Dynamic Recovery Policies for Time-Critical Supply Chains under Conditions of Ripple Effect
Dmitry Ivanov, Boris Sokolov, Inna Solovyeva et al.
supply chain management
We consider time critical supply chains in the Australia dairy industry and re-covery policies in the presence of the ripple effect. Ripple effect is the impact of a dis-ruption on supply chain economic performance and disruption-based scope of changes needed in the supply structures and parameters to preserve the resilience. First, we de-scribe the ripple effect in general and one example of the ripple effect in the dairy supply chain in Australia. Second, we present a model for reactive recovery policies in the dairy supply chain under conditions of the ripple effect and exemplify them on a simulation example. The results of this study can be used in future for comparing proactive and re-active approaches to tackling the ripple effect from resilience and flexibility views.