A resource allocation problem for the business continuity plan in the supply chain network

Abstract

In Business Continuity Management (BCM), each organization assesses risk caused by natural disasters and prepares its critical processes to continue its operation at the acceptable level. Recently many natural disasters caused large scale disruptions to the global supply chain networks and more companies are now trying to establish its disaster readiness by adopting BCM strategy. In this paper, we develop a resource allocation model that minimizes the loss of business resilience during BCM recovery plan. The proposed model is a variant of the multi-commodity network flow model in the timelevel expanded network. Some computational results are shown to validate the proposed model. © 2016 ICIC International.