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Strategies and Tactics in Supply Chain Event Management pp 99–118Cite as

Supply Chain Risk Management: A Neural Network Approach

Supply Chain Risk Management: A Neural Network Approach

  • Frank Teuteberg3 
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Abstract

Effective supply chain risk management (Hallikas et al. 2002; Harland et al. 2003; Henke et al. 2006) requires the identification, assessment and monetization of risks and disruptions, as well as the determination of the probability of their occurrence and the development of alternative action plans in case of disruptions (cf. Zsidisin 2003; Zsidisin et al. 2004; Zsidisin et al. 2000; Vidal a. Goetschalckx, 2000). Companies traditionally use multiple sources for material procurement and/or hold safety stocks to avoid vulnerability. However, these strategies can negatively impact the supply chain performance, leading to higher purchase and logistics costs. The aim of this chapter is to illustrate how the implementation of the supply chain risk management concept can be improved by using a neural network approach.

Keywords

  • Supply Chain
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  • Supply Chain Management
  • Supply Network
  • Neural Network Approach

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Authors and Affiliations

  1. E-Business and Information Systems & Research Center for Information Systems in Project and Innovation Networks (ISPRI), Katharinenstraße 1, 49074, Osnabrück, Germany

    Frank Teuteberg

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  1. Frank Teuteberg
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Editors and Affiliations

  1. Center for Computational Engineering Science (CCES) Computational Materials Engineering (CME), RWTH Aachen, Mauerstraße 5, 52056, Aachen, Germany

    Dipl.-Inform. Raschid Ijioui & Professor Dr. Heike Emmerich & 

  2. University of Applied Sciences Wedel, Feldstraße 143, 22880, Wedel, Germany

    Professor Dr. Michael Ceyp

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Teuteberg, F. (2008). Supply Chain Risk Management: A Neural Network Approach. In: Ijioui, R., Emmerich, H., Ceyp, M. (eds) Strategies and Tactics in Supply Chain Event Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-73766-7_7

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