The paper explores the evolving relationship between the port and terminal industry and the financial sector. Since the financial industry has taken an active role in global economic affairs, understanding global trade and transportation requires more than ever a perspective about financial issues and their impacts on transport operations. Paradoxically, the recent analytical emphasis on the st…
This paper addresses a highly researched area, the reshuffling problem in ports, using a newparadigm-modified containership service order in light of credit risk assessment. Container stacking and reshuffling operations can cause ship delays and additional risk. In deep-sea terminals, outbound containers are tightly stacked according to the retrieval sequence. Due to lack of space, terminals st…
Risk analysis in seaports plays an increasingly important role in ensuring port operation reliability, maritime transportation safety and supply chain distribution resilience. However, the task is not straightforward given the challenges, including that port safety is affected by multiple factors related to design, installation, operation and maintenance and that traditional risk assessment met…
Despite a hangover from the worldwide economic crisis, international trade rebounded nicely with a record-level growth in late 2010. A sharp rise in international trade has sparked the international traffic growth. A majority of this traffic growth originated from maritime logistics which could move cargoes in large volume and at cheaper freight costs. Due to its cost-efficiency and easy acces…
Indonesia's real GDP grew by 5.1% in 2017, which was in line with our estimate and we expect growth to pick up modestly to 5.3% in 2018 and 5.4% in 2019. An increase in election spending and an acceleration in private investment on the back of an improving business environment should be supportive of growth, but this will be partially offset by higher oil prices and rising political instability
The function of a port has evolved from a platform providing simple loading and unloading activities to a gateway that opens up numerous opportunities that proliferate economic benefits. The effects of globalization and modern supply chain trends have reinforced the role that ports play in supply chains. This calls for contemporary studies on supply chain management to expand to address the …
Risks and uncertainties are ever more noted and factored into decision making today, and those stemming from supply chains are prominent in the competitiveness and viability of companies and organizations. The idea that every supply chain is made up of five internal chain/network constructs is presented, and these are physical, financial, informational, relational, and innovational. Further, fo…
This paper aims to report on an exploratory study investigating supply chain security orientation (SCSO), a firm-level construct addressing companies’ multiple approaches toward mitigation of supply chain security breaches and supply chain risk management.
Supply chain security (SCS), as a component of an organization’s overall supply chain risk management strategy, has become a critical factor for businesses and government agencies since September 11, 2001, yet little empirical research supports policy or practice for the field. Therefore, this paper develops and presents a categorization of SCS based on existing research. This categorization …
Supply chain risk management (SCRM) has recently gained increasing attention in the supply chain context, both from the practitioners’ perspective and as a research area. Given the relevance of the topic, the aim of the present paper is to present a focused literature review, investigating the process of knowledge creation, transfer and development from a dynamic perspective within the contex…
In green logistics operation, all logistics processes form a bidirectional closed-loop topology. In order to model and optimize such a kind of structure, a standardized closed-loop logistics operation reference model is built which aims to provide supply chain managers with general analysis. Based on the reference model, potential risks of closed-loop logistics chain can be analyzed including n…
The purpose of this paper is to investigate the alignment between product design and the supply chain and to identify how this alignment impacts on a firm’s supply chain responsiveness and resilience.
The purpose of this paper is to develop a risk assessment method for production processes of large-size steel ship hulls
Investors in Indonesia face a variety of challenges that hinder the business environment in the country. Chief among these risks are the restrictions on foreign direct investment (FDI), excessive red tape associated with trading and setting up a business, a poorly skilled labour market, a disjointed and highly variable logistics network and the threats to foreign workers and businesses from cri…
The objective of this paper is to scan the extent of uncertainty and hesitation in the development of plans and strategy.
Investors in Indonesia face a variety of challenges that hinder the business environment in the country. Chief among these risks are the restrictions on foreign direct investment (FDI), excessive red tape associated with trading and setting up a business, a poorly skilled labour market, a disjointed and highly variable logistics network and the threats to foreign workers and businesses from cri…
In 2016 the air freight mode will see the most significant growth in Indonesia, as trade in Asia is set to rebalance after stalling in 2015 and key sectors such as the pharmaceutical market will see a boost in growth. In our medium-term forecast to 2019, BMI believes the rail and air freight modes will see higher growth than road freight transport, as a result of state and external investment i…
Investors in Indonesia face a variety of challenges that hinder the business environment in the country. Chief among these risks are the restrictions on foreign direct investment (FDI), excessive red tape associated with trading and setting up a business, a poorly skilled labour market, a disjointed and highly variable logistics network and the threats to foreign workers and businesses from cri…
This book investigates key issues facing leaders in increasingly complex decision-making environments as a result of globalization. It presents a synthesis and interpretation of academic research in multiple disciplines and integrates it into a practical approach that is readily useable by leaders in government, corporations, and civil society.
