On the analytical framework of resilient supply-chain network assessing excursion events

Arijit Bhattacharya, John Geraghty, Paul Young

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

5 Citations (Scopus)

Abstract

This paper conceptualises an analytical framework meant for resiliency of supply-chain networks by assessing excursion events. Modern Supply-Chain Networks (SCNs) face excursion events of various kinds mainly due to uncertain and turbulent markets, catastrophes, accidents, industrial disputes/strikes in organisations and terrorism. An "excursion event" is an unpredictable event that effectively shuts-down or negatively impacts the performance of at least one node/member of a system for a relatively long amount of time. In this paper, an analytical framework has been conceptualised that prevents a SCN to propagate the effects of the "excursion events" further and maintains the network at desired equilibrium level. The gestated quantitative decision-support approach facilitates the assessment of resilient strategies for SCNs prone to excursion events that are characterised by Low Probability of occurrence and High Impact (LPHI).

Original languageEnglish
Title of host publicationProceedings - 2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009
Pages392-397
Number of pages6
DOIs
Publication statusPublished - 12 Oct 2009
Externally publishedYes
Event2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009 - Bandung, Bali, Indonesia
Duration: 25 May 200926 May 2009

Publication series

NameProceedings - 2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009

Conference

Conference2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009
CountryIndonesia
CityBandung, Bali
Period25/05/0926/05/09

Cite this