Supply Chain Management A Discussion About Managing Supply Chain Risks

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Supply Chain Management. A discussion about managing supply chain risks

Author : Alex-Jean Kakule Mueni
Publisher : GRIN Verlag
Page : 16 pages
File Size : 53,6 Mb
Release : 2014-04-14
Category : Business & Economics
ISBN : 9783656637127

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Supply Chain Management. A discussion about managing supply chain risks by Alex-Jean Kakule Mueni Pdf

Seminar paper from the year 2013 in the subject Business economics - Trade and Distribution, grade: B, The University of Liverpool, language: English, abstract: In the past few years, we have witnessed several developments in each and every area of life. The development in the technology and introduction of new way outs have influenced all the areas of business and the supply chain of an organization as well. The markets are now not limited to the boundary of a single country but they are establishing themselves on a global level. Due to globalization, organizations have planned to redefine their supply chain management policies due to a huge incline in the demand and supply of products and services globally. Along with the profits to getting global, there are many risks faced by the supply chain of an organization. These risks can be man- made risks or natural calamities. Interruption in delivery of raw material, fluctuating prices in the market and rapid increase in the demand of the customer are also considered as supply chain risks. To operate the business effectively by delivering the product or service to the customers on right time and right place is the main goal of every business (Mentzer et al., 2001) To achieve this goal, a business should implement some strategies to manage the risk that are involved in the supply chain. There are many approaches suggested by the researches in order to manage and mitigate the supply chain risks. This paper is an attempt to gather knowledge about the approaches used in managing the supply chain risks. These approaches are discussed in this paper and a critical analysis of them is also conducted. In the end of this paper, some recommendations about the approaches is also given that may help in the future research of the risk management strategies.

Supply Chain Management. A Discussion about Managing Supply Chain Risks

Author : Alex-Jean Kakule,Alex-Jean Kakule Mueni
Publisher : Unknown
Page : 20 pages
File Size : 48,5 Mb
Release : 2014-04-15
Category : Electronic
ISBN : 3656637091

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Supply Chain Management. A Discussion about Managing Supply Chain Risks by Alex-Jean Kakule,Alex-Jean Kakule Mueni Pdf

Seminar paper from the year 2013 in the subject Business economics - Trade and Distribution, grade: B, The University of Liverpool, language: English, abstract: In the past few years, we have witnessed several developments in each and every area of life. The development in the technology and introduction of new way outs have influenced all the areas of business and the supply chain of an organization as well. The markets are now not limited to the boundary of a single country but they are establishing themselves on a global level. Due to globalization, organizations have planned to redefine their supply chain management policies due to a huge incline in the demand and supply of products and services globally. Along with the profits to getting global, there are many risks faced by the supply chain of an organization. These risks can be man- made risks or natural calamities. Interruption in delivery of raw material, fluctuating prices in the market and rapid increase in the demand of the customer are also considered as supply chain risks. To operate the business effectively by delivering the product or service to the customers on right time and right place is the main goal of every business (Mentzer et al., 2001) To achieve this goal, a business should implement some strategies to manage the risk that are involved in the supply chain. There are many approaches suggested by the researches in order to manage and mitigate the supply chain risks. This paper is an attempt to gather knowledge about the approaches used in managing the supply chain risks. These approaches are discussed in this paper and a critical analysis of them is also conducted. In the end of this paper, some recommendations about the approaches is also given that may help in the future research of the risk management strategies.

Supply Chain Risk

Author : George A. Zsidisin,Bob Ritchie
Publisher : Springer Science & Business Media
Page : 351 pages
File Size : 42,5 Mb
Release : 2008-09-08
Category : Business & Economics
ISBN : 9780387799346

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Supply Chain Risk by George A. Zsidisin,Bob Ritchie Pdf

Risk is of fundamental importance in this era of the global economy. Supply chains must into account the uncertainty of demand. Moreover, the risk of uncertain demand can cut two ways: (1) there is the risk that unexpected demand will not be met on time, and the reverse problem (2) the risk that demand is over estimated and excessive inventory costs are incurred. There are other risks in unreliable vendors, delayed shipments, natural disasters, etc. In short, there are a host of strategic, tactical and operational risks to business supply chains. Supply Chain Risk: A Handbook of Assessment, Management, and Performance will focus on how to assess, evaluate, and control these various risks.

