Reliable container line supply chains |
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Authors: | Zaili Yang Steve Bonsall Alan Wall Jin Wang |
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Institution: | 1. Liverpool John Moores University, UK
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Abstract: | Container line supply chains, based on a near-frictionless international transport belief, have contributed to economic prosperity
and also rendered themselves uniquely vulnerable to various risks. 9/11 terrorists attacks, the lock-out of American West
Ports and the global breakout of SARS disease have gradually shown that a) the safety and reliability in the chains are facing
an unprecedented challenge and b) traditional engineeringbased risk assessment methods are inadequate to deal with the threats
from variational environments, especially in the era of terrorism rampancy. The purpose of this paper is, therefore, to develop
a conceptual risk assessment model for container line supply chains based on a modified Formal Safety Assessment (FSA) methodology
that takes risks from vulnerability rather than only hazards into account. It gives particular emphasis on the analysis of
the threats with a high level of uncertainty from both safety and economic viewpoints. The advantages of the vulnerability-based
risk analysis approach to the hazard-based one are clarified and both engineering-based and managerial risk assessments are
also discussed. |
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