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Incorporating the Predictability of Consequences into a Disruption Management Framework

Author

Listed:
  • Jason M. Riley

    (College of Business Administration, Sam Houston State University, Huntsville, TX, USA)

  • Janis Miller

    (Clemson University, Clemson, SC, USA)

  • V. Sridharan

    (Clemson University, Clemson, SC, USA)

Abstract

The authors introduce a disruption management framework that incorporates both the probability of disruption and the predictability of consequences. The resulting model prescribes one of four supply chain strategies: flexibility, risk and loss mitigation, agility, and resilience. Managers can leverage the presented framework within a comprehensive supply chain risk management process to develop tactics aligned with risk management, supply chain, and overall operating strategies to overcome a range of disruption consequences.

Suggested Citation

  • Jason M. Riley & Janis Miller & V. Sridharan, 2015. "Incorporating the Predictability of Consequences into a Disruption Management Framework," International Journal of Business Analytics (IJBAN), IGI Global, vol. 2(3), pages 20-32, July.
    • Handle: RePEc:igg:jban00:v:2:y:2015:i:3:p:20-32
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