Resilient Supply Chain Framework for Semiconductor Distribution and an Empirical Study of Demand Risk Inference

Author:

Fu Wenhan1,Jing Sheng2,Liu Qinming1ORCID,Zhang Hao1

Affiliation:

1. Business School, University of Shanghai for Science and Technology, Shanghai 200093, China

2. School of Electrical and Computer Engineering, Cornell University, Ithaca, NY 14853, USA

Abstract

Supply chain uncertainty is high due to low information transparency in the upstream and downstream, long lead time for supply chain planning, short product life cycles, lengthy production cycle time, and continuous technology migration. The construction and innovation of the new program of supply the chain faces huge challenges. This study aims to propose a smart resilient supply chain framework with a decision-making schema through the plan-do-check-act management cycle. It can enhance supply chain resilience and strengthen industrial competitiveness. Moreover, an empirical study of demand forecast and risk inference for semiconductor distribution is conducted as a validation. Through demand pattern clustering and forecasting for historic customer order behaviors, the demand status of each customer is classified, and an optimal planning solution is released to support decision-making. The result has shown the practical viability of the proposed approach to drive collaborative efforts in enhancing demand risk management to improve supply chain resilience. The proposed forecast model performs better than all four benchmark models, and the revised recall of the proposed risk reference model shows high accuracy in all demand risk levels. As supply chain resilience is about to be reconstructed due to the industrial revolution, a government and industry alliance should follow the resilient supply chain blueprint to gradually make the manufacturing strategy a technology platform in the Industry 4.0 era.

Funder

National Natural Science Foundation of China

Humanity and Social Science Planning foundation of Ministry of Education of China

Colleges and Universities Young Teachers Training and Funding Program of Shanghai Municipal Education Commission

Doctoral Start-up Foundation Project of the University of Shanghai for Science and Technology

Science and Technology Development Project of University of Shanghai for Science and Technology

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

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