flexibility management

Implementing Flexibility to Manage Supply Chain Risks

Implementing Flexibility to Manage Supply Chain Risks

Wolfgang Kersten ORCID Icon, Carolin Singer
Nowadays, the economic determining factors are volatile and change dynamically leading to high uncertainty and risk for supply chain partners. Increased supply chain flexibility is not only considered as a success factor but is also essential for companies to remain competitive. The present article is based on selected results from expert interviews, a focus group as well as a survey analysing the status quo concerning supply chain risk management and the importance of flexibility. Afterwards, a process model is presented which consists of an approach to deduct strategies and measures in order to adjust supply chain flexibility in a structured way. The approach can be implemented for risk mitigation in practice.
Industrie Management | Volume 27 | 2011 | Edition 3 | Pages 61-64
Strategic Flexibility Management

Strategic Flexibility Management

A Methodic Approach for Industrial Enterprises
Hans-Dietrich Haasis, Henning Juechter
Decisions regarding strategic flexibility are qualitative and complex. This article introduces an attempt to operationalize the construct of strategic flexibility. As a decision support tool for strategic flexibility management - a management of intentional change, it will be developed a qualitative performance-measurement-system. This tool will provide the user a deeper knowledge of relevant design parameters of strategic flexibility and their relations.
Industrie Management | Volume 23 | 2007 | Edition 6 | Pages 59-62