Petar Radanliev

Supply Chain Systems Architecture and Engineering Design: Green-field Supply Chain Integration

This paper developed a new theory for supply chain architecture, and engineering design that enables integration of the business and supply chain strategies. The architecture starts with individual supply chain participants and derives insights into the complex and abstract concept of green-field integration design. The paper presented a conceptual system for depicting the interactions between business and supply chain strategy engineering. The system examines the decisions made when engineering the business strategy, with regards to the supply chain design. The system derived with a new understanding of how strategies are integrated, and what are the implications for engineering successful strategies. The study revealed that supply chain design is not considered in great detail before architecting the business strategies. Thus, companies consequentially experience supply chain problems that are likely to be detrimental to the growth potentials. The paper also derived with the findings that proactive and pre-emptive involvement of supply chain participants in the strategy engineering process, would lead to a more robust strategic design.

Economic impact of IoT cyber risk - analysing past and present to predict the future developments in IoT risk analysis and IoT cyber insurance

This paper is focused on mapping the current evolution of Internet of Things (IoT) and its associated cyber risks for the Industry 4.0 (I4.0) sector. We report the results of a qualitative empirical study that correlates academic literature with 14 - I4.0 frameworks and initiatives. We apply the grounded theory approach to synthesise the findings from our literature review, to compare the cyber security frameworks and cyber security quantitative impact assessment models, with the world leading I4.0 technological trends. From the findings, we build a new impact assessment model of IoT cyber risk in Industry 4.0. We therefore advance the efforts of integrating standards and governance into Industry 4.0 and offer a better understanding of economics impact assessment models for I4.0.

If you can't understand it‚ you can't properly assess it! The reality of assessing security risks in Internet of Things systems

Security risk assessment methods have served us well over the last two decades. As the complexity, pervasiveness and automation of technology systems increases, particularly with the Internet of Things (IoT), there is a convincing argument that we will need new approaches to assess risk and build system trust. In this article, we report on a series of scoping workshops and interviews with industry professionals (experts in enterprise systems, IoT and risk) conducted to investigate the validity of this argument. Additionally, our research aims to consult with these professionals to understand two crucial aspects. Firstly, we seek to identify the wider concerns in adopting IoT systems into a corporate environment, be it a smart manufacturing shop floor or a smart office. Secondly, we investigate the key challenges for approaches in industry that attempt to effectively and efficiently assess cyber-risk in the IoT.