I am a huge fan of Open Access in research and a while ago I was made aware of a book on supply chain management, which has recently been published under an open access license. The full book can be downloaded on the web site of the publisher.
The book contains 27 chapters / articles on a range of supply chain related topics, such as optimization, public sector supply chains, modeling and simulation, but also several papers which addressed supply chain risks in one way or the other.
I was especially interested in the risk related chapters, so I will give you a short overview on three of the papers:
The authors of the first paper propose a fuzzy-neural-network approach for demand forecasting. In supply chain management a test case for demand forecasting, has always been the bullwhip effect. The better your demand forecasting the less pronounced the bullwhip effect will be. And this can be a real money saver.
A simulation of their new approach shows that for a three tier supply chain (customer, retailer, factory) especially the fluctuations at the retailer can be reduced quite drastically (figure 1 a and b).
Continue reading "Supply Chain Management Book Review (Demand Forecasting, Resilience and Mapping)"
Originally posted by email@example.com (Daniel Dumke) at http://scrmblog.com/archives/312-Supply-Chain-Management-Book-Review-Demand-Forecasting,-Resilience-and-Mapping.html