In today's highly competitive global marketplace, organisations are under pressure to find new ways to minimize risk and maximize profits. Profits can increase by reducing the cost of inputs or increasing price of the outputs. Hence, procurement contributes by reducing the cost of inputs by sourcing materials at lower costs. Consequently, this creates a challenge to the buyer as supply risk issues are more likely to occur with lower cost sources that might include new suppliers or unreliable sources. Unfortunately, logistics planners, too, drive new initiatives intended to be cost effective such as "Just-in-Time" (JIT) manufacturing. This adds an additional challenge to the buyer of ensuring uninterrupted supply while the system has actually eroded the supply buffer that would have enabled achieving the goal of low cost supply at lower risk. Hence, supply managers have to deal with the ever-increasing challenges in pursuit of a balance between supply risk and lower cost of supplies while ensuring sustainable supplies. For these reasons, this study aims to develop an implementation plan for the supply risk management. The plan developed from a case study undertaken at Safripol, a large manufacturing chemical company located in Sasolburg, South Africa. The complete study of the implementation plan, from the literature to empirical studies, were conducted by various means, including a study of journals and procurement textbooks, analysis of the supply data of Safripol, an experiment of a proposed plan, and a survey. The literature study initially discusses various approaches suggested by other writers and finally concludes with a proposition of a seven-step process. The process starts with (1) human resource allocation, (2) supply base categorisation, (3) vulnerability assessment, (4) evaluation of the implication, (5) cost/benefit analysis, (6) risk treatment, and it finally ends with the strategic alignment (7). These steps address the major issues that are critical to successful implementation of supply risk management, particularly in large manufacturing companies like Safripol. However, the empirical study went further to investigate the application of the seven-step process. This involved commissioning of a multi-disciplinary team to review the process. The team applied the seven-step process in conducting a full assessment and evaluations of supply risks for four selected suppliers of specific material. The team composed of Safripol employees who are involved in the supply chain of the specific material reviewed. In addition, the analyses of the steps were captured, and stored in a tool developed in Excel worksheets. That enabled the process to be systematic, repeatable and easier to apply. Populated worksheets resulted in a formal knowledge resource database that will enable Safripol to manage supply risk plans and execute action plans in case of supply interruptions. Finally, the study indicated that the seven-step process is practical and applicable to Safripol. In addition, the study found that the process adds value in managing supply risks. Thus, the study achieved its goal of developing an implementation plan for supply risk management. However, the study concludes by providing future fields of study and recommendations in an effort to contribute further to development of supply risk management. / Thesis (M.B.A.)--North-West University, Vaal Triangle Campus, 2009.

