Biblio

Every company will largely depend on other companies. This will help unite a large business process. Risks that arise from other companies will affect the business performance of a company. Because of this, the right choice for suppliers is crucial. Each vendor has different characteristics. Everything is not always suitable basically the selection process is quite complex and risky. This has led to a new case study which has been studied for years by researchers known as Supplier Selection Problems. Selection of vendors with multi-criteria decision making has been widely studied over years ago. The Best Worst Method is a new science in Multi-Criteria Decision Making (MCDM) determination. In this research, taking case study at XYZ company is in Indonesia which is engaged in mining and industry. The research utilized the transaction data that have been recorded by the XYZ company and analyzed vendor valuation. The weighting of Best Worst Method is calculated based on vendor assessment result. The results show that XYZ company still focuses on Price as its key criteria.

We consider a pharmaceutical supply chain where the manufacturer sources a customized product with unique attributes from a set of unreliable suppliers. We model the likelihood of a supplier to successfully deliver the product via Bayesian logistic regression and use simulation to obtain the posterior distribution of the unknown parameters of this model. We study the role of so-called input-model uncertainty in estimating the likelihood of the supply failure, which is the probability that none of the suppliers in a given supplier portfolio can successfully deliver the product. We investigate how the input-model uncertainty changes with respect to the characteristics of the historical data on the past realizations of the supplier performances and the product attributes.

Risk Assessment is a foundation of decision-making about a future project behaviour or action. The related decision made might entail further analyzes to perform risk- reduction. The risk is a general phenomenon that takes different depicts and types. Static risk and its circumstances do not significantly change over time while dynamic risk arises out of the changes in interrelated circumstances. A Multi-Agent System (MAS) approach has become a popular tool to tackle different problems that relate to risk. The MAS helps in the decision aid processes and when responding to the consequences of the risk. This paper surveys some of the existing methods and techniques of risk assessment in different application domains. The survey focuses on the employment of MAS approach in risk assessment. The survey outcomes an illustration of the roles and contributions of the MAS in the Dynamic Risk Assessment (DRA) field.

The aim of the study is to evaluate the consistency of supplier risk assessment performed during the supplier selection process. Existing literature indicates that current supplier selection processes yield inconsistent results. Consistent supplier selection cannot be accomplished without stable risk assessment performed during the process. A case study was conducted in a train manufacturer in South Africa, and document analysis, interviews and questionnaires were employed to source information and data. Triangulation and pattern matching enabled a comparative study between literature and practice from which findings were derived. The study suggests selection criteria that may be considered when performing supplier risk assessment during the selection process. The findings indicate that structured supplier risk assessment with predefined supplier selection criteria may eliminate inconsistencies in supplier assessment and selection.

Every company may be located at the junction of several Supply Chains (SCs) to meet the requirements of many different end customers. To achieve a sustainable competitive advantage over its business rivals, a company needs to continuously improve its relations to its different stakeholders as well as its performance in terms of integrating its decision processes and hence, its communication and information systems. Furthermore, customers' growing awareness of green and sustainable matters and new national and international regulations force enterprises to rethink their whole system. In this paper we propose a model to quantify the identified potential risks to assist in designing or re-designing a supply chain. So that managers may take adequate decisions to have the continuing ability of satisfying customers' requirements. A case study, developed at kuehne + nagel Luxembourg is provided.

Information and systems are the most valuable asset of almost all global organizations. Thus, sufficient security is key to protect these assets. The reliability and security of a manufacturing company's supply chain are key concerns as it manages assurance & quality of supply. Traditional concerns such as physical security, disasters, political issues & counterfeiting remain, but cyber security is an area of growing interest. Statistics show that cyber-attacks still continue with no signs of slowing down. Technical controls, no matter how good, will only take the company thus far since no usable system is 100 percent secure or impenetrable. Evaluating the security vulnerabilities of one organization and taking the action to mitigate the risks will strengthen the layer of protection in the manufacturing company's supply chain. In this paper, the researchers created an IT Security Assessment Tool to facilitate the evaluation of the sufficiency of policy, procedures, and controls implemented by semiconductor companies. The proposed IT Security Assessment Tool was developed considering the factors that are critical in protecting the information and systems of various semiconductor companies. Subsequently, the created IT Security Assessment Tool was used to evaluate existing semiconductor companies to identify their areas of security vulnerabilities. The result shows that all suppliers visited do not have cyber security programs and most dwell on physical and network security controls. Best practices were shared and action items were suggested to improve the security controls and minimize risk of service disruption for customers, theft of sensitive data and reputation damage.

This paper firstly defines the importance index of several types of nodes from the local and global attributes of the supply chain network, analyzes the propagation effect of the nodes after the risk is generated from the perspective of the network topology, and forms multidimensional structural attributes that describe node risk propagation capabilities of the supply chain network. Then the indicators of the structure attributes of the supply chain network are simplified based on PCA (Principal Component Analysis). Finally, a risk assessment model of node risk propagation is constructed using BP neural network. This paper also takes 4G smart phone industry chain data as an example to verify the validity of the proposed model.