A New Framework for Strategic Risk Analysis in a Global Pump Manufacturing Network

A. Niknejad; D. Petrovic; K. Popplewell; F.W. Jäkel; S. Pajkovska-Goceva

doi:10.1007/978-3-319-30957-6_2

A New Framework for Strategic Risk Analysis in a Global Pump Manufacturing Network

A. Niknejad, D. Petrovic, K. Popplewell, F.W. Jäkel, S. Pajkovska-Goceva

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

2 Citations (Scopus)

Abstract

This paper presents a new risk analysis framework applied to a global production network for pump manufacturing considering strategic decisions regarding alternative suppliers and markets. External and internal risk scenarios are defined and alternative network configurations are evaluated considering the constructed risk scenarios. Inoperability of individual nodes in the global production networks caused by identified risks are determined by taking into account propagation of risks due to the interdependencies between nodes. Fuzzy arithmetic is applied to track the level of uncertainty inherent in the model parameters and the outcomes. It is demonstrated how recommendations can be made with regard to the network configuration and handling of the uncertainty in the results.

Original language	English
Title of host publication	Enterprise Interoperability VII
Editors	Kai Mertins, Ricardo Jardim-Gonçalves, Keith Popplewell, João P. Mendonça
Publisher	Springer Verlag
Pages	13-24
Number of pages	12
Volume	8
ISBN (Electronic)	978-3-319-30957-6
ISBN (Print)	978-3-319-30956-9
DOIs	https://doi.org/10.1007/978-3-319-30957-6_2
Publication status	Published - 2016
Event	6th International Conference on Interoperability for Enterprise Systems and Applications - Guimaraes, Portugal Duration: 31 Mar 2016 → 1 Apr 2016

Conference

Conference	6th International Conference on Interoperability for Enterprise Systems and Applications
Abbreviated title	I-ESA 2016
Country/Territory	Portugal
City	Guimaraes
Period	31/03/16 → 1/04/16

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10.1007/978-3-319-30957-6_2

Cite this

A New Framework for Strategic Risk Analysis in a Global Pump Manufacturing Network. / Niknejad, A.; Petrovic, D.; Popplewell, K. et al.
Enterprise Interoperability VII. ed. / Kai Mertins; Ricardo Jardim-Gonçalves; Keith Popplewell; João P. Mendonça. Vol. 8 Springer Verlag, 2016. p. 13-24.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Niknejad, A, Petrovic, D, Popplewell, K, Jäkel, FW & Pajkovska-Goceva, S 2016, A New Framework for Strategic Risk Analysis in a Global Pump Manufacturing Network. in K Mertins, R Jardim-Gonçalves, K Popplewell & JP Mendonça (eds), Enterprise Interoperability VII. vol. 8, Springer Verlag, pp. 13-24, 6th International Conference on Interoperability for Enterprise Systems and Applications, Guimaraes, Portugal, 31/03/16. https://doi.org/10.1007/978-3-319-30957-6_2

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AB - This paper presents a new risk analysis framework applied to a global production network for pump manufacturing considering strategic decisions regarding alternative suppliers and markets. External and internal risk scenarios are defined and alternative network configurations are evaluated considering the constructed risk scenarios. Inoperability of individual nodes in the global production networks caused by identified risks are determined by taking into account propagation of risks due to the interdependencies between nodes. Fuzzy arithmetic is applied to track the level of uncertainty inherent in the model parameters and the outcomes. It is demonstrated how recommendations can be made with regard to the network configuration and handling of the uncertainty in the results.

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ER -

A New Framework for Strategic Risk Analysis in a Global Pump Manufacturing Network

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Conference

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