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Uncertainty, Risk and Complexity

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Adaptive Supply Chain Management
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Abstract

In the focus of this chapter are the issues of uncertainty, risk and complexity in SCs. We discuss the origins of uncertainty, risk and complexity and provide proper classifications. The uncertainty factors are divided into environmental uncertainty, human thinking and decision-making uncertainty. The distinguishing purposeful and non-purposeful perturbation influences also form the basis of the proposed classifications. Subsequently, issues in SC complexity are presented. We conclude this chapter by analysing the practical issues of uncertainty in SCs. This chapter shows the interrelations between uncertainty and complexity management. The interlinking of uncertainty, risk, disturbances and deviations are discussed. Finally, constructive arguments to consider SCs as complex systems are discussed.

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(2010). Uncertainty, Risk and Complexity. In: Adaptive Supply Chain Management. Springer, London. https://doi.org/10.1007/978-1-84882-952-7_5

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  • DOI: https://doi.org/10.1007/978-1-84882-952-7_5

  • Publisher Name: Springer, London

  • Print ISBN: 978-1-84882-951-0

  • Online ISBN: 978-1-84882-952-7

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