Supply Chain Risk Management

Author : David L. Olson
Publisher : Business Expert Press
Page : 145 pages
File Size : 46,8 Mb
Release : 2011-11-21
Category : Business & Economics
ISBN : 9781606493311

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Supply Chain Risk Management by David L. Olson Pdf

One of the many outcomes resulting from the explosion of international trade is access to lower cost production opportunities through outsourcing. This phenomenon has increased the importance of supply chains, the information technology needed to coordinate them and the need for this relatively complex enterprise to be exceptionally well-managed. There are obviously many cost benefits to be had from maintaining a strong and far-reaching supply chain. However, this opportunity to lower costs entails significant risks, such as tsunamis, earthquakes, political unrest, and economic turbulence. This book will introduce concepts and examples of risk in supply chain management, followed by an identification and discussion of an array of quantitative tools (selection methods, risk simulation modeling, and business scorecard analysis) to help manage these risks. Many books are appearing that address various aspects of supply chain risks. No other book known to the author addresses this set of modeling tools as a means of managing this risk.

Managing Supply Chain Risk

Author : ManMohan S. Sodhi,Christopher S. Tang
Publisher : Springer Science & Business Media
Page : 332 pages
File Size : 41,6 Mb
Release : 2012-02-25
Category : Business & Economics
ISBN : 9781461432388

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Managing Supply Chain Risk by ManMohan S. Sodhi,Christopher S. Tang Pdf

“Supply Chain Risk Management is an issue that many companies face and yet few companies know how to deal with it in a systematic and pragmatic manner. While avoiding and reducing supply chain risks are certainly preferable, developing ways to restore and stabilize supply chain operations rapidly after a major disruption is critical for managing global supply chains. Sodhi and Tang present important concepts, frameworks, strategies, and analyses that are essential for managing supply chain risks. Not only does this book suggest some practical ways to work with different partners to manage the risks that are present in a global supply chain, it creates a framework that would enable practitioners to engage researchers to work on this important area.” —Thomas A. Debrowski, Executive Vice President, Worldwide Operations, Mattel, Inc. “When a firm outsources its operations to external suppliers, the firm is vulnerable to major and rare disruptions that can occur at any link in the global supply chain. Because these disruptions rarely occur, few firms take commensurable actions to identify, assess, mitigate and respond to various types of supply chain risks. By introducing frameworks and concepts along with several case studies and a review of academic literature, Sodhi and Tang treat this important subject with practical relevance and academic rigor. This book will bring practitioners and researchers to develop effective and efficient ways to manage supply chain risks.” —Marshall L. Fisher, UPS Professor, Professor of Operations and Information Management and Co-Director of Fishman-Davidson Center for Service and Operations Management, The Wharton School, University of Pennsylvania “This book ties observations in practice to methodologies and research. The rich case examples motivated the approaches and methodologies used to mitigate risks, and in the course of doing so, Sodhi and Tang provided insights on existing and new research opportunities. As a result, this book is highly relevant to both practitioners and academics. Also, the book is also written with management lessons on how risks can be mitigated, and how risks can be contained once disruptions have occurred. As such, it is also a book for management to gain insights and to develop management skills.” —Hau L. Lee, Thoma Professor of Operations, Information and Technology and Director of the Stanford Global Supply Chain Management Forum, Graduate School of Business, Stanford University “As companies have extended their supply chains globally and as the face increasing resource issues, they face a number of new risk challenges. While there are various case studies written about supply chain risks, this book gives a comprehensive treatment of the subject with clarity. The concepts and frameworks developed by Sodhi and Tang in this book would create awareness of this important and yet not well understood subject, and strategies described in this book would stimulate practitioners to develop a holistic approach for identifying, assessing, mitigating, and responding to different types of supply chain risks.” —Nick Wildgoose, Global Supply Chain Proposition Manager, Zurich Insurance​

Revisiting Supply Chain Risk

Author : George A. Zsidisin,Michael Henke
Publisher : Springer
Page : 463 pages
File Size : 42,8 Mb
Release : 2018-12-18
Category : Business & Economics
ISBN : 9783030038137

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Revisiting Supply Chain Risk by George A. Zsidisin,Michael Henke Pdf

