Disruption risk mitigation in supply chains : the risk exposure index revisited

• Main Authors: Gao, Sarah Yini, Simchi-Levi, David, Teo, Chung Piaw, Yan, Zhenzhen
• Other Authors: School of Physical and Mathematical Sciences
• Format: Article
• Language: English
• Published: 2021
• Subjects: Business::Operations management; Science::Mathematics::Applied mathematics; Supply Chain Risk Management; Distributionally Robust Optimization
• Online Access: https://hdl.handle.net/10356/149245
• Institution: Nanyang Technological University

A novel approach has been proposed in the literature using the time-to-recover (TTR) parameters to analyze the risk-exposure index (REI) of supply chains under disruption. This approach is able to capture the cascading effects of disruptions in the supply chains, albeit in simplified environments; T...