Preview

DHL supply chain risk management

Powerful Essays
Open Document
Open Document
2743 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
DHL supply chain risk management
HOW DOES DHL MANAGE GLOBAL SUPPLY CHAIN RISK

MGT 628 OPERATIONS MGT & MGT SYSTEMS

Tuan Zhang

Content
Overview 3
What is Global Supply Chain Risk? 3
Risk: A Daily Fact of Life in DHL 5
What is the DHL supply chain analysis ? 7
How can we reduce the supply chain risk? 8
DHL Managing Risks in Supply Chains. 10
DHL Resilience360 Risk Assessment 12
Supply Chain Visualization 12
Risk Exposure Mapping 13
Risk & Resiliency Assessment 13
Risk Mitigation Plans 14
DHL Resilience360 Incident Monitoring 15
Supply Chain Visualization 15
Risk Incident Monitoring 16
Conclusion 17
Reference 18
Overview
DHL Express is a division of the German logistics company Deutsche Post DHL providing international express mail services. Deutsche Post is the world's largest logistics company operating around the world. DHL is a world market leader in sea and air mail.
Over the last decade, many companies faced extreme supply chain challenges that stretched their capabilities to the breaking point. Both the preponderance of natural disasters and huge economic swings caused extreme challenges across the supply chain. These challenges have not diminished. Supply chains, which once functioned almost on autopilot, face many dangers today in both the global and the domestic market.
What is Global Supply Chain Risk?

Risks in a supply chain occur when unexpected events might disrupt the flow of materials on their journey from initial suppliers through to final customers. Internal risks appear in normal operations such as late deliveries, excess stock, poor forecasts, minor accidents, human error, faults in information technology. External risks appear from outside the chain such as earthquakes, hurricanes, wars, disease outbreaks, crime, terrorist attacks.
Effectively managing supply chain risk, while always important, is becoming increasingly critical. Companies are sourcing materials from an ever-expanding universe of suppliers, boosting the complexity of their supply chains. Chasing

You May Also Find These Documents Helpful

  • Satisfactory Essays

    In order to remain competitive, a company must offer superior quality goods or services at the lowest prices possible. Supply chain enables a company to reduce the cost while increasing the efficiency. However, there are risks that are associated with such benefits. These issues should be properly addressed when a company is trying to rely heavily on supply chain management in order to stay competitive within its industry.…

    • 466 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    CIS 429

    • 639 Words
    • 2 Pages

    -The supply chain can dramatically impact a company’s base performance in many ways. The supply chain has multiple stages and typically involves more than one party. In order for the supply chain to correctly flow through its stages, every party needs to play their role in the chain correctly. For example, the…

    • 639 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Supply Chain Management 101 (2006). Retrieved April 17, 2006 from the World Wide Web at http:/www.supplymanagement101.com/…

    • 806 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Project Procurement

    • 504 Words
    • 3 Pages

    With the increased globalization, competition and complexity in global supply chains, more companies have realized that supply chain management is critical to the optimal organizations overall operation. It is not longer just the responsibility of the warehouse manager and logistics director. In the past, many organizations didn’t manage their supply chains they left that up to the suppliers. Usually the supply chain planning, marketing, production and inventory management in most organizations operated as separate departments (Stevenson, 2009). Businesses have recognized the strategic importance and the need for effect and efficient supply chains in operations management (Stevenson, 2009).…

    • 504 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Tesco

    • 7490 Words
    • 30 Pages

    o Finch P. (2004) Supply chain risk management, Supply Chain Management: An International Journal, Vol. 9 Issue 2, pp.183-196;…

    • 7490 Words
    • 30 Pages
    Powerful Essays
  • Powerful Essays

    Contract Risk

    • 5239 Words
    • 21 Pages

    Events within the past decades have shown the extent to which companies, and subsequently their supply chains, are vulnerable to adverse events (Deleris, Erhun, and PatéCornell 2004). This observation should be an expected outcome of recent developments in supply networks. For instance, researchers comment on increasing reliance of corporate supply chains on transportation, utilities, and communication infrastructures (NACFAM report 2003 and Cranfield University report 2002). Trends such as globalization and offshoring further increase the complexities and interdependencies in supply chains which are now predominantly characterized by a large number of interrelated processes and products. However, the strategic and tactical decisions of a firm influence the extent to which its supply network is flexible in the…

