Assessing and Enhancing Readiness in Hyperconnected Supply Chains

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IPIC2024_AssessingAndChains_46.pdf (815.94 KB)
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Metin Inan, M.
Lauras, Matthieu
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https://hdl.handle.net/1853/75427
 https://doi.org/10.35090/gatech/11078
Abstract
This paper investigates the resilience of supply chains (SCs) against a backdrop of escalating disruptions, developing a quantitative, performance-oriented metric to evaluate SC readiness and the efficacy of Physical Internet (PI) concepts in enhancing SC resilience. We employ the resilience triangle concept, traditionally used in infrastructure resilience assessments, to measure SC performance dynamics over time. Our findings reveal that PI concepts significantly improve SC resilience by improving the distribution and storage of goods across a network of Open Contracted Storage Centers (OCSCs). Sensitivity analysis further demonstrates the profitability of these strategies, even when the holding cost ratio in OCSCs is substantially higher than in traditional warehouses. This research contributes to the field by providing a framework for a priori SC resilience assessment, offering insights into the potential of PI concepts to create more adaptive, robust, and efficient SCs. Future research directions include applying these findings to various industrial sectors and exploring long-term impacts on global SC networks.
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2024-05
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