Supply chain vulnerability assessment for manufacturing industry
Satyendra Kumar Sharma,
Praveen Ranjan Srivastava,
Ajay Kumar (),
Anil Jindal and
Shivam Gupta
Additional contact information
Satyendra Kumar Sharma: BITS Pilani
Praveen Ranjan Srivastava: Indian Institute of Management (IIM)
Ajay Kumar: AIM Research Center on Quantitative Methods in Business, EMLYON Business School
Anil Jindal: Maharaja Ranjit Singh Punjab Technical University
Shivam Gupta: NEOMA Business School
Annals of Operations Research, 2023, vol. 326, issue 2, No 3, 653-683
Abstract:
Abstract In today's business, environment natural and manmade disasters like recent event (Covid 19) have increased the attention of practitioners and researchers to Supply chain vulnerability. Purpose of this paper is to investigate and prioritize the factors that are responsible for supply chain vulnerability. Extant literature review and interviews with the experts helped to extract 26 supply chain vulnerability factors. Further, the relative criticality of vulnerability factors is assessed by analytical hierarchy process (AHP). Critical part supplier; location of supplier; long supply chain lead times; Fixing process owners and mis-aligned incentives in supply chain are identified as the most critical factors among twenty-six vulnerability factors. Research concludes that not only long and complex supply chain but supply chain practices adopted by firms also increase supply chain vulnerability. Relative assessment of vulnerability factors enables professionals to take appropriate mitigation strategies to make the supply chains more robust. This research adds in building a model for vulnerability factors that are internal to supply chain & controllable.
Keywords: Supply chain; Vulnerability; Drivers; AHP; Sensitivity analysis (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (3)
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DOI: 10.1007/s10479-021-04155-4
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