A novel application of system survival signature in supply chain risk management

Abroon Qazi, John Quigley, Alex Dickson

Research output: Chapter in Book/Report/Conference proceedingConference contribution book

Abstract

Supply chains have become complex because of the globalization and outsourcing, and the lack of visibility across the entire network makes it difficult to manage the risks. The concept of 'System survival signature' has recently been developed for capturing the network configuration of a system comprising different types of components. Its utilization in the evaluation of system reliability is unique in terms of its capability of segregating the network signature from the probability distribution of failure time of components. We introduce this concept in the realm of supply chain risk management. This novel application can be helpful in evaluating supply network reliability through gauging two distinct features of network configuration and risk profiles of the suppliers. The application is illustrated with the help of two simple examples. The technique can be of significant value to the supply chain managers in taking strategic decisions concerning suppliers and network configuration. We have also adapted the existing risk importance measures in the field of reliability engineering for their application in the domain of supply network reliability.

LanguageEnglish
Title of host publicationProceedings of the 2015 Internati onal Conference on Industrial Engin eering and Operations Management Dubai, United Arab Emirates (UAE), March 3 – 5, 2015
Number of pages10
DOIs
Publication statusPublished - 5 Mar 2015
Event5th International Conference on Industrial Engineering and Operations Management, IEOM 2015 - Dubai, United Arab Emirates
Duration: 3 Mar 20155 Mar 2015

Conference

Conference5th International Conference on Industrial Engineering and Operations Management, IEOM 2015
CountryUnited Arab Emirates
CityDubai
Period3/03/155/03/15

Fingerprint

Supply chain management
Risk management
Supply chains
Gaging
Outsourcing
Visibility
Probability distributions
Managers
Supply risk management
Network configuration
Supply chain
Supply network
Network reliability
Suppliers

Keywords

  • network configuration
  • supply chain risk management
  • supply network reliability
  • system survival signature

Cite this

Qazi, A., Quigley, J., & Dickson, A. (2015). A novel application of system survival signature in supply chain risk management. In Proceedings of the 2015 Internati onal Conference on Industrial Engin eering and Operations Management Dubai, United Arab Emirates (UAE), March 3 – 5, 2015 https://doi.org/10.1109/IEOM.2015.7093771
Qazi, Abroon ; Quigley, John ; Dickson, Alex. / A novel application of system survival signature in supply chain risk management. Proceedings of the 2015 Internati onal Conference on Industrial Engin eering and Operations Management Dubai, United Arab Emirates (UAE), March 3 – 5, 2015 . 2015.
@inproceedings{a0b2ec0517844a9897655e99fd2c033f,
title = "A novel application of system survival signature in supply chain risk management",
abstract = "Supply chains have become complex because of the globalization and outsourcing, and the lack of visibility across the entire network makes it difficult to manage the risks. The concept of 'System survival signature' has recently been developed for capturing the network configuration of a system comprising different types of components. Its utilization in the evaluation of system reliability is unique in terms of its capability of segregating the network signature from the probability distribution of failure time of components. We introduce this concept in the realm of supply chain risk management. This novel application can be helpful in evaluating supply network reliability through gauging two distinct features of network configuration and risk profiles of the suppliers. The application is illustrated with the help of two simple examples. The technique can be of significant value to the supply chain managers in taking strategic decisions concerning suppliers and network configuration. We have also adapted the existing risk importance measures in the field of reliability engineering for their application in the domain of supply network reliability.",
keywords = "network configuration, supply chain risk management, supply network reliability, system survival signature",
author = "Abroon Qazi and John Quigley and Alex Dickson",
note = "(c) 2015 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other users, including reprinting/ republishing this material for advertising or promotional purposes, creating new collective works for resale or redistribution to servers or lists, or reuse of any copyrighted components of this work in other works.",
year = "2015",
month = "3",
day = "5",
doi = "10.1109/IEOM.2015.7093771",
language = "English",
isbn = "9781479960651",
booktitle = "Proceedings of the 2015 Internati onal Conference on Industrial Engin eering and Operations Management Dubai, United Arab Emirates (UAE), March 3 – 5, 2015",

