Charles A. Briggs, PhD ’10, transportation and logistics, received the “Best Paper Award” from the International Academy of Business and Public Administration Disciplines for the paper, “Managing and Mitigating the Upstream Petroleum Industry Supply Chain Risks: Leveraging Analytic Hierarchy Process.” The paper was co-written with Denver Tolliver and Joseph Szmerekovsky, both of NDSU. Briggs accepted the award at the organization’s fall conference in Memphis, Tenn.
The paper addresses the oil industry supply chain as it continues to grow longer and more complex, searching for ways to mitigate risks of disruption. The Analytic Hierarchy Process used in the study provides a decision support framework to cope with multiple criteria decision-making situations. Results from the analysis suggest the preferred method of mitigating the supply chain risk is to internalize and manage the risks, rather than pass them onto a third party.
According to its website, the International Academy of Business and Public Administration Disciplines strives to promote excellence in public administration and all business disciplines through conferences and publications. For more information on the academy, visit www.iabpad.com.