Supply chain risk management
In the pursuit of cost efficiency, global supply chains have continued to prioritise short-term gains tailored for stable environments. This often leave them vulnerable to disruptions, which despite their low probability, carry high impact to the supply chains involved. The project thus investigates...
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| Format: | Final Year Project (FYP) |
| Language: | English |
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Nanyang Technological University
2021
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| Online Access: | https://hdl.handle.net/10356/152551 |
| _version_ | 1811689658037305344 |
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| author | Chiang, Kai Jun |
| author2 | Rajesh Piplani |
| author_facet | Rajesh Piplani Chiang, Kai Jun |
| author_sort | Chiang, Kai Jun |
| collection | NTU |
| description | In the pursuit of cost efficiency, global supply chains have continued to prioritise short-term gains tailored for stable environments. This often leave them vulnerable to disruptions, which despite their low probability, carry high impact to the supply chains involved. The project thus investigates the sources of such disruptions, the potential risks they bring to supply chain, and risk management strategies to cope with this inevitable risk. The project will specifically explore the effectiveness of the risk mitigation strategies adopted by Procter and Gamble Philippines in response to the COVID-19 global pandemic. A case study on the company’s supply chain structure during the pandemic is conducted to gain insights into the mitigation strategies Procter and Gamble Philippines had implemented. To further validate the effectiveness of their redesign of their supply chain structure, a simulation model is created to compare the performance of the supply chain before and after the pandemic and redesign, in term of lead times, number of backorders and time to fulfil backorders. The results obtained are then used to help suggest effective mitigation strategies to develop more resilient supply chains against disruptions. |
| first_indexed | 2024-10-01T05:51:36Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/152551 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:51:36Z |
| publishDate | 2021 |
| publisher | Nanyang Technological University |
| record_format | dspace |
| spelling | ntu-10356/1525512023-03-04T19:52:32Z Supply chain risk management Chiang, Kai Jun Rajesh Piplani School of Mechanical and Aerospace Engineering Procter & Gamble MRPiplani@ntu.edu.sg Engineering::Industrial engineering::Supply chain Engineering::Mechanical engineering In the pursuit of cost efficiency, global supply chains have continued to prioritise short-term gains tailored for stable environments. This often leave them vulnerable to disruptions, which despite their low probability, carry high impact to the supply chains involved. The project thus investigates the sources of such disruptions, the potential risks they bring to supply chain, and risk management strategies to cope with this inevitable risk. The project will specifically explore the effectiveness of the risk mitigation strategies adopted by Procter and Gamble Philippines in response to the COVID-19 global pandemic. A case study on the company’s supply chain structure during the pandemic is conducted to gain insights into the mitigation strategies Procter and Gamble Philippines had implemented. To further validate the effectiveness of their redesign of their supply chain structure, a simulation model is created to compare the performance of the supply chain before and after the pandemic and redesign, in term of lead times, number of backorders and time to fulfil backorders. The results obtained are then used to help suggest effective mitigation strategies to develop more resilient supply chains against disruptions. Bachelor of Engineering (Mechanical Engineering) 2021-08-30T00:35:44Z 2021-08-30T00:35:44Z 2021 Final Year Project (FYP) Chiang, K. J. (2021). Supply chain risk management. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/152551 https://hdl.handle.net/10356/152551 en B172 application/pdf Nanyang Technological University |
| spellingShingle | Engineering::Industrial engineering::Supply chain Engineering::Mechanical engineering Chiang, Kai Jun Supply chain risk management |
| title | Supply chain risk management |
| title_full | Supply chain risk management |
| title_fullStr | Supply chain risk management |
| title_full_unstemmed | Supply chain risk management |
| title_short | Supply chain risk management |
| title_sort | supply chain risk management |
| topic | Engineering::Industrial engineering::Supply chain Engineering::Mechanical engineering |
| url | https://hdl.handle.net/10356/152551 |
| work_keys_str_mv | AT chiangkaijun supplychainriskmanagement |