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Analysis of multi-mitigation scenarios on maritime disruptions
Citation
Gurning, ROS and Cahoon, S, Analysis of multi-mitigation scenarios on maritime disruptions, Maritime Policy & Management: The flagship journal of international shipping and port research, 38, (3) pp. 251 -268. ISSN 0308-8839 (2011) [Refereed Article]
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Copyright Statement
Copyright 2011 Taylor & Francis
DOI: doi:10.1080/03088839.2011.572701
Abstract
This paper assesses four major mitigation strategies (inventory and sourcing
mitigation, contingency rerouting, recovery planning and business continuity
planning) to determine their suitability for managing potential disruptions in the
wheat supply chain. In the wheat supply chain, maritime operations have an
essential role due to the critical linkages that connect the global transport of this
high density and complex freight task. Maritime logistical risks are wide-ranging
and include the uncertainty in vessel arrivals, inventory levels of grain at the port,
variety of arriving wheat consignments, and the impact of a low rail car unloading
rate and performance of maritime logistic services. These significant factors could
subsequently create severe disruptive events in the supply chain process of wheat
trading. A Markovian-based methodology is the prime means used to evaluate
the mitigation strategies in the context of wheat transport from Australia to
Indonesia. As a result, the four-stage continuous time period of the Markov chain
application enables the measurement and prediction of supply chain costs and
time functions in relation to potential disruptive events. This may assist entities
along the wheat supply chain to be better prepared both when attempting to
manage maritime disruptions and re-evaluating their supply chain operation
planning.
Item Details
| Item Type: | Refereed Article |
|---|---|
| Keywords: | shipping, disruptions, mitigation, Indonesia |
| Research Division: | Commerce, Management, Tourism and Services |
| Research Group: | Transportation, logistics and supply chains |
| Research Field: | Transportation, logistics and supply chains not elsewhere classified |
| Objective Division: | Transport |
| Objective Group: | Water transport |
| Objective Field: | International sea freight transport (excl. live animals, food products and liquefied gas) |
| UTAS Author: | Gurning, ROS (Mr Raja Gurning) |
| UTAS Author: | Cahoon, S (Professor Stephen Cahoon) |
| ID Code: | 77011 |
| Year Published: | 2011 |
| Web of Science® Times Cited: | 20 |
| Deposited By: | NC Ports and Shipping |
| Deposited On: | 2012-03-16 |
| Last Modified: | 2017-11-14 |
| Downloads: | 1 View Download Statistics |
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