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Postponement in supply chain risk management: a complexity perspective.

Authors :
Yang, Biao
Yang, Ying
Source :
International Journal of Production Research; Apr2010, Vol. 48 Issue 7, p1901-1912, 12p
Publication Year :
2010

Abstract

While the poor response implications of supply are often not elaborated on in the literature, postponement has recently been mentioned as a useful tool for managing supply risk and disruptions. To interpret this in a more complete manner, this paper has attempted to explore the role of postponement in supply chain risk management from a complexity perspective. After a review of the relevant literature, it first draws insights emerging from normal accident theory that addresses the system characteristics of catastrophic accidents and applies them to supply chain disruptions. This is followed by the utilisation of normal accident theory to explain the role of postponement in supply chain risk management. Building on this, this paper also investigates the complexity implications of some commonly recommended measures to mitigate supply chain disruptions. In certain circumstances, the introduction of those measures may add to the complexity of a system and thus become inherently infeasible. The paper concludes with a summary and some suggestions for further research. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00207543
Volume :
48
Issue :
7
Database :
Complementary Index
Journal :
International Journal of Production Research
Publication Type :
Academic Journal
Accession number :
49143919
Full Text :
https://doi.org/10.1080/00207540902791850