Methodology to mitigate supplier risk in an aerospace supply chain
Sinha, Pankaj Raj ; Whitman, Lawrence E. ; Malzahn, Don E.
Sinha, Pankaj Raj
Whitman, Lawrence E.
Malzahn, Don E.
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2004
Type
Article
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Keywords
Aerospace industry,Risk management,Suppliers,Supply chain management
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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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Publisher
Emerald Group Publishing Limited
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Supply Chain Management: An International Journal;
;V.9, No.2
;V.9, No.2
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ISSN
1359-8546
