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An Idea for Modelling Exogenous Shocks on Supply Networks Using Petri Nets

Title data

Fridgen, Gilbert ; Stepanek, Christian ; Wolf, Christian:
An Idea for Modelling Exogenous Shocks on Supply Networks Using Petri Nets.
2011
Event: 13th IEEE Conference on Commerce and Enterprise Computing (CEC) , September 2011 , Luxembourg, Luxembourg.
(Conference item: Conference , Paper )

Official URL: Volltext

Abstract in another language

Almost all major companies are embedded in complex, global supply networks. Exogenous shocks on these networks (e.g. shortages of natural resources, natural disasters) can indirectly impact companies that are not even aware of their dependencies. This short-paper deals with the idea of modeling and analyzing impacts of exogenous shocks on supply networks using Petri nets. It is especially relevant for high-tech industries (wind and solar energy, besides others) as these are highly dependent e.g. upon rare earth metals. Today, 97% of the global rare earth metals supply is controlled by China, which is continuously lowering export rates due to own requirements. The final objective of this research stream will be to provide means to simulate and evaluate the vulnerability of companies against exogenous shocks affecting their supply networks.

Further data

Item Type: Conference item (Paper)
Refereed: Yes
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management > Professorship Business Informations Systems and sustainable IT management- Univ.-Prof. Dr. Gilbert Fridgen
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Faculties
Faculties > Faculty of Law, Business and Economics
Result of work at the UBT: No
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 31 Mar 2015 12:13
Last Modified: 31 May 2017 12:32
URI: https://eref.uni-bayreuth.de/id/eprint/7840