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Supply chain vulnerability assessment for manufacturing industry

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 vulne...

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Autores principales: Sharma, Satyendra Kumar, Srivastava, Praveen Ranjan, Kumar, Ajay, Jindal, Anil, Gupta, Shivam
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8196930/
https://www.ncbi.nlm.nih.gov/pubmed/34149141
http://dx.doi.org/10.1007/s10479-021-04155-4
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author Sharma, Satyendra Kumar
Srivastava, Praveen Ranjan
Kumar, Ajay
Jindal, Anil
Gupta, Shivam
author_facet Sharma, Satyendra Kumar
Srivastava, Praveen Ranjan
Kumar, Ajay
Jindal, Anil
Gupta, Shivam
author_sort Sharma, Satyendra Kumar
collection PubMed
description 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.
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spelling pubmed-81969302021-06-15 Supply chain vulnerability assessment for manufacturing industry Sharma, Satyendra Kumar Srivastava, Praveen Ranjan Kumar, Ajay Jindal, Anil Gupta, Shivam Ann Oper Res Original Research 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. Springer US 2021-06-12 /pmc/articles/PMC8196930/ /pubmed/34149141 http://dx.doi.org/10.1007/s10479-021-04155-4 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2021 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Original Research
Sharma, Satyendra Kumar
Srivastava, Praveen Ranjan
Kumar, Ajay
Jindal, Anil
Gupta, Shivam
Supply chain vulnerability assessment for manufacturing industry
title Supply chain vulnerability assessment for manufacturing industry
title_full Supply chain vulnerability assessment for manufacturing industry
title_fullStr Supply chain vulnerability assessment for manufacturing industry
title_full_unstemmed Supply chain vulnerability assessment for manufacturing industry
title_short Supply chain vulnerability assessment for manufacturing industry
title_sort supply chain vulnerability assessment for manufacturing industry
topic Original Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8196930/
https://www.ncbi.nlm.nih.gov/pubmed/34149141
http://dx.doi.org/10.1007/s10479-021-04155-4
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