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Influencing Factors of Inflaminability of Supply Chain Quality Risk Cascade Failure

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DOI: 10.23977/ferm.2023.060305 | Downloads: 6 | Views: 336

Author(s)

Taimin Ding 1, Qiang Liu 1, Xueping Li 1, Ming Liu 1

Affiliation(s)

1 School of Economics and Management, Liaoning University of Technology, Jinzhou, Liaoning, 121001, China

Corresponding Author

Xueping Li

ABSTRACT

Supply chain quality risk networks are prone to cascade failures under emergencies, and the changes of cascade failure edges or important nodes will have a great impact on the invulnerability of the network. It is easy to lead to the destruction of the enterprise or market supply chain, so it is necessary to maintain the normal operation of the supply chain, and the quality risk of the supply chain as one of the normal operation of the supply chain, should be reduced by quality risk, so this paper uses the literature review method to analyze the factors affecting quality risk, and then use the influencing factors of supply chain quality risk to study and analyze the destructiveness. It is of great significance to understand the cascade failure diffusion mechanism in supply chain quality risk network to improve the invulnerability of supply chain quality risk cascade failure. Therefore, based on the characteristics of the supply chain quality risk network, the influencing factors of cascade failure invulnerability include order error rate, logistics delay, material change, insufficient inventory control, and inadequate quality management in the supply chain. Through the factors influencing the involution of the invulnerability of cascade failure, we propose and take measures, that is, strengthen information symmetry, establish a sound management system, strengthen quality assessment, etc. And measures to reduce the occurrence of cascade failure resistance.

KEYWORDS

Supply chain quality risk network, cascade failure, involvability, influencing factors

CITE THIS PAPER

Taimin Ding, Qiang Liu, Xueping Li, Ming Liu, Influencing Factors of Inflaminability of Supply Chain Quality Risk Cascade Failure. Financial Engineering and Risk Management (2023) Vol. 6: 28-33. DOI: http://dx.doi.org/10.23977/ferm.2023.060305.

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