This book offers a bridge between our current understanding of supply chain risk in practice and theory, and the monumental shifts caused by the emergence of the fourth industrial revolution. Supply chain risk and its management have experienced significant attention in scholarship and practice over the past twenty years. Our understanding of supply chain risk and its many facets, such as uncertainty and vulnerability, has expanded beyond utilizing approaches such as deploying inventory to buffer the initial effects of disruptions. Even with our increased knowledge of supply chain risk, being in the era of lean supply chain practices, digitally managed global supply chains, and closely interconnected networks, firms are exposed as ever to supply chain uncertainties that can damage, or even destroy, their ability to compete in the marketplace. The book acknowledges the criticality of big data analytics in Supply Chain Risk Management (SCRM) processes and provides appropriate tools and approaches for creating robust SCRM processes. Revisiting Supply Chain Risk presents a state-of-the-art look at SCRM through current research and philosophical thought. It is divided into six sections that highlight established themes, as well as provide new insights to developing areas of inquiry and contexts on the topic. Section 1 examines the first step in managing supply chain risk, risk assessment. The chapters in Section 2 encompass resiliency in supply chains, while Section 3 looks at relational and behavioral perspectives from varying units of analysis including consortiums, teams and decision makers. Section 4 focuses on examining supply chain risk in the contexts of sustainability and innovation. Section 5 provides insight on emerging typologies and taxonomies for classifying supply chain risk. The book concludes with Section 6, featuring illustrative case studies as real-world examples in assessing and managing supply chain risk.

Managing Supply Chain Risk and Vulnerability

Author : Teresa Wu,Jennifer Vincent Blackhurst
Publisher : Springer Science & Business Media
Page : 236 pages
File Size : 51,9 Mb
Release : 2009-08-20
Category : Technology & Engineering
ISBN : 9781848826342

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Managing Supply Chain Risk and Vulnerability by Teresa Wu,Jennifer Vincent Blackhurst Pdf

Managing Supply Chain Risk and Vulnerability, a book that both practitioners and students can use to better understand and manage supply chain risk, presents topics on decision making related to supply chain risk. Leading academic researchers, as well as practitioners, have contributed chapters focusing on developing an overall understanding of risk and its relationship to supply chain performance; investigating the relationship between response time and disruption impact; assessing and prioritizing risks; and assessing supply chain resilience. Supply chain managers will find Managing Supply Chain Risk and Vulnerability a useful tool box for methods they can employ to better mitigate and manage supply chain risk. On the academic side, the book can be used to teach senior undergraduate students, as well as graduate-level students. Additionally, researchers may use the text as a reference in the area of supply chain risk and vulnerability.

Managing Supply Chain Risk and Disruptions: Post COVID-19

Author : Aravind Raj Sakthivel,Jayakrishna Kandasamy,J. Paulo Davim
Publisher : Springer Nature
Page : 150 pages
File Size : 52,6 Mb
Release : 2021-06-24
Category : Technology & Engineering
ISBN : 9783030725754

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Managing Supply Chain Risk and Disruptions: Post COVID-19 by Aravind Raj Sakthivel,Jayakrishna Kandasamy,J. Paulo Davim Pdf

This book summarizes the effect of COVID-19 on the global supply chain. Eminent researchers, practitioners, and professors discuss the challenges faced by supply chain providers and supply chain strategies related to various global, retail, fast moving consumer goods, humanitarian, pharmaceutical, and agricultural supply chains. This book also suggests the resilient approach adopted by supply chain organizations for quick recovery and re-establishing their networks. This book helps the readers explore the pandemic's impact on the supply chain and rebuilding the same using suitable approaches.

Supply Chain Risk Management

Author : Gregory L. Schlegel,Robert J. Trent
Publisher : CRC Press
Page : 338 pages
File Size : 50,6 Mb
Release : 2014-10-14
Category : Business & Economics
ISBN : 9781482205978

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Supply Chain Risk Management by Gregory L. Schlegel,Robert J. Trent Pdf