    • 5239 Words
    • 21 Pages
    Powerful Essays
  • Best Essays

    Recently, supply chain management theory and practices are receiving a great deal of attention as effective tools for dealing with challenges that are generated by competitive and dynamic markets. Current business trends such as the increased use of outsourcing, the globalization of supply chains and the reduction in the supply base lead to greater exposure to risks. Other potential risks include a more integrated process among supply chain members, a reduction in buffer inventories, an increasing demand for on-time delivery within more limited time frames, shorter product life cycles and time-to-market, as well as capacity limitation and relatively high demand in the early stages of the product life cycle (Norrman and Jansson 2004). In recent years, the structure of supply chains has become more complex due to the growing levels of risk and…

    • 3285 Words
    • 14 Pages
    Best Essays
  • Good Essays

    Jit Production in Toyota

    • 1858 Words
    • 8 Pages

    Once one of the world's leading cell-phone manufacturers, Ericsson knows only too well how painful a disruption in the supply chain can be. It is a story that has become something of a legend in supplychain circles. In March 2000, a lightning bolt struck a Philips Electronics semiconductor plant in Albuquerque, N.M., triggering a small fire in a chip-processing machine that took the plant offline for months. Although the plant was Ericsson's sole supplier of chips for use in its cell phones, the company responded slowly to the problem and then found itself unable to secure an alternate source for the chips. Without the chips, the Swedish company was unable to keep up with the demand for its products, and ended up losing more than $2 billion in connection with the incident. In October 2001, less than two years after the fire, Ericsson cut its cellphone business exposure by entering into a joint venture with Sony. Considering Ericsson's tale of woe, it hardly comes as a surprise that supply-chain risks rank high on the list of corporate concerns in today's global marketplace. RISK RANKS HIGH Operational risk was identified as the most important risk that executives face today in a study titled "A Study of Corporate ERM in the U.S.," released by Towers Perrin last November. While the specific nature of a firm's operational risk varies, supply-chain risk emerged in the study as a particularly important issue across industries. One of the reasons for such a high level of concern is that supply-chain disruptions can have a profound impact on a manufacturer's sales and market share. Toyota, for example, lost production of 20,000 cars--at a cost estimated at $200 million in revenue-after the 1995 Kobe earthquake disrupted production at a plant that was the automaker's sole source supplier of brake shoes for domestic cars. While the stakes are high, the risk of a disruption has been escalating, as well, as a result of efforts to…

    • 1858 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Lall (2009) classified supply chains risk into different types depending on their origins. These include demand risk, internal risk, and external environment risk.…

    • 1502 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    In the above essay we have described about the risk management system of supply chain. We’ve also describe about risk identification that how to identify risk at early stages, and how to assess them in a row and we have also add a chart to show about the risk category that which is high and which is low. Then we have also…

    • 2370 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    DHL International GmbH (DHL) provides international express, air and ocean freight, road and rail transportation, contract logistics and international mail services to its customers. It provides customized solutions and integrated services for the management and transport of goods, information, letters, and payments. DHL also offers shipping management, mail services, worldwide dispatch of business mail, worldwide merchandise delivery, delivering publications, international direct marketing, and reliable door-to-door delivery, among others. The company operates in the Europe, Americas, and Asia Pacific. It operates as the subsidiary of Deutsche Post DHL.…

    • 550 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The document argues that most companies are optimistic on the economic raise in the next few years; however, they are deprived of capabilities to meet the increasing demand. It enumerates the challenges that supply chains will have to overcome to gain from an improving economy. These include;- the volatility and uncertainty of supply chains, truly global supplier networks, regionally cost optimized supply chain configurations, risk management and integration and empowerment of existing supply chain organizations.…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    People are the most important element of any service or experience. Services tend to be produced and consumed at the same moment, and aspects of the customer experience are altered to meet the 'individual needs' of the person consuming it. Most of us can think of a situation where the personal service offered by individuals has made or tainted a tour, vacation or restaurant meal. Remember, people buy from people that they like, so the attitude, skills and appearance of all staff need to be first class. Here are some ways in which people add value to an experience, as part of the marketing mix - training, personal selling and customer service. Here, we’ve worked on people part of DHL Express.…

    • 7182 Words
    • 29 Pages
    Powerful Essays
  • Powerful Essays

    Serious Gaming Learning

    • 4362 Words
    • 18 Pages

    References: [1] [2] I. Manuj and J. T. Mentzer, "GLOBAL SUPPLY CHAIN RISK MANAGEMENT," Journal of Business Logistics, vol. 29, pp. 133-155, 2008. R. D. Wilding, "The Mitigation of Supply Chain Risk," Inside Supply Chain Management, vol. 18, pp. 12-13, 2007.…

    • 4362 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Tesco Mis

    • 2812 Words
    • 12 Pages

    * Finch P. (2004) Supply chain risk management, Supply Chain Management: An International Journal, Vol. 9 Issue 2, pp.183-196…

    • 2812 Words
    • 12 Pages
    Powerful Essays