages of components, ranging from semiconductor chips to metal forgings and rubber. Toyota and Honda have shut down temporarily within Japan, Apple may see delayed shipments of the recently released iPad2, and Boeing’s new 787 Dreamliner could see further delays …. MHD Supply Chain
Solutions May 2011.
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An international survey of more than 550 organizations from over 60 countries, which considers the causes and consequences of disruption,
the techniques and approaches to identify key supply chains, and methods to gain assurance of resilience capability
The Extended Supply Chain
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A Global Footprint
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Preparing for Disruption
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Identify Risk Factors
Determine Exposure
Define Mitigation Strategies
Implement and Monitor Practices
Identifying Risk
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Like
liho
od
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7(Falasca et al 2008)
Using multiple sources and classifying risks into:
• Supply
• Operations
• Demand
• Security
Identify Risk Factors
Determine Exposure
Define Mitigation Strategies
Implement and Monitor Practices
Determining Exposure
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sity
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High
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High
(Falasca et al 2008)
Identify Risk Factors
Determine Exposure
Define Mitigation Strategies
Implement and Monitor Practices
Defining Mitigation Strategies
• Avoidance
• Postponement
• Speculation
• Hedging
• Control
• Sharing
• Transferring
• Security6/3/2014 9
Identify Risk Factors
Determine Exposure
Define Mitigation Strategies
Implement and Monitor Practices
Implementing Strategies
Enablers of risk strategy implementation:
• Complexity management
• Organizational learning
• Information technology
• Performance metrics
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Identify Risk Factors
Determine Exposure
Define Mitigation Strategies
Implement and Monitor Practices
Responding to Events
6/3/2014 11(Tierney and Bruneau, 2007)
Resilience
Broader Responses to Events(Companies)
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Broader Responses to Events(Organizations)
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Broader Responses to Events(Government Entities)
