Department of Management

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Author: search.filters.author.Bhat, Anil KumarSubject: search.filters.subject.Risk assessment

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    Identification and assessment of supply chain risk: development of AHP model for supply chain risk prioritisation
    (Inder Science, 2012-11) Sharma, Satyendra Kumar; Bhat, Anil Kumar
    In modern times, competition has shifted from companies to supply chains and risk management has become one of the greatest challenge for supply chain managers. Risks affect supply chain performance hence supply chain risk assessment needs more attention. For this reason, this paper presents a general risks taxonomy and it gathers together, specifically the risks affecting the performance of an automotive supply chain. Further, the authors use analytic hierarchy process (AHP) methodology to analyse the risk factors. It is hoped, that this analysis will help managers, vendors, consultants and auditors to manage supply chain risks better. All risks that a supply chain might face have been identified, classified and ranked based on their risk exposure on supply chain. Results suggest that the most critical risks originate from supply side of the chain. The most important risks in automotive supply chain turn out to be volatile demand, financial failure of suppliers, supplier’s quality problems and failure to generate cost reduction.
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    Supply Chain Risk Assessment Tools and Techniques in the Automobile Industry: A Survey
    (IUP, 2014-10) Bhat, Anil Kumar; Sharma, Satyendra Kumar
    The importance of managing risk beyond the boundaries of a firm is widely recognized, and the new concept, Supply Chain Risk Management (SCRM) has attracted the attention of practitioners and academicians across the globe. Supply chain risk assessment is a critical step in SCRM. Companies use different tools and techniques for risk assessment in supply chain. The purpose of this paper is to investigate SCRM practices and identify the tools and techniques used by the Indian automobile companies. A survey was carried out to address the above-mentioned research questions. The results showed that SCM managers rely on still checklist, likelihood/impact matrix and scenario analysis. Supply chain risk assessment practices can be improved by using techniques like Failure Mode Effect Analysis (FMEA), simulations and others like HaZop.