}

Qazi, A, Quigley, J & Dickson, A 2015, A novel application of system survival signature in supply chain risk management. in Proceedings of the 2015 Internati onal Conference on Industrial Engin eering and Operations Management Dubai, United Arab Emirates (UAE), March 3 – 5, 2015 . 5th International Conference on Industrial Engineering and Operations Management, IEOM 2015, Dubai, United Arab Emirates, 3/03/15. https://doi.org/10.1109/IEOM.2015.7093771

A novel application of system survival signature in supply chain risk management. / Qazi, Abroon; Quigley, John; Dickson, Alex.

Proceedings of the 2015 Internati onal Conference on Industrial Engin eering and Operations Management Dubai, United Arab Emirates (UAE), March 3 – 5, 2015 . 2015.

Research output: Chapter in Book/Report/Conference proceedingConference contribution book

TY - GEN

T1 - A novel application of system survival signature in supply chain risk management

AU - Qazi, Abroon

AU - Quigley, John

AU - Dickson, Alex

N1 - (c) 2015 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other users, including reprinting/ republishing this material for advertising or promotional purposes, creating new collective works for resale or redistribution to servers or lists, or reuse of any copyrighted components of this work in other works.

PY - 2015/3/5

Y1 - 2015/3/5

N2 - Supply chains have become complex because of the globalization and outsourcing, and the lack of visibility across the entire network makes it difficult to manage the risks. The concept of 'System survival signature' has recently been developed for capturing the network configuration of a system comprising different types of components. Its utilization in the evaluation of system reliability is unique in terms of its capability of segregating the network signature from the probability distribution of failure time of components. We introduce this concept in the realm of supply chain risk management. This novel application can be helpful in evaluating supply network reliability through gauging two distinct features of network configuration and risk profiles of the suppliers. The application is illustrated with the help of two simple examples. The technique can be of significant value to the supply chain managers in taking strategic decisions concerning suppliers and network configuration. We have also adapted the existing risk importance measures in the field of reliability engineering for their application in the domain of supply network reliability.

AB - Supply chains have become complex because of the globalization and outsourcing, and the lack of visibility across the entire network makes it difficult to manage the risks. The concept of 'System survival signature' has recently been developed for capturing the network configuration of a system comprising different types of components. Its utilization in the evaluation of system reliability is unique in terms of its capability of segregating the network signature from the probability distribution of failure time of components. We introduce this concept in the realm of supply chain risk management. This novel application can be helpful in evaluating supply network reliability through gauging two distinct features of network configuration and risk profiles of the suppliers. The application is illustrated with the help of two simple examples. The technique can be of significant value to the supply chain managers in taking strategic decisions concerning suppliers and network configuration. We have also adapted the existing risk importance measures in the field of reliability engineering for their application in the domain of supply network reliability.

KW - network configuration

KW - supply chain risk management

KW - supply network reliability

KW - system survival signature

UR - http://www.scopus.com/inward/record.url?scp=84931040757&partnerID=8YFLogxK

U2 - 10.1109/IEOM.2015.7093771

DO - 10.1109/IEOM.2015.7093771

M3 - Conference contribution book

SN - 9781479960651

BT - Proceedings of the 2015 Internati onal Conference on Industrial Engin eering and Operations Management Dubai, United Arab Emirates (UAE), March 3 – 5, 2015

ER -

Qazi A, Quigley J, Dickson A. A novel application of system survival signature in supply chain risk management. In Proceedings of the 2015 Internati onal Conference on Industrial Engin eering and Operations Management Dubai, United Arab Emirates (UAE), March 3 – 5, 2015 . 2015 https://doi.org/10.1109/IEOM.2015.7093771