A model to evaluate supply chains in disruption events

Toma Kobayashi, Masaru Nakano

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

Abstract

Supply chain risk management is becoming increasingly necessary due to large-scale disasters. However, there is a trade-off between the long-term benefits of a supply chain and the disruption mitigation costs. Therefore, it is difficult to justify the high cost of risk countermeasures against such rare disruptions. Previous studies have discussed reducing risk in terms of mitigation and responsiveness to disruption events; however, many companies maintain low inventories and a single source supplier represented by just-in-time or lean manufacturing. Through interviews, we found that in addition to providing long-term benefits, maintaining low inventory can increase the efficiency of recovery activities. This study clarifies the effectiveness of a buffer inventory while considering risk mitigation and responsiveness by creating an evaluation model. A simulation model is used to determine the relationship between disruption time and buffer inventory.

Original languageEnglish
Title of host publicationAdvances in Production Management Systems
Subtitle of host publicationInnovative Production Management Towards Sustainable Growth - IFIP WG 5.7 International Conference, APMS 2015, Proceedings
EditorsHajime Mizuyama, Hironori Hibino, Dimitris Kiritsis, Shigeki Umeda, Gregor von Cieminski, Masaru Nakano
PublisherSpringer New York LLC
Pages308-315
Number of pages8
ISBN (Print)9783319227580
DOIs
Publication statusPublished - 2015
EventIFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2015 - Tokyo, Japan
Duration: 2015 Sep 72015 Sep 9

Publication series

NameIFIP Advances in Information and Communication Technology
Volume460
ISSN (Print)1868-4238

Other

OtherIFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2015
CountryJapan
CityTokyo
Period15/9/715/9/9

Keywords

  • Disruption events
  • Evaluation mode
  • Supply chain
  • Supply chain risk management

ASJC Scopus subject areas

  • Information Systems
  • Computer Networks and Communications
  • Information Systems and Management

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