Assessment Task 1: Risk Analysis
Task: You will be given few reports from supply chain risk management. You need to analyse those reports from a strategic perspective. You should identify the potential risks and their impact - both quantitative and qualitative. You should also analyse the potential causes of the risk and how the risk affects the whole supply chain network. You should suggest the strategies with their strengths and weaknesses. You should also perform a comparative analysis from the reports for the last few years.
Reports: supply chain resilience reports 2012- 2016
Assessment Task 2: Group Project (Group)
Task: Report on identification of different types of sudden risks and disruptions in an Australian supply chain system. Discuss the potential impact and strategies to deal with them. You also need to discuss benefits by applying disruption management strategies. You should consider all supply, operations and distribution systems to develop the report.
Assessment Task 3: Research Project (Individual)
Task: Research on quantitative models in supply chain risk, uncertainty and disruption management. The research should focus on different categories of risks, uncertainty and disruptions, critical review, quantitative models to handle supply chain risks, uncertainty and disruptions and their contributions and limitations, research gaps in the literature and future research direction for a better resilient supply chain. The research should also demonstrate a reflective approach to building organisational agility through adoption of professional risk and complexity management practices in supply chains with particular emphasis on ethical and social responsibility issues in risk management.
Assessment task 1: Risk Analysis (Individual)
The assignment consists of analysing reports and preparation of a report (maximum 4000 words, Excluding executive summary, appendices and references). You will be given some reports from supply chain risk management. You need to analyse the reports from a strategic perspective. You should identify the potential risks and their impact - both quantitative and qualitative. You should suggest the strategies with their strengths and weakness. You should also perform a comparative analysis from the reports for the last few years.
The reports from last 5 years are provided: supply chain resilience reports 2012-2016 (see UTSonline)
You should identify the different key findings of the report and critically analyse their trend and consequence in business. How disruptions and their consequences are trending from 2012 to 2016? Which disruption causes are becoming more important and challenging to manage? Then you should suggest some general strategies to manage the disruption. The report should consist following sections:
a) Introduction
b) Summary of key findings from the reports
c) Trend analysis from 2012-2016
d) Consequences in Business
e) General mitigation strategies
f) Discussion and Conclusion
Here are some examples of key findings you can consider to analyse the trend:
i. Top causes of disruption
ii. Revenue loss
iii. Loss of productivity
iv. Customer complaints
v. Brand reputation and image and so on.
Examples of consequences in business:
i. Loss
ii. Revenue
iii. Productivity
iv. Customer satisfaction
v. Business goodwill and so on.
Here are few examples of general strategies.
i. Multiple suppliers
ii. Insurance
iii. Inventory buffer
iv. Backorder
v. Safety stock
vi. Outsourcing and so on.
Structure and format of report
1) Title page (Provided through UTSOnline)
2) Executive summary
Different risk and disruptions
Trend of disruptions and their consequences
3) Introduction
The introduction should include background to the reports and an explanation different disruption causes. Briefly explain why managing risk is important, and how business (both causes and consequences) is trending?
4) Summary of key findings from the reports
You should analysis reports from 2012 to 2016 and summarise the key findings in last five years.
5) Trend analysis from 2012-2016
In this section, you should analyse the trend of disruption causes and consequences from 2012 to 2016. How disruption causes and consequences are trending? You should use graph and tables to analyse the trend.
6) Consequences in Business
You should find the quantitative consequences from the reports summarise the results for last few years. Which few are the most severe consequences? How business is affected?
7) General mitigation strategies
You should explain about the general strategies to be useful in supply chain. What are the benefits and usefulness of applying such strategies?
7) Discussion and Conclusion
You need to discuss your findings and how the findings can be helpful for the business. You should also discuss if there any limitation of the study.
8) References
The project is directed at the collection and analysis of data, if you use material from another source then references it properly. You should cite at least 15 references in your assignment.
Assessment task 2: Group Project (Group)
The group assignment consists of a research and analysis report (maximum 5000 words, Excluding executive summary, appendices and references). The task is on identification of different types of sudden risks and disruptions in an Australian supply chain system. Discuss the potential impact and strategies to deal with them. You also need to discuss benefits applying disruption management strategies. You should consider all supply, operations and distribution systems to develop the report.
You need to consider yourself being a consultant helping the company dealing with the issue. We are looking for creative solutions proposed by groups.
For your group assignment, you can consider any type of organisation such as:
a) Food processing
b) Apparel manufacturing, and
c) SMEs
You should identify the sudden risks and disruptions for the organization. Then discuss the impact (both qualitative and quantitative) of those risks in business. You should also suggest and discuss the strategies, which an organization could adopt, to manage the identified risks. The report should consist following sections:
a) Introduction
b) Identified sudden risks and disruptions
c) Impact of sudden risks and disruptions
d) Strategies to deal with risks and disruptions
e) Discussion and Conclusions
Here are few examples of example of sudden risk and disruptions
i. Sudden supply failure
ii. Sudden demand changes
iii. Quality problem
iv. Supply delay
v. Natural disaster
vi. Theft and vandalism
vii. Legal risk
viii. Sudden machine breakdown
ix. Technological disruption and so on Examples of impact on:
i. Profit/revenue
ii. Product quality
iii. Productivity
iv. Customer satisfaction
v. Business goodwill
vi. Supplier relation and so on.
