Methodology to mitigate supplier risk in an aerospace supply chain

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Issue Date
2004
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Authors
Sinha, Pankaj Raj
Whitman, Lawrence E.
Malzahn, Don E.
Advisor
Citation

Pankaj Raj Sinha, Larry E. Whitman, Don Malzahn, (2004) "Methodology to mitigate supplier risk in an aerospace supply chain", Supply Chain Management: An International Journal, Vol. 9 Iss: 2, pp.154 - 168

Abstract

Supply chain design is frequently performed from the perspective of a single supplier-customer relationship. However, as a supplier provides value to different supply chains, it becomes increasingly difficult to optimize each supply chain. Each supply chain has different requirements, procedures, and formats. A member may have requirements placed upon them by one member that contradicts another member. The competitive success of a supplier depends on its ability to participate in different supply chains. This, in turn, affects the competitiveness of each of the other supply chains. This paper presents a generic prescriptive methodology for mitigating risks in an aerospace supply chain and proposes five activities. The methodology provides a mechanism to minimize conflicting objectives. A hypothetical case study is then presented on how the methodology can be applied.

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