Measurement of supply risk and determining supply strategy, case study A refrigerator making company.pdf
Creators: name: Seifbarghy, Mehdi
Publisher: name: figshare
Year: 2020
Subjects: subject: 99902 Engineering Instrumentation
subject: FOS: Other engineering and technologies
subject: FOS: Other engineering and technologies
subject: 90603 Industrial Electronics
subject: FOS: Electrical engineering, electronic engineering, information engineering
subject: FOS: Electrical engineering, electronic engineering, information engineering
subject: 90505 Infrastructure Engineering and Asset Management
subject: FOS: Civil engineering
subject: FOS: Civil engineering
subject: 91599 Interdisciplinary Engineering not elsewhere classified
subject: 91003 Machine Tools
subject: 91004 Machining
subject: 91099 Manufacturing Engineering not elsewhere classified
subject: 91005 Manufacturing Management
subject: 91006 Manufacturing Processes and Technologies (excl. Textiles)
subject: 91007 Manufacturing Robotics and Mechatronics (excl. Automotive Mechatronics)
subject: 91008 Manufacturing Safety and Quality
subject: 91199 Maritime Engineering not elsewhere classified
subject: FOS: Environmental engineering
subject: FOS: Environmental engineering
subject: 91299 Materials Engineering not elsewhere classified
subject: FOS: Materials engineering
subject: FOS: Materials engineering
subject: Mechanical Engineering
subject: FOS: Mechanical engineering
subject: FOS: Mechanical engineering
subject: 91399 Mechanical Engineering not elsewhere classified
subject: 90304 Medical Devices
subject: FOS: Medical engineering
subject: FOS: Medical engineering
subject: 90404 Membrane and Separation Technologies
subject: FOS: Chemical engineering
subject: FOS: Chemical engineering
subject: 91207 Metals and Alloy Materials
subject: 91306 Microelectromechanical Systems (MEMS)
subject: 90604 Microelectronics and Integrated Circuits
subject: 91009 Microtechnology
subject: 91404 Mineral Processing/Beneficiation
subject: 91405 Mining Engineering
subject: 91102 Naval Architecture
subject: 90904 Navigation and Position Fixing
subject: 90405 Non-automotive Combustion and Fuel Engineering (incl. Alternative/Renewable Fuels)

description: One of the initial researches on supply risk criteria in a supply chain is that of Kraljic [1]. This research gives a method to classify supplied items into four categories in terms of risk and price share and presents a set of strategies to supply the items of each category. Although the addressed research gives some criteria to measure supply risk but it is not applicable in each industry due to lack of adequate criteria and the way to measure and quantify the supply risk. In this paper, we consider a refrigerator making company whose the whole items are classified into 61 groups. Reviewing the literature shows that the supply risk of each item can be precisely measured with respect to the availability of the corresponding suppliers, number of suppliers, competitive demand, purchasing or making opportunities, storage possibilities, limitations and barriers against importing, replacement possibility and exclusiveness for a refrigerator making company. We have proposed using fuzzy numbers in order to quantify most of the qualitative criteria. Measuring the supply risk and computing the price share of each item, the whole items are classified into four categories as the method given by Kraljic [1] and accordingly the corresponding supply strategy is determined.