SUPPLY CHAIN SYSTEMS: A RELIABILITY EVALUATION
Along each supply chain, numerous links exist, embracing material suppliers, production facilities, distribution services, warehouses, service centers and customers – in a cohesive entity. These chain partners co-ordinate and collaborate with their decisions and activities, thus creating sustainable competitiveness. However, as the efficiency of the supply chain increases, the risk of disruption or breakdown increases. The inability to deliver a supply part due to disruption can have a significant impact on the performance of a Supply Chain. Reliability plays an important role in dealing with the risk of disruptions. This article incorporates aspects of reliability into the traditional Supply Chain model and evaluates the supply chain system through reliability analysis.