Mauricio F. Blos, Nagaoka University of Technology, Professor, Chung Yuan Christian University, Hui-Ming Wee and Joshua Yang, University of Liverpool
Abstract
Innovation challenges for handling supply chain risks have become one of the most important drivers in business competitiveness and differentiation. This study analyses competitiveness at the external supply chain level as a driver of risks and provides a framework for mitigating these risks. The mitigation framework, also called the supply chain continuity framework, provides insight into six stages of the business continuity planning (BCP) process life cycle (risk mitigation management, business impact analysis, supply continuity strategy development, supply continuity plan development, supply continuity plan testing and supply continuity plan maintenance), together with the operational constructs: customer service, inventory management, flexibility, time to market, ordering cycle time and quality. The purpose of the BCP process life cycle and operational constructs working together is to emphasise the way in which a supply chain can deal with disruption risks and, consequently, bring competitive advantage. Future research will consider the new risk scenarios and analyse the consequences to promote the improvement of supply chain resilience.
Keywords
competitiveness, supply chain continuity, BCP process life cycle, operational constructs
Mauricio F. Blos is currently a doctoral candidate at Nagaoka University of Technology (Risk Management Laboratory), Japan. He holds an MEng from this university and laboratory and a post-graduate qualification in supply chain management from the University of San Francisco. His work has been published in a number of journals, including the Journal of Advanced Manufacturing Systems, Supply Chain Management: An International Journal, International Journal of Information & Decision Science and Journal of Information Processing.
Hui-Ming Wee is a professor in the Department of Industrial and Systems Engineering at Chung Yuan Christian University in Taiwan. He received his BSc (hons) in electrical and electronic engineering from Strathclyde University, MEng in industrial engineering and management from the Asian Institute of Technology and PhD in industrial engineering from Cleveland State University, Ohio. His research interests are in the field of production/inventory control, optimisation and supply chain management. His publications include four books and 300 refereed journal papers.
Joshua Yang is in the process of finishing an MSc degree in operations and supply chain management at the University of Liverpool, UK. He graduated in business administration from the National Taiwan University of Science and Technology. He has more than 15 years of work experience, including eight years in the global supply chain management field.
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