Globalization has led to a rapid increase of container movements in seaports. Risks in seaports need tobe appropriately addressed to ensure economic wealth, operational efficiency, and personnel safety. Asa result, the safety performance of a Container Terminal Operational System (CTOS) plays a growing rolein improving the efficiency of international trade. This paper proposes a novel method to…
Nowadays, helicopters have been used in maritime transportation to serve offshore platforms. This paper outlines methodology for assessing safety risks by operating in the vicinity of helidecks. During each flight, decisions must be made regarding the events that involve interactions between the four safety risk elements – the pilot in command, the aircraft, the environment and the operat…
The International Supply Chain Risk Management (ISCRIM) network is a team of researchers and practitioners engaged in analyzing, developing, and disseminating evidence and practices related to the effective and efficient management of supply chains and their associated risks. The international network was founded in 2001 by a small group of active researchers from the UK, U.S., and Sweden. The…
Acknowledges the potential problems the year 2000 may cause to computer software and hardware, but emphasises the need to understand fully and acknowledge the challenges and threats posed by date sensitive embedded systems. Describes embedded systems and the reasons why they have been generally ignored in the discussions about the year 2000. Discusses the potential disasters and the effo…
These case studies complement the earlier groundbreaking work of Natural Disaster Hotspots: A Global Risk Analysis published in April 2005. Three case studies address specific hazards: landslides, storm surges and drought. An additional, three case studies address regional multi-hazard situations in Sri Lanka, the Tana River basin in Kenya, and the city of Caracas, Venezuela
Pulling together into a single framework the two separate disciplines of strategy management and risk management, this book provides a practical guide for organizations to shape and execute sustainable strategies with full understanding of how much risk they are willing to accept in pursuit of strategic goals.
Purpose – To minimise business risk of incurring increased marketability and acquisition costs due to volatile demand exacerbated by the bullwhip phenomenon. Design/methodology/approach – Based on the vision of the seamless supply chain and the active support of the decision support system exploiting the automatic pipeline inventory and order based production control system (APIOBPCS) a…
The aim of the research is to provide a method to evaluate supply chain risks that stand in the way of the supply chain objectives.
The purpose of this paper is to investigate the interface between product design and the supply chain and to develop a roadmap to the design centric business through better management of this interface.
The purpose of this paper is to explore how the manufacturing and supply chain flexibility impact on the ability to transfer production between the units, i.e. production network coordination. To take advantage of available opportunities for different actors and locations, companies need to effectively transfer production.
The increased importance of ports makes them a vulnerable node as a port-related disruption can generate domino effect on a network of supply chains. The vulnerability of ports thus needs to be addressed to ensure the functionality of ports and enhance supply chain resilience. This paper synthesizes the current literature into a management model that seeks to target operational deficiencies at …
Over the past 50 years computers and software have become indispensable parts of business, commerce, and government. Almost all major corporations now use computers and software as primary tools for accounting, finance, sales support, personnel records, and to a significant degree, manufacturing and distribution. Banks and service organizations use computers and software for virtually all finan…
This paper presents a simple argument, based on logic and maritime economic theory alone, for rejecting the applicability of the expectations theory in bulk shipping freight markets. It is shown that the risk premium must be time varying and must, in a systematic fashion, depend upon freight market conditions and the duration of a period time charter. The signs of the risk premium attributable …
The performance of service supply chains in terms of service levels and cost efficiency depends not only on the effort of service providers but also on the inputs of sub-contractors and the customer. In this sense, performance-based contracting (PBC) entails increased financial risk for providers. Allocating and managing risk through contractual relationships along the service supply chain is a…
Supply chain risk management (SCRM) is of growing importance, as the vulnerability of supply chains increases. The main thrust of this article is to describe how Ericsson, after a fire at a sub-supplier, with a huge impact on Ericsson, has implemented a new organization, and new processes and tools for SCRM. The approach described tries to analyze, assess and manage risk sources along the suppl…
This paper aims to increase our understanding of perspectives on food traceability in four supply chain risk management (SCRM) approaches to ensure food safety. The occurrence of food safety failures has led to increased attention on food traceability as a means of identifying the causes of deficiencies in supply chains.
The effects of supply chain risk management (SCRM) on the performance of a supply chain remain unexplored. It is assumed that SCRM helps supply chains to cope with vulnerabilities both proactively by supporting robustness and reactively by supporting agility. Both dimensions are assumed to have an influence on the supply chain’s customer value and on business performance. The aim of this rese…
This paper seeks to understand business requirements for supply chain risk management (SCRM) from a practitioner perspective.
Oliver Wyman (formerly Mercer Management Consulting) is pleased to unveil our redesigned Transport & Logistics journal. In this issue, we have focused on topics that are particularly relevant to the current adverse economic climate, with a view to offering some perspective for both providers and users of transportation and logistics services.
The purpose of this paper is to verify a transport uncertainty triad model taking a supply chain perspective, and determine which different forms of uncertainty impact on transport operations. The aim is to qualitatively evaluate the different types of uncertainty impacting on transport operations rather than estimating the risk that each of them involved. The literature indicates that there ar…
Automated warehouse equipment is often regarded as being inflexible, and yet its use continues to rise even though markets are becoming increasingly volatile. The purpose of this paper is to explore the reasons for, and nature of, warehouse automation implementations in order to further this understanding.
This paper aims to add a cultural-relational dimension to the supply chain risk management (SCRM) literature
The purpose of this paper is to use virtue ethics to explore the dilemmas arising for shipowners facing the piracy threat off the coast of Somalia.
The hinterland infrastructure (e.g. dry ports that tend to bond railways, seaports, warehouses and roads) is one of the vulnerable points of the national economics. In the deficit of financial resources, the modernisation of the current assets and realisation of the new major projects are possible through public private partnerships (PPPs). Notably, the attention is focussed on the options for …