An assessment model to evaluate supply chain resiliency: application in the assembly industry
In the last few years, many authors have addressed the topic of supply chain vulnerability. The main limitation of the current body of literature is its scarce use of empirical evidence. In addition, only limited attention has been paid to how companies actually respond to risk. This work aims to further develop our understanding of how companies maintain their resiliency. Specifically, this paper will present an assessment model for evaluating the extent to which companies implement risk mitigation practices. The development process for the model involved two steps. First, based on a literature review, a draft of the assessment model was designed and operationalised via a questionnaire. Then, to evaluate the validity of the model, five case studies were conducted. The model allows us to evaluate the firms’ ability to reduce their vulnerability and it will also allow us to identify when specific practices are most applicable.
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