Supply Chain Risk Management Review and a New Framework for Petroleum Supply Chains

Fernandes, Lúcia; Barbosa‐Póvoa, Ana Paula; Relvas, Susana

doi:10.1007/978-3-642-19339-2_20

Cited by 11 publications

(6 citation statements)

References 225 publications

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“…The complexities of SCM are rising, and the networks are becoming more complex, resulting in more uncertainty in the business environment (MeInyk et al 2005;Sofyalıoglu and Kartal 2012;Thun et al 2011;Verbano and Venturini 2011). These represent risk events in supply chains that impact the entire supply chain network (Cagliano et al 2012;Fernandes et al 2011;Xanthopoulos et al 2012). A risk event is an indicator of a threat that disrupts a supply chain (Fernandes et al 2011;Huang et al 2009).…”

Section: Introductionmentioning

confidence: 99%

“…These represent risk events in supply chains that impact the entire supply chain network (Cagliano et al 2012;Fernandes et al 2011;Xanthopoulos et al 2012). A risk event is an indicator of a threat that disrupts a supply chain (Fernandes et al 2011;Huang et al 2009). Global supply chains have many challenges and greater risks (Blackhurst et al 2005;Chopra and Sodhi 2004;Tang 2007).…”

Section: Introductionmentioning

confidence: 99%

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Supply Chain Risk Management: Literature Review

Gurtu

Johny

2021

Risks

134

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The risks associated with global supply chain management has created a discourse among practitioners and academics. This is evident by the business uncertainties growing in supply chain management, which pose threats to the entire network flow and economy. This paper aims to review the existing literature on risk factors in supply chain management in an uncertain and competitive business environment. Papers that contained the word “risk” in their titles, keywords, or abstracts were selected for conducting the theoretical analyses. Supply chain risk management is an integral function of the supply network. It faces unpredictable challenges due to nations’ economic policies and globalization, which have raised uncertainty and challenges for supply chain organizations. These significantly affect the financial performance of the organizations and the economy of a nation. Debate on supply chain risk management may promote competitiveness in business. Risk mitigation strategies will reduce the impact caused due to natural and human-made disasters.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Supply Chain Risk Management: Literature Review

Gurtu

Johny

2021

Risks

134

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“…In contrast, Fernandes, Barbosa-Póvoa and Relvas (2011) and Amor and Ghorbel (2018) looked at SCRM in the context of Petroleum Supply Chains. Fernandes et al (2011) identified specific risks associated with supply, demand, operations, and information systems and mitigation strategies to reduce the risks (Fernandes, Barbosa-Póvoa et Relvas, 2011). Amor and Ghorbel (2018) determined that risk is dependent on certain operations within the SC and whether the country is a net importer or a net exporter .…”

Section: Supply Chain Managementmentioning

confidence: 99%

Tactical supply chain planning after mergers under uncertainty with an application in oil and gas

ALNAQBI

Trochu

Dweiri

et al. 2023

Computers & Industrial Engineering

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“…Similarly, constraint (20) enforces that resources operate only in operating depots. Constraint (21) enforces that resources are installed only in installed depots. Constraint (22) enforces that resources are installed in order to operate.…”

Section: ∑ ∑mentioning

confidence: 99%

“…Shah et al 2 focused on the methodologies used to address the scheduling, planning, and supply chain management of oil refinery operations. Fernandes et al 21 studied the SCM literature for insights to the PSC. The paper analyzed different publications in the area and identified the future challenges to be addressed: improvement of models for refinery operations and integrated models for supply chain management.…”

Section: Introductionmentioning

confidence: 99%

Collaborative Design and Tactical Planning of Downstream Petroleum Supply Chains

Fernandes

Relvas

Barbosa‐Póvoa

2014

Ind. Eng. Chem. Res.

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Petroleum Supply Chains (PSCs) are complex systems of petroleum entities, products, and distribution logistics, where efficient network design and planning are critical. In this paper, a dynamic mixed-integer linear program (MILP) is presented for its collaborative design and tactical planning with multistage inventories, extending the work in Fernandes et al. [Chem. Eng. Res. Des. 2013, 91, 1557–1587]. The model determines the optimal design with multientity supply, installations, and resource capacity sharing with prices incorporating economies of scale, while fulfilling customer demand for a multientity, multiechelon, multitransportation, and multiproduct downstream PSC. Collaborative planning permits multiechelon profit maximization, where the entities incorporate profits from partly owned refineries, storage depots, and transportation and retail infrastructures. The dynamic MILP is tested for the real-case Portuguese PSC network, considering production at local refineries and supply from a regional hub, obtaining current, grassroots, and retrofit designs for the single-entity and multientity networks.

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Supply Chain Risk Management Review and a New Framework for Petroleum Supply Chains

Cited by 11 publications

References 225 publications

Supply Chain Risk Management: Literature Review

Supply Chain Risk Management: Literature Review

Tactical supply chain planning after mergers under uncertainty with an application in oil and gas

Collaborative Design and Tactical Planning of Downstream Petroleum Supply Chains

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