Assessing the resiliency and importance of a supply chain network

Selim Bora, Gino J. Lim, Taofeek O. Biobaku, Jaeyoung Cho, Hamid Parsaei

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

Abstract

In supply chain management under disruption, definition of resilience is based on many factors, and a consensus is yet to be agreed upon. In addition, there is very limited quantitative research in the supply chain resiliency field. Therefore, we propose a mathematical formulation for constructing a resilient supply chain under disruption. Our goal is to design supply chain networks that are resilient under stress by incorporating the concept of node importance. For quantifying resilience, mathematical formulation is a new approach, and the objective function of the model is based on the idea of resiliency triangle and node importance. Solving this problem, allows evaluation of the resiliency of a supply chain as a whole, as well as the resilience of individual building blocks. Disruptions and recovery are stochastic processes in real life. The problem itself has non-polynomial many binary variables. Therefore, we have developed a simulation model for validating the mathematical model. Many realistic scenarios have been generated and the simulation model has been tested under those scenarios.

Original languageEnglish
Title of host publicationCIE 2014 - 44th International Conference on Computers and Industrial Engineering and IMSS 2014 - 9th International Symposium on Intelligent Manufacturing and Service Systems, Joint International Symposium on "The Social Impacts of Developments in Information, Manufacturing and Service Systems" - Proceedings
PublisherComputers and Industrial Engineering
Pages1530-1540
Number of pages11
Publication statusPublished - 2014
EventJoint International Symposium on "The Social Impacts of Developments in Information, Manufacturing and Service Systems" 44th International Conference on Computers and Industrial Engineering, CIE 2014 and 9th International Symposium on Intelligent Manufacturing and Service Systems, IMSS 2014 - Istanbul, Turkey
Duration: 14 Oct 201416 Oct 2014

Other

OtherJoint International Symposium on "The Social Impacts of Developments in Information, Manufacturing and Service Systems" 44th International Conference on Computers and Industrial Engineering, CIE 2014 and 9th International Symposium on Intelligent Manufacturing and Service Systems, IMSS 2014
CountryTurkey
CityIstanbul
Period14/10/1416/10/14

Fingerprint

Supply chains
Supply chain management
Random processes
Mathematical models
Recovery

Keywords

  • Mathematical modeling
  • Resiliency
  • Simulation
  • Supply chain management

ASJC Scopus subject areas

  • Computer Science(all)
  • Control and Systems Engineering
  • Industrial and Manufacturing Engineering

Cite this

Bora, S., Lim, G. J., Biobaku, T. O., Cho, J., & Parsaei, H. (2014). Assessing the resiliency and importance of a supply chain network. In CIE 2014 - 44th International Conference on Computers and Industrial Engineering and IMSS 2014 - 9th International Symposium on Intelligent Manufacturing and Service Systems, Joint International Symposium on "The Social Impacts of Developments in Information, Manufacturing and Service Systems" - Proceedings (pp. 1530-1540). Computers and Industrial Engineering.

Assessing the resiliency and importance of a supply chain network. / Bora, Selim; Lim, Gino J.; Biobaku, Taofeek O.; Cho, Jaeyoung; Parsaei, Hamid.

CIE 2014 - 44th International Conference on Computers and Industrial Engineering and IMSS 2014 - 9th International Symposium on Intelligent Manufacturing and Service Systems, Joint International Symposium on "The Social Impacts of Developments in Information, Manufacturing and Service Systems" - Proceedings. Computers and Industrial Engineering, 2014. p. 1530-1540.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Bora, S, Lim, GJ, Biobaku, TO, Cho, J & Parsaei, H 2014, Assessing the resiliency and importance of a supply chain network. in CIE 2014 - 44th International Conference on Computers and Industrial Engineering and IMSS 2014 - 9th International Symposium on Intelligent Manufacturing and Service Systems, Joint International Symposium on "The Social Impacts of Developments in Information, Manufacturing and Service Systems" - Proceedings. Computers and Industrial Engineering, pp. 1530-1540, Joint International Symposium on "The Social Impacts of Developments in Information, Manufacturing and Service Systems" 44th International Conference on Computers and Industrial Engineering, CIE 2014 and 9th International Symposium on Intelligent Manufacturing and Service Systems, IMSS 2014, Istanbul, Turkey, 14/10/14.
Bora S, Lim GJ, Biobaku TO, Cho J, Parsaei H. Assessing the resiliency and importance of a supply chain network. In CIE 2014 - 44th International Conference on Computers and Industrial Engineering and IMSS 2014 - 9th International Symposium on Intelligent Manufacturing and Service Systems, Joint International Symposium on "The Social Impacts of Developments in Information, Manufacturing and Service Systems" - Proceedings. Computers and Industrial Engineering. 2014. p. 1530-1540
Bora, Selim ; Lim, Gino J. ; Biobaku, Taofeek O. ; Cho, Jaeyoung ; Parsaei, Hamid. / Assessing the resiliency and importance of a supply chain network. CIE 2014 - 44th International Conference on Computers and Industrial Engineering and IMSS 2014 - 9th International Symposium on Intelligent Manufacturing and Service Systems, Joint International Symposium on "The Social Impacts of Developments in Information, Manufacturing and Service Systems" - Proceedings. Computers and Industrial Engineering, 2014. pp. 1530-1540
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