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 language | English |
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| Title of host publication | Proceedings - 2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009 |
| Pages | 392-397 |
| Number of pages | 6 |
| DOIs | |
| Publication status | Published - 12 Oct 2009 |
| Externally published | Yes |
| Event | 2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009 - Bandung, Bali, Indonesia Duration: 25 May 2009 → 26 May 2009 |
Publication series
| Name | Proceedings - 2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009 |
|---|
Conference
| Conference | 2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009 |
|---|---|
| Country/Territory | Indonesia |
| City | Bandung, Bali |
| Period | 25/05/09 → 26/05/09 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 16 Peace, Justice and Strong Institutions
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