Rethinking the Management of Technological Innovations, Product Complexity and Modularity: The Effects of Low-Probability, High-Impact Events on Automotive Supply Chains

Adrian E. Coronado Mondragon () and Christian E. Coronado Mondragon ()
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Adrian E. Coronado Mondragon: Royal Holloway University of London
Christian E. Coronado Mondragon: Fisheries and Marine Institute of Memorial University of Newfoundland

A chapter in Driving the Economy through Innovation and Entrepreneurship, 2013, pp 525-535 from Springer

Abstract: Abstract Japan’s tidal wave of 2011 represented a Black Swan, one low-probability, high-impact event that disrupted supply chains all over the world. The automotive sector, characterized for the extensive use of modularity to handle technological innovations and product complexity, was severely affected. A review is provided of the implications of the 2011 Black Swans on supply chains of automotive modules that use complex electronic components such as microcontroller units (MCUs). The disruptions to the supply of MCU-based modules prompted to discuss the supplier park model, resulting in the generation of a solution that has the potential to mitigate future Black Swans effects.

Keywords: Supply Chain; Controller Area Network; Global Supply Chain; Black Swan; Supply Chain Risk (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-81-322-0746-7_43

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DOI: 10.1007/978-81-322-0746-7_43

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