Measuring Supply Chain Vulnerability : A Case Study
Koivu, Leena (2014)
Koivu, Leena
Tampereen ammattikorkeakoulu
2014
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2014120919138
https://urn.fi/URN:NBN:fi:amk-2014120919138
Tiivistelmä
This thesis was conducted on a case-study basis to provide insight on how companies measure supply chain vulnerability by providing new comprehension in the form of completing a Failure Mode and Effects Analysis for the supply chain processes of one individual product to be launched in the summer of 2014.
By applying information retrieved from previous studies and literature references this thesis examined different ways and tools to measure supply chain vulnerability as well as explained the essential theoretical concepts of supply chain management, risk management and finally supply chain risk management. Several methods of determining risk and categorizing risks were introduced.
Primary results were derived from unstructured face to face interviews and once combined with supply chain risk management theory it was possible to conduct an extensive Failure Mode and Effects Analysis covering each process of the case company’s supply chain related to pre-market launch of one new product.
Based on the technique, the case company’s supply chain risks were first identified, assessed and analyzed. Finally the risks were prioritized by a combination of severity, occurrence and detection which together created a Risk Priority Number. The analysis revealed that the portion of very high RPNs was rather low and, therefore, a majority of the suggested developments were not intensive in nature and not demanding big investments. As a result a full action plan was developed to provide support for the case company’s management in their strategic decisions concerning the new product for the future.
By applying information retrieved from previous studies and literature references this thesis examined different ways and tools to measure supply chain vulnerability as well as explained the essential theoretical concepts of supply chain management, risk management and finally supply chain risk management. Several methods of determining risk and categorizing risks were introduced.
Primary results were derived from unstructured face to face interviews and once combined with supply chain risk management theory it was possible to conduct an extensive Failure Mode and Effects Analysis covering each process of the case company’s supply chain related to pre-market launch of one new product.
Based on the technique, the case company’s supply chain risks were first identified, assessed and analyzed. Finally the risks were prioritized by a combination of severity, occurrence and detection which together created a Risk Priority Number. The analysis revealed that the portion of very high RPNs was rather low and, therefore, a majority of the suggested developments were not intensive in nature and not demanding big investments. As a result a full action plan was developed to provide support for the case company’s management in their strategic decisions concerning the new product for the future.