The Risk Elasticity Measure Index Exploration of Supply Chain and Mechanism Research

Abstract

Abstract:The modern supply chain were more vulnerable to risk, supply chain risk mainly comes from many aspects of the internal and external environment, the supply chain industry products background, upstream and downstream supply chain relationship, decision support. The study found that the need to establish information sharing mechanism, multilevel supply chain defense system, the principal-agent mechanism and supply chain emergency mechanism to build flexible supply chain, in order to achieve the purpose of supply chain risk management. In this paper, the establishment of a complete supply chain model with variable structure, through the simulation method for quantitative observation of supply chain flexibility curve, and abstract to describe the elastic curve of a set of parameters; after the design of simulation experiment to observe the different supply chain structure parameters (inventory level, supply chain, supplier selection for number of sources) influence supply chain resilience curve. At the same time to observe and analyze the supply chain by the recovery phenomena rules in the process of risk impact and elastic. And finally the quantitative impact evaluation of supply chain structure parameters on the supply chain flexibility.

A literature review on quantitative models for supply chain risk management: Can they be applied to pandemic disruptions?

“…Simulation models have been developed to analyse different risk scenarios and investigate the impact of disruptive events on supply chains ( Berle et al, 2013 ), testing also specific actions to reduce and mitigate the effect, with a focus on risk ( Panova & Hilletofth, 2018 ), resilience (Schmitt & Sing, 2012), or flexibility ( Hong, 2015 ).…”

A Systematic Literature Review of Supply Chain Resilience in Small–Medium Enterprises (SMEs): A Call for Further Research

“…Most of the remaining sector studies indicate vulnerabilities as well as strengths of SME resilience based on SMEs' size and scope. For example, Hui-Hong et al [53] found that some SMEs suffered negatively by the global recession. Some overseas Japanese SMEs in the electronic manufacturing sector thrived and grew either because they adopted new technology, developed negotiation powers to achieve economies of scale through acquisitions, or reorganized their manufacturing.…”

“…Hui-Hong et al [53] found that although some SMEs suffered negatively from the impacts of the global recession, some Japanese SMEs in the electronic manufacturing sector thrived and grew either because they adopted IT technology to overcome this, developed negotiation powers to achieve economies of scale through acquisitions, or by reorganizing their manufacturing supply chain. Some authors discussed the potential of using information systems to build resilience in a network of SMEs.…”