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ABSTRACT
The value of criticality: Gauging issues in supply nets
Modern day supply chains encompass both geographically disparate activities and planning processes for multiple companies or various interdependent time horizons. To be able to effectively manage these supply chains it is not only necessary to strategically plan the future of the underlying network of participating companies but also to schedule and monitor the ongoing production and logistics activities on a regular basis. Unfortunately, available information systems do not provide an adequate way to handle disruptions. If at all, they employ inter-organizational workflows to keep track of activities and notify a pre-set recipient in case something goes wrong. But in order to be able to focus their attention on urgent problems, managers need a means to gauge the criticality of a symptom. This paper tries to fill this gap by introducing a Value of Criticality (VoC) that indicates how serious the faced deviation really is.
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