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Supply chain risk analysis with fuzzy cognitive maps

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3 Author(s)
O. Feyzioglu ; Department of Industrial Engineering, Galatasaray University, Istanbul, Turkey ; G. Buyukozkan ; M. S. Ersoy

To achieve continuous customer satisfaction and sustain competency, a company must identify, evaluate, rank, and manage its supply chain risks. These risk factors and system components are linked in a complicated manner via direct and indirect relationships. This study suggests a systematic way of analyzing supply chain risks using a cognitive map (CM) approach. CMs have proven particularly useful for solving problems in which a number of decision variables and uncontrollable variables are causally interrelated.

Published in:

2007 IEEE International Conference on Industrial Engineering and Engineering Management

Date of Conference:

2-4 Dec. 2007