Analyze and Predict the Co‐movement Effect of Risks in the Supply Chain Management

Tzu‐Chun Weng ； Fang‐Ka Chan

《Research in Electronic Commerce Frontiers》 2卷 (2014/11) Pp. 6-13

並列摘要

Supply chain includes a lot of channel members. Because of outsourcing, lean manufacturing, just‐in‐time (JIT) inventory, globalization and other factors, supply chain is becoming more complex and the number and scope of supply chain risk factors are significantly increasing. When risk emerges, there may be crises in the entire supply chain. This paper identifies risk factors and explores supply chain risk management issues reported in the Wall Street Journal. We apply association rules to find out the risks which may be co‐incidental and failure mode and effect analysis (FMEA) to identify all possible failure. Then, we develop event relative data simulation (ERDS) to simulate 5000 records of transactions data. From observing the risk rules and simulation data, we can predict and propose implications for the managers that can serve as a reference in decision-making.

並列關鍵字

Supply Chain Risk ； Risk Management ； Association Rules ； Failure Mode and Effect Analysis ； Event Relative Data Simulation