Abstract
In recent years, supply chain risk management has been followed with interest due to the short life cycle of products. How to identify risk indicators can help evaluate risks on supply chains. Commonly adopted methods such as Fuzzy to determine the level of risks have limitations. In this paper, a framework of supply chain risk evaluation is first proposed and risk indicators are identified by theoretical surveys from 35 keywords and empirical analysis from 448 questionnaires. Moreover, both linguistic risk assessment model and Cloud model are used to evaluate risks of supply chain. The Cloud model evaluation results are between general risk and high risk but closer to high risk. In addition, Cloud expected value of risk is 6.54 which is within the high-risk range, and evaluation results are also high risk. It is shown that when the weights are the same, the cloud model can determine the priority of risk indicators, and reflect volatility and randomness comparing with other evaluation methods.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
