Multistage Logistic Network Optimization under Disruption Risk

Getting over disruptions risk has been a challenging issue for many companies under the globalization that will link to potential external source such as demand uncertainties, natural disasters, and terrorist attacks. The disruption is an unexpected event that disturbs normal flows of products and materials within a supply chain. The disruption at one members of supply chain will propagate the offers and finally affect significant impacts on the entire chain. If we look back at the natural disasters in the recent decade, we know the supply chain activities have been put at the edge of high risk that bring catastrophic impact to companies. Not only such disruptions in the supply chain are increasing in frequency, but also the severity of their impact is escalating in terms of costs and losses. Since they will eventually bring a company a partial or complete halt, it is avoidable to consider disruption as a potential threat to supply chain and logistic network. Thereat, we can anticipate the disruption by considering preventive action to ensure the supply chain. If the supply chain takes preventive action against the disruption, such action i