A Knowledge Based Approach for Handling Supply Chain Risk Management

6 Pages Posted: 27 Aug 2012 Last revised: 1 Sep 2012

See all articles by Adrian Solomon

Adrian Solomon

South East European Research Center (SEERC)

Panoyiotis Ketikidis

CITY College - International Faculty of the University of Sheffield

Alok Choudhary

The University of Sheffield

Date Written: August 26, 2012

Abstract

This paper discusses the concept of supply chain risk management (SCRM) in relation to the emerging challenges brought by globalisation and information and communication technologies (ICT) and the ability of SCRM frameworks to adapt to these latest requirements. As SCRM can be responsible for loss or gain of profit, the ultimate goal of enterprises is to have resilient supply chains with automated decision making that can deal with potential disruptions. In response to these, taking advantage of ICT developments such as knowledge and data discovery techniques and automated risk management frameworks have become a vital aspect for assuring business success. Having this context, this research has the following aims: 1) to perform literature review on identifying and categorising several types of supply chain risks in order to analyze their management strategies, 2) to perform a literature review on knowledge management frameworks and 3) to propose a knowledge management and a risk management framework that would be, at a further stage of this research, integrated in an agent based decision support system for supply chain risk management.

Keywords: Data mining, knowledge extraction and management, supply chain risk management

Suggested Citation

Solomon, Adrian and Ketikidis, Panoyiotis and Choudhary, Alok, A Knowledge Based Approach for Handling Supply Chain Risk Management (August 26, 2012). Available at SSRN: https://ssrn.com/abstract=2136550 or http://dx.doi.org/10.2139/ssrn.2136550

Adrian Solomon (Contact Author)

South East European Research Center (SEERC) ( email )

17 Mitropoleos Street
Thessaloniki, 54624
Greece

Panoyiotis Ketikidis

CITY College - International Faculty of the University of Sheffield ( email )

13, Tsimiski Street
Thessaloniki, 54624
Greece

HOME PAGE: http://www.city.academic.gr/

Alok Choudhary

The University of Sheffield ( email )

17 Mappin Street
Sheffield, Sheffield S1 4DT
United Kingdom

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