Methods toward supply chain risk analysis

Roshan R. Pai, Venkata R. Kallepalli, Reggie J. Caudill, Meng Chu Zhou

Research output: Contribution to journalConference articlepeer-review

55 Scopus citations

Abstract

Recent events like the 9/11 terrorist attack on the World Trade Center and the 11-day work stoppage at 29 West Coast ports have exposed the vulnerabilities of a key element of America's economic infrastructure-business supply chains. To sustain business in today's new risk environment, it is necessary to assess the vulnerability of business chains and develop continuity and operational plans to mitigate consequences and assure continuation of critical processes. This paper reviews existing techniques used in decision making for risk analysis and presents a modeling and analysis framework for assessing business risk and evaluating safeguards to secure the supply chain.

Original languageEnglish (US)
Pages (from-to)4560-4565
Number of pages6
JournalProceedings of the IEEE International Conference on Systems, Man and Cybernetics
Volume5
StatePublished - Nov 24 2003
EventSystem Security and Assurance - Washington, DC, United States
Duration: Oct 5 2003Oct 8 2003

All Science Journal Classification (ASJC) codes

  • Control and Systems Engineering
  • Hardware and Architecture

Keywords

  • Continuity planning
  • Risk analysis
  • Risk influence networks
  • Security
  • Supply chain management
  • Sustainability
  • Uncertainty
  • Vulnerability

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