Software Supported Risk Management for the Global Production Networks Configuration

Ali Niknejad, Keith Popplewell, Dobrila Petrovic

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Production networks are becoming more and more complex, as they are rapidly expanding to every corner of the world. While global commerce brings many opportunities and benefits, it also increases the impact and variety of risks. For example, a natural disaster affecting a region that hosts a majority of suppliers for a certain component can have devastating impact on the producers that rely on that component to manufacture their products. Such disruptions have become a rather common threat to Global Production Networks (GPNs).
The EU FP7 funded FLEXINET project looks at the process of decision making for GPN configuration, from ideation to realization of the network. In this process, many different alternatives will be considered and should be evaluated from different perspectives, including risk. FLEXINET provides a set of software applications that can facilitate the process and provide better and faster analysis of the alternatives. This paper considers how these software tools will be used for the purpose of risk management and how the decision makers should engage them to enjoy the benefits.
Original languageEnglish
Title of host publicationEnterprise Interoperability in the Digitized and Networked Factory of the Future
EditorsMartin Zelm , Guy Doumeingts , Joao Pedro Mendonça
PublisherISTE
Pages99-105
Number of pages7
ISBN (Print)9781847040442
Publication statusPublished - Sep 2016
Event8th International Conference on Enterprise Interoperability - Guimarães, Portugal
Duration: 29 Mar 201630 Mar 2016
Conference number: 8th

Conference

Conference8th International Conference on Enterprise Interoperability
Abbreviated titleI-ESA 16
CountryPortugal
CityGuimarães
Period29/03/1630/03/16

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  • Cite this

    Niknejad, A., Popplewell, K., & Petrovic, D. (2016). Software Supported Risk Management for the Global Production Networks Configuration. In M. Zelm , G. Doumeingts , & J. P. Mendonça (Eds.), Enterprise Interoperability in the Digitized and Networked Factory of the Future (pp. 99-105). ISTE .