In today's highly competitive global marketplace, organisations are under pressure to find new ways to minimize risk and maximize profits. Profits can increase by reducing the cost of inputs or increasing price of the outputs. Hence, procurement contributes by reducing the cost of inputs by sourcing materials at lower costs. Consequently, this creates a challenge to the buyer as supply risk issues are more likely to occur with lower cost sources that might include new suppliers or unreliable sources. Unfortunately, logistics planners, too, drive new initiatives intended to be cost effective such as "Just-in-Time" (JIT) manufacturing. This adds an additional challenge to the buyer of ensuring uninterrupted supply while the system has actually eroded the supply buffer that would have enabled achieving the goal of low cost supply at lower risk. Hence, supply managers have to deal with the ever-increasing challenges in pursuit of a balance between supply risk and lower cost of supplies while ensuring sustainable supplies. For these reasons, this study aims to develop an implementation plan for the supply risk management. The plan developed from a case study undertaken at Safripol, a large manufacturing chemical company located in Sasolburg, South Africa. The complete study of the implementation plan, from the literature to empirical studies, were conducted by various means, including a study of journals and procurement textbooks, analysis of the supply data of Safripol, an experiment of a proposed plan, and a survey. The literature study initially discusses various approaches suggested by other writers and finally concludes with a proposition of a seven-step process. The process starts with (1) human resource allocation, (2) supply base categorisation, (3) vulnerability assessment, (4) evaluation of the implication, (5) cost/benefit analysis, (6) risk treatment, and it finally ends with the strategic alignment (7). These steps address the major issues that are critical to successful implementation of supply risk management, particularly in large manufacturing companies like Safripol. However, the empirical study went further to investigate the application of the seven-step process. This involved commissioning of a multi-disciplinary team to review the process. The team applied the seven-step process in conducting a full assessment and evaluations of supply risks for four selected suppliers of specific material. The team composed of Safripol employees who are involved in the supply chain of the specific material reviewed. In addition, the analyses of the steps were captured, and stored in a tool developed in Excel worksheets. That enabled the process to be systematic, repeatable and easier to apply. Populated worksheets resulted in a formal knowledge resource database that will enable Safripol to manage supply risk plans and execute action plans in case of supply interruptions. Finally, the study indicated that the seven-step process is practical and applicable to Safripol. In addition, the study found that the process adds value in managing supply risks. Thus, the study achieved its goal of developing an implementation plan for supply risk management. However, the study concludes by providing future fields of study and recommendations in an effort to contribute further to development of supply risk management. / Thesis (M.B.A.)--North-West University, Vaal Triangle Campus, 2009.

Thesis (Ph. D.)--Texas State University-San Marcos, 2007. / Vita. Appendices: leaves 241-521. Includes bibliographical references (leaves 233-240).

Thesis (Ph. D.)--Texas State University-San Marcos, 2007. / Vita. Appendices: leaves 241-521. Includes bibliographical references (leaves 233-240).

This research has led to a novel methodology for assessment and quantification of supply risks in the supply chain. The research has built on advanced Knowledge Discovery techniques and has resulted to a software implementation to be able to do so. The methodology developed and presented here resembles the well-known consumer credit scoring methods as it leads to a similar metric, or score, for assessing a supplier’s reliability and risk of conducting business with that supplier. However, the focus is on a wide range of operational metrics rather than just financial, which credit scoring techniques typically focus on. The core of the methodology comprises the application of Knowledge Discovery techniques to extract the likelihood of possible risks from within a range of available datasets. In combination with cross-impact analysis, those datasets are examined for establish the inter-relationships and mutual connections among several factors that are likely contribute to risks associated with particular suppliers. This approach is called conjugation analysis. The resulting parameters become the inputs into a logistic regression which leads to a risk scoring model the outcome of the process is the standardized risk score which is analogous to the well-known consumer risk scoring model, better known as FICO score. The proposed methodology has been applied to an Air Conditioning manufacturing company. Two models have been developed. The first identifies the supply risks based on the data about purchase orders and selected risk factors. With this model the likelihoods of delivery failures, quality failures and cost failures are obtained. The second model built on the first one but also used the actual data about the performance of supplier to identify risks of conducting business with particular suppliers. Its target was to provide quantitative measures of an individual supplier’s risk level. The supplier risk scoring model is tested on the data acquired from the company for its performance analysis. The supplier risk scoring model achieved 86.2% accuracy, while the area under curve (AUC) was 0.863. The AUC curve is much higher than required model’s validity threshold value of 0.5. It represents developed model’s validity and reliability for future data. The numerical studies conducted with real-life datasets have demonstrated the effectiveness of the proposed methodology and system as well as its future potential for industrial adoption.

