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Modelling of supply chain disruption analytics using an integrated approach: An emerging economy example
- Source :
- Expert Systems with Applications. 173:114690
- Publication Year :
- 2021
- Publisher :
- Elsevier BV, 2021.
-
Abstract
- The purpose of this paper is to develop a framework to identify, analyze, and to assess supply chain disruption factors and drivers. Based on an empirical analysis, four disruption factor categories including natural, human-made, system accidents, and financials with a total of sixteen disruption drivers are identified and examined in a real-world industrial setting. This research utilizes an integrated approach comprising both the Delphi method and the fuzzy analytic hierarchy process (FAHP). To test this integrated method, one of the well-known examples in industrial contexts of developing countries, the ready-made garment industry in Bangladesh is considered. To evaluate this industrial example, a sensitivity analysis is conducted to ensure the robustness and viability of the framework in practical settings. This study not only expands the literature scope of supply chain disruption risk assessment but through its application in any context or industry will reduce the impact of such disruptions and enhance the overall supply chain resilience. Consequently, these enhanced capabilities arm managers the ability to formulate relevant mitigation strategies that are robust and computationally efficient. These strategies will allow managers to take calculated decisions proactively. Finally, the results reveal that political and regulatory instability, cyclones, labor strikes, flooding, heavy rain, and factory fires are the top six disruption drivers causing disruptions to the ready-made garment industry in Bangladesh.
- Subjects :
- 0209 industrial biotechnology
Scope (project management)
business.industry
Computer science
Supply chain
General Engineering
Context (language use)
02 engineering and technology
Computer Science Applications
01 Mathematical Sciences, 08 Information and Computing Sciences, 09 Engineering
020901 industrial engineering & automation
Risk analysis (engineering)
Artificial Intelligence
Analytics
0202 electrical engineering, electronic engineering, information engineering
Factory (object-oriented programming)
Artificial Intelligence & Image Processing
020201 artificial intelligence & image processing
business
Robustness (economics)
Emerging markets
Subjects
Details
- ISSN :
- 09574174
- Volume :
- 173
- Database :
- OpenAIRE
- Journal :
- Expert Systems with Applications
- Accession number :
- edsair.doi.dedup.....0698e8d7d71f2fd9a64342e857d02b56