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Supply chain security evaluation model and index system based on a 5G information system.

Jingfeng Zhao1, Yan Li1

  • 1College of Management and Economic, North China University of Water Resources and Electric Power, Zhengzhou, 450000 Henan China.

Neural Computing & Applications
|November 3, 2021
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Summary

This study introduces a complex network approach to analyze supply chain risks, proposing a new model for evaluating supplier cooperation and development abilities. The research demonstrates a feasible method for assessing supply chain security and risk propagation dynamics.

Keywords:
5G Information systemEvaluation modelIndex systemSupply chain security

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Area of Science:

  • Systems Engineering
  • Network Science
  • Supply Chain Management

Background:

  • Modern supply chain management is globally adopted, with companies like IBM and Walmart achieving success but facing significant risks.
  • Traditional supply chain models need enhancement to address evolving enterprise-supplier relationships and inherent network vulnerabilities.

Purpose of the Study:

  • To systematically investigate supply chain network risks using complex network theory.
  • To develop a novel framework for evaluating supplier cooperation and development capabilities.
  • To propose a supply chain security evaluation model and index system.

Main Methods:

  • Application of complex network theory to model supply chain structures.
  • Analysis of enterprise-supplier relationship characteristics and development of evaluation indicators.
  • Introduction of dynamic propagation theory from complex networks to model risk evolution.
  • Development of a supplier's dynamic supply chain risk model.

Main Results:

  • A supply chain security evaluation model and index system framework were proposed.
  • The study analyzed intercompany business risks and supply chain network evaluation.
  • Experimental results demonstrated the influence of global and local reputation values on trust degree, showing convergence based on confidence factors.
  • The proposed model exhibited high feasibility in evaluating supply chain risk propagation.

Conclusions:

  • The complex network approach provides a robust framework for understanding and managing supply chain risks.
  • Evaluating supplier cooperation and development abilities is crucial for enhancing supply chain resilience.
  • The developed dynamic risk propagation model offers insights into how risks evolve within supply chain networks.
  • The proposed security evaluation model is feasible and effective for practical application in supply chain management.