On the analytical framework of resilient supply-chain network assessing excursion events

Bhattacharya, Arijit, Geraghty, John and Young, Paul (2009) On the analytical framework of resilient supply-chain network assessing excursion events. In: Proceedings - 2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009. Proceedings - 2009 3rd Asia International Conference on Modelling and Simulation, AMS 2009 . UNSPECIFIED, IDN, pp. 392-397. ISBN 9780769536484

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Abstract

This paper conceptualises an analytical framework meant for resiliency of supply-chain networks by assessing excursion events. Modern Supply-Chain Networks (SCNs) face excursion events of various kinds mainly due to uncertain and turbulent markets, catastrophes, accidents, industrial disputes/strikes in organisations and terrorism. An "excursion event" is an unpredictable event that effectively shuts-down or negatively impacts the performance of at least one node/member of a system for a relatively long amount of time. In this paper, an analytical framework has been conceptualised that prevents a SCN to propagate the effects of the "excursion events" further and maintains the network at desired equilibrium level. The gestated quantitative decision-support approach facilitates the assessment of resilient strategies for SCNs prone to excursion events that are characterised by Low Probability of occurrence and High Impact (LPHI).

Item Type: Book Section
Uncontrolled Keywords: computational theory and mathematics,software ,/dk/atira/pure/subjectarea/asjc/1700/1703
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Depositing User: LivePure Connector
Date Deposited: 05 May 2020 00:12
Last Modified: 14 Jun 2020 23:35
URI: https://ueaeprints.uea.ac.uk/id/eprint/75002
DOI: 10.1109/AMS.2009.29

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