Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Creating supply chain resilience with operational and financial measures: complements or substitutes?
Sairam Sriraman1, David Wuttke1, Andreas Gernert2
1TUM School of Management, Germany; 2Kühne Logistics University, Germany
We examine the interplay between operational effort to increase supply chain resilience and financial arrangements such as buyer intermediated financing, buyer direct financing, and advance payments. We characterize conditions when those arrangements complement operational effort and when they are substitutes. We study when those arrangements lead to coordination or at least efficiency gains for buyers and their upstream supply chain.
Expanding the freight contract portfolio: Index-based freight contract design under uncertainty
Angela Acocella1, Chris Caplice2, Yossi Sheffi2
1Tilburg University; 2Massachusetts Institute of Technology
Fixed-price freight contracts between firms and transportation providers are non-binding and often fail due to supply and demand uncertainties. We propose indexed pricing to reduce frequent unanticipated costs and supplier performance degradation. We show how to design these contracts for a Pareto improvement over traditional contracts, conduct an experiment with an agricultural firm to validate the models, and quantify the causal effect of indexed contracts on costs and performance.
Probability, adaptability, and time: Some research-practice paradoxes in supply chain resilience and viability modeling
Dmitry Ivanov1, Alexandre Dolgui2
1Berlin School of Economics and Law, Germany; 2IMT Atlantique Nantes, France
Modeling of resilience and viability became crucial in case of supply chain disruptions. We discuss research-practice paradoxes and show that the categories of probability, adaptability, and time are major determinants of resilience and viability modeling. We stress the importance of reliable suppliers, disruption probabilities, disruption time and ripple effect estimation, value-creation perspective of resilience, and viability of intertwined supply networks.