Title: Proactive logistics risk management – a system dynamics modelling approach

Authors: Sami Kara, Berman Kayis

Addresses: The School of Mechanical and Manufacturing Engineering, University of New South Wales, Sydney 2052, Australia. ' The School of Mechanical and Manufacturing Engineering, University of New South Wales, Sydney 2052, Australia

Abstract: The relationships among organisations, suppliers as well as customers have resulted in complex logistics networks and have led to an increased set of risks that need to be managed in multi-site, multi-partner projects. In this article, a framework is built which incorporates both scientific and industrial feedback gathered. A system dynamics approach is utilised which simulates several risks identified in supply chain networks to establish inter and intra-relationships between various risk factors in the entire enhanced network of engineering projects. The environmental, organisational and supply chain networks related issues are considered by developing several influence diagrams for proactive logistics management.

Keywords: risk management; logistics management; supply chain risk; supply chain management; SCM; system dynamics; modelling.

DOI: 10.1504/IJRAM.2008.021375

International Journal of Risk Assessment and Management, 2008 Vol.10 No.3, pp.224 - 237

Published online: 20 Nov 2008 *

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