Supply chain risk mitigation: modeling the enablers

Faisal, Mohd. Nishat; Banwet, D.K.; Shankar, Ravi

doi:10.1108/14637150610678113

Cited by 475 publications

(100 citation statements)

References 51 publications

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“…Using the following rules, SSIM matrix symbols were altered to zeroes and ones, and the reachability matrix (Table 4) is achieved (Faisal et al 2006). 1.…”

Section: Reachability Matrixmentioning

confidence: 99%

Proposing an Agile Strategy for a Steel Industry Supply Chain Through the Integration of Balance Scorecard and Interpretive Structural Modeling

Tizroo

Esmaeili

Khaksar

et al. 2017

Journal of Business Economics and Management

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The internal and external environment of all organizations challenges them adapt to the best practices and reconsider their relationship throughout the supply chain. In this paper, the authors have tried to propose an agile strategy for the supply chain of a steel company, which ranks 3 rd in Iran in Gross Sale with 16,000 employees, in order to respond quickly to ever-changing needs. To do this, through the literature review the framework of balanced scorecard was utilized to structure agility factors in the supply chain of the steel industry. Then the experts were interviewed to reconcile on the factors identified. Utilizing 24 questionnaires by the use of Interpretive Structural Modeling framework, the relationship and sequence of factors were obtained from experts. The final model developed in the paper presents the agility factors for the steel industry supply chain. Also, these factors are grouped within the four perspectives of the BSC to better enhance the results and pursue action. The ISM method identifies the priority of each factor which provides a better understanding of the underlying relationship of the factors for the managers to implement the strategies more reliably. The proposed model for strategy formulation can be utilized in strategy formulation problems over various types of supply chain.

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“…Using the following rules, SSIM matrix symbols were altered to zeroes and ones, and the reachability matrix (Table 4) is achieved (Faisal et al 2006). 1.…”

Section: Reachability Matrixmentioning

confidence: 99%

Proposing an Agile Strategy for a Steel Industry Supply Chain Through the Integration of Balance Scorecard and Interpretive Structural Modeling

Tizroo

Esmaeili

Khaksar

et al. 2017

Journal of Business Economics and Management

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“…Post disruption collaboration can be measured in terms of the level of joint efforts to recover from flooding as shown in Table 5.2 [52]. According to the previous research, there are positive relationship between the frequency of interaction among supply chain networks and performance in disruption environment.…”

Section: Collaborationmentioning

confidence: 99%

A framework of factors affecting supply chain flood resilience

Chaidilok

Olapiriyakul

2017

2017 IEEE International Conference on Smart Grid and Smart Cities (ICSGSC)

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“…This methodology helps to identify and analyse the interrelationships among different elements of a system (Nishat Faisal et al, 2006). It also provides a visual representation of the importance and interactions among these elements.…”

Section: Interpretive Structural Modelling (Ism)mentioning

confidence: 99%

An integrated approach to evaluate suppliers in a sustainable supply chain

Petrudi¹,

Abdi²,

Goh³

2018

10.5267/j.uscm

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The purpose of this paper is to propose an integrated multiple criteria decision making (MCDM) approach to analyze interrelationships among sustainability criteria, weight them, and then evaluate suppliers according to these criteria. Data were collected through interviewing with seven experts who are involved in the procurement department of the case. Interpretive structural modelling (ISM), and pairwise comparison questionnaire are used to elicit the existence, strength of relationships among criteria and then weight them by using Fuzzy (Decision Making Trial and Evaluation Laboratory (FDEMATEL), Fuzzy Preference Programming (FPP), and Analytical Network Process (ANP). Then, Fuzzy Technique for Order of Preference by Similarity to Ideal Solution (FTOPSIS) is employed to evaluate suppliers based on identified and analyzed sustainability criteria. This study provides several implications for practitioners and scholars. First, the results show the efficiency of the proposed approach in practice. Second, respondents state that the proposed approach was very useful in decision making based on interrelationships among criteria, alternatives and policies. Third, findings validate the significant difference in rankings with or without considering interdependencies among criteria.

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Supply chain risk mitigation: modeling the enablers

Cited by 475 publications

References 51 publications

Proposing an Agile Strategy for a Steel Industry Supply Chain Through the Integration of Balance Scorecard and Interpretive Structural Modeling

Proposing an Agile Strategy for a Steel Industry Supply Chain Through the Integration of Balance Scorecard and Interpretive Structural Modeling

A framework of factors affecting supply chain flood resilience

An integrated approach to evaluate suppliers in a sustainable supply chain

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