Here are few examples of example of strategies
i. Multiple suppliers
ii. Insurance
iii. Inventory buffer
iv. Backorder
v. Safety stock
vi. Outsourcing
vii. Use of information technology
viii. Local sourcing and so on.
Student needs to collect information from actual case or literature. Valid sources for obtaining such information may include:
1. Visits to the case company and interviewing key personnel
2. Secondary data from online
3. Company's annual/quarterly reports
4. Related operations and supply chain management articles and news.
Structure and format of report
1) Title page (Provided through UTSOnline)
2) Executive summary
Identified sudden risk and disruptions
Importance to manage sudden risk and disruption Main strategies
Expected benefits and usefulness
3) Introduction
The introduction should include background to the organisation and an explanation of the identified sudden risks and disruptions. Briefly explain why managing sudden risk is important, and explain the potential benefit of managing risks.
4) Identified sudden risks and disruptions
Here you explain the different types of identified sudden risks and disruptions with causes and their characteristics. You should also explain how you collect all the information to identify the risks and disruptions
5) Impact of sudden risks and disruptions
In this section, you should describe the impact of the sudden risk and disruptions in business. You should explain both quantitative and qualitative impact. How an organisation loses their business if the risk is not managed properly?
6) Strategies to deal with sudden risks and disruptions
You should explain about the strategies to be useful to manage the sudden risk and disruptions. You should also explain how strategies can be implemented with their pros and cons. What are the benefits and usefulness of applying such strategies?
7) Discussion and Conclusion
You need to discuss your findings and how the findings can be helpful for the business. You should also discuss if there any limitation of the study.
8) References
The project is directed at the collection and analysis of data, if you use material from another source then references it properly. You should cite 15-20 references in your assignment.
Assessment task 3: Research Project (Individual)
This assignment consists of a research paper (maximum 5000 words, Excluding abstract, appendices and references). The task involves research on quantitative models in supply chain risk, uncertainty and disruption management. The research should focus on different categories of risks, uncertainty and disruptions, critical review, quantitative models to handle supply chain risks, uncertainties and disruptions and their contributions and limitations, research gaps in the literature and future research direction for better resilient supply chain.
You need to review the literature as a researcher to explore and critically analyse the quantitative models in supply chain risk, uncertainty and disruption management. You should also consider ethical and social responsibility aspect in risk management. We are looking for a creative review paper for this assessment.
You should review the relevant literature from different databases such as scopus, google scholar, and publisher sites (science direct, emerald, springer and so on). You should select at least 60-70 papers (most of them should be from 2008- present) for this research paper. After the analysis of the published papers in the field, you also need to suggest a future research direction. The research paper should consist following sections:
a) Introduction
b) Literature review on quantitative models
c) Ethical and social responsibility for risk management
d) Analysis
e) Future research direction
f) Discussion and Conclusion
Structure and format of paper
1) Title page (Provided through UTSOnline)
2) Abstract
Why Quantitative models are important? What is the limitation of current study?
What are the most important findings?
3) Introduction
The introduction includes the background and rationale of the research. You should also explain the risk and disruption in supply chain systems with their impact in business. Why it is necessary to manage risk and disruption in supply chain systems? How this paper has been organised? You should cite few papers here.
4) Literature review on quantitative models
Here you should identify the most relevant papers from the literature. You can categorise them in different domains (such as uncertainties, risk, and disruption). You also can sub- categorise again (such as Uncertainty: demand uncertainty and supply uncertainty; Risk: Demand risk, supply risk, process risk and transportation risk; Disruption: Natural and Man- made; so on). You should develop a story for each category/sub-category to understand the research progress. You also explain the contribution and limitation of those studies.
5) Ethical and social responsibility for risk management
In this section, you focus on ethical and social risk in the business. You should study some relevant papers (at least 5) from the literature which consider ethical and social responsibility aspects in risk management. You do not need to consider quantitative models for this section. You should answer following questions.
What are the ethical responsibility principles in risk management? What are the social responsibility practices in risk management?
What are the frameworks applied for business practice in terms of ethical and social responsibility?
6) Analysis
You should analyse the papers quantitatively here. You can analyse the papers again with some other parameters (such as journal name, author name, publish year, aspect of risk, uncertainty and disruption and so on). You should use some graphs and table to describe your findings.
7) Future research direction
In this section, you should summarise the review and findings. You should also summarise the contribution and limitations of the studies. Based on those findings, you should suggest the future research direction.
8) Discussion and Conclusion
You need to discuss your findings and how the findings can be helpful for the research. You should also discuss if there any limitation of the study.