EconPapers    
Economics at your fingertips  
 

Risk assessment in multimodal supply chains

Jyri P.P. Vilko and Jukka M. Hallikas

International Journal of Production Economics, 2012, vol. 140, issue 2, 586-595

Abstract: Complexity and disintegration are emerging as major challenges in supply-chain risk management. It has become more difficult to identify risks as supply-chain operations have fallen into the hands of outside service providers, and are therefore less visible. The risks, their identification and impact depend on the position of the companies in the chain, and on the level of analysis they can carry out. In this paper we present preliminary research concepts and findings concerning the identification and analysis of risks in multimodal supply chains. Our research approach is holistic, and incorporates perspectives from different parts of the chain. The multimodal maritime supply chain in focus runs from the Gulf of Finland to the Finnish mainland. We map the process and the structure, and present a new framework for categorizing the risks in terms of their driver factors in order to assess the overall impact on the performance of the supply chain. Finally, we analyze the risk impacts in terms of delays in the chain by means of Monte-Carlo-based simulation.

Keywords: Supply chain risk assessment; Risk identification; Multimodal supply chains (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0925527311003963
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:140:y:2012:i:2:p:586-595

DOI: 10.1016/j.ijpe.2011.09.010

Access Statistics for this article

International Journal of Production Economics is currently edited by Stefan Minner

More articles in International Journal of Production Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:proeco:v:140:y:2012:i:2:p:586-595