Risk-Driven Supply Chain Design: Options and Trade-Offs in Complex Environments

Marcus Thiell () and Gordon Wilmsmeier ()
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Marcus Thiell: School of Management, Universidad de los Andes
Gordon Wilmsmeier: School of Management, Universidad de los Andes

A chapter in Global Logistics and Supply Chain Strategies for the 2020s, 2023, pp 289-306 from Springer

Abstract: Abstract This chapter discusses the relevance of different supply chain paradigms and depicts their differences and limitations in complex environments. Following a critical reflection on the validity of traditional cost, efficiency or agile dominant supply chain structures, the authors propose a framework that allows decision-makers to assess strategic supply chain design options and their trade-offs in complex environments. The framework constructs from ten dimensions each of which contains two opposed design options. The framework allows decision-makers to assess supply chain design options by defining importance of opposed options in each dimension. The authors exemplify the use of the framework via differentiating two extreme cases and present two mini cases for one commodity supply chain. In this regard, this chapter reflects on possible supply chain design responses to current and future complexity and provides decision-makers with a framework for a strategic assessment of their supply chain design options, considering their fragility in complex environments.

Keywords: Risk management; Systemic view; Data analytics (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-95764-3_17

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DOI: 10.1007/978-3-030-95764-3_17

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