<p>Background: The strategic importance of purchasing departments is increasing, yet supply risks are rather uncharted. The procurement of coffee involves supply risks and the purchaser needs to be able to handle these to enable the roasting-house to produce coffee as specified. </p><p>Purpose: To chart risks in connection with the procurement of coffee as well as the possibilities of handling these. The thesis also examines if general risk management theories are applicable on the supply risk present within Swedish roasting-houses and can become an integral partof the purchasing process. </p><p>Method: A qualitative case study of the purchasing process of Swedish roasting- houses. </p><p>Result: An a priori-model, which can serve as the basis for evaluation of the purchasing process and risk management of a business, elaborated to fit the Swedish roasting business.</p>

Background: The strategic importance of purchasing departments is increasing, yet supply risks are rather uncharted. The procurement of coffee involves supply risks and the purchaser needs to be able to handle these to enable the roasting-house to produce coffee as specified. Purpose: To chart risks in connection with the procurement of coffee as well as the possibilities of handling these. The thesis also examines if general risk management theories are applicable on the supply risk present within Swedish roasting-houses and can become an integral partof the purchasing process. Method: A qualitative case study of the purchasing process of Swedish roasting- houses. Result: An a priori-model, which can serve as the basis for evaluation of the purchasing process and risk management of a business, elaborated to fit the Swedish roasting business.

Background:  Supply risk becomes a crucial risk that manufacturing companies are facing while supplier information integration is one of the most important parts of supply chain management and supplier integration. The research based on the relationship between them is rarely found. Purpose: To find, describe, and compare the significant relationship of supplier information integration and supply risk and identify whether supplier information integration can help to mitigate supply risk in Chinese and Thai manufacturing industries. Methods: In order to answer the research questions, the search of the relevant literatures were carried out. The theoretical frame was made of basic concepts, approaches of supplier information integration, and sources of supply risk. The questionnaire was designed based on the theoretical framework and sent out among Chinese and Thai listed manufacturing companies. The correlation analysis was carried out as the main approach to check the significant relationships while the   descriptive statistics were used to described, compared, and analyzed in order to indentify the level of SII and perception of supply risk. Conclusion: The level of supplier information integration and the perception of supply risk showed differences in Chinese and Thai manufacturers. Chinese manufacturing industry was at medium level of IT and share tactical and strategic information with suppliers with a concern on suppliers’ suppliers while the Thai manufacturing industry was at low level of IT and shared only tactical information with suppliers with very less concern on suppliers’ suppliers. Chinese manufacturers showed an obvious lower perception of getting affected by terrorist incidents and natural disasters while Thai manufacturers showed the same perception of all sources of supply risk. The results indicated that most of relationships between the sub items of supplier information integration and supply risk were not significant with some special cases that showed small and medium relationships. The contribution and suggestion were concluded at the end.

Thesis (Ph. D.)--University of Adelaide, 1995. / Includes bibliographical references (p. 474-514).

Background: The implementation of procurement concepts such as JIT or singlesourcing have resulted in the emergence of new supply risks forautomotive suppliers. The economic crisis in 2008 and volatiledemand in recent years had enormous impact on the sector.Consequently, in association with lean purchasing models, newdimensions of supply risks have emerged. This creates the need forautomotive suppliers to adapt and improve their supply riskmanagement in response to the increased risk potential. There hasbeen no research on how automotive suppliers have furtherdeveloped their supply risk management recently. Purpose: The purpose is to examine how automotive suppliers have adaptedtheir supply risk management in response to the fluctuatingeconomy since 2008. Frame of reference: In this section the Kraljic matrix and the risk management processare presented. The theories lead to a synthesis including the researchquestions for fulfilling the purpose. Method: This research is based on a qualitative multiple case study. In orderto gather the necessary in-depth data, four automotive suppliersfrom Germany and Northern Europe were interviewed by theauthors. Conclusions: Automotive suppliers have clearly reacted on increasedconsequences of supply risks. The general grown awareness andsensitivity have lead to the implementation of new managementtools. Particularly the cooperation between supply chain membershas considerably intensified and contributed to a better riskreduction. Moreover, the financial stability of vendors has risen inimportance and is considered more thoroughly. All the instrumentsand methods may, however, be more powerful and efficient ifautomotive suppliers had standardized and linked them into aconsecutive process.