You don’t have to outrun the bear ... you just have to outrun the other guy. Often in business we only have to run a bit faster than our competitors to be successful. The same is true in risk management. While we would always like to anticipate and prevent risk from happening, when risk events do occur being faster, flexible, and more responsive than others can make a world of difference. Supply Chain Risk Management: An Emerging Discipline gives you the tools and expertise to do just that. While the focus of the book is on how you can react better and faster than the others, the text also helps you understand how to prevent certain risks from happening in the first place. The authors detail a risk management framework that helps you reduce the costs associated with risk, protect your brand and reputation, ensure positive financial outcomes, and develop visible, predictable, resilient, and sustainable supply chains. They provide access to a cloud-based, end-to-end supply chain risk assessment "Heat Map" that illustrates the maturity of the chain through the various stages. It should not come as a surprise to anyone that the world is a riskier place than it was just 15 years ago. A survey used to calculate the Allianz Risk Barometer recently concluded for the first time that supply chain risk is now the top concern of global insurance providers. For most organizations this new reality requires major adjustments, some of which will not be easy. This book helps you understand the emerging discipline called supply chain risk management. It explains the relevant concepts, supplies a wide variety of tools and approaches to help your organization stay ahead of its competitors, and takes a look at future directions in risk management—all in a clear, concise presentation that gives you practical advice and helps you develop actionable strategies.

Managing Supply Chain Risk

Author : Sime Curkovic,Thomas Scannell,Bret Wagner
Publisher : CRC Press
Page : 261 pages
File Size : 54,8 Mb
Release : 2015-06-24
Category : Business & Economics
ISBN : 9781498707114

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Managing Supply Chain Risk by Sime Curkovic,Thomas Scannell,Bret Wagner Pdf

Risk management in supply chain logistics has moved from being a nice-to-have to a necessity due to the number of variables that can cripple a business. Managing Supply Chain Risk: Integrating with Risk Management details the critical factors involved in managing supply chain risk. It discusses how managing supply chain risk can be integrated into

Handbook of Integrated Risk Management in Global Supply Chains

Author : Panos Kouvelis,Lingxiu Dong,Onur Boyabatli,Rong Li
Publisher : John Wiley & Sons
Page : 497 pages
File Size : 45,7 Mb
Release : 2011-10-26
Category : Business & Economics
ISBN : 9781118115794

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Handbook of Integrated Risk Management in Global Supply Chains by Panos Kouvelis,Lingxiu Dong,Onur Boyabatli,Rong Li Pdf

A comprehensive, one-stop reference for cutting-edge research in integrated risk management, modern applications, and best practices In the field of business, the ever-growing dependency on global supply chains has created new challenges that traditional risk management must be equipped to handle. Handbook of Integrated Risk Management in Global Supply Chains uses a multi-disciplinary approach to present an effective way to manage complex, diverse, and interconnected global supply chain risks. Contributions from leading academics and researchers provide an action-based framework that captures real issues, implementation challenges, and concepts emerging from industry studies.The handbook is divided into five parts: Foundations and Overview introduces risk management and discusses the impact of supply chain disruptions on corporate performance Integrated Risk Management: Operations and Finance Interface explores the joint use of operational and financial hedging of commodity price uncertainties Supply Chain Finance discusses financing alternatives and the role of financial services in procurement contracts; inventory management and capital structure; and bank financing of inventories Operational Risk Management Strategies outlines supply risks and challenges in decentralized supply chains, such as competition and misalignment of incentives between buyers and suppliers Industrial Applications presents examples and case studies that showcase the discussed methodologies Each topic's presentation includes an introduction, key theories, formulas, and applications. Discussions conclude with a summary of the main concepts, a real-world example, and professional insights into common challenges and best practices. Handbook of Integrated Risk Management in Global Supply Chains is an essential reference for academics and practitioners in the areas of supply chain management, global logistics, management science, and industrial engineering who gather, analyze, and draw results from data. The handbook is also a suitable supplement for operations research, risk management, and financial engineering courses at the upper-undergraduate and graduate levels.

Supply Chain Risk

Author : Clare Brindley
Publisher : Taylor & Francis
Page : 218 pages
File Size : 42,8 Mb
Release : 2017-07-05
Category : Business & Economics
ISBN : 9781351896900

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Supply Chain Risk by Clare Brindley Pdf

The impact of technological change, globalization, information and communication technologies and international governmental intervention has radically altered supply chain strategies, operations and risk profiles for most organizations. The challenge facing business and researchers alike is how best to address risk management in this new context. This collection, written by international scholars from the UK, US and Scandinavia, addresses this need by providing the first topical review of these developments and the latest research findings. The findings represent a robust cross-disciplinary view of supply chains, articulating policies and strategies for organizations. The research studies are based on empirical case studies within services and manufacturing in both large and SME organizations. This work is intended to provide the foundation for future research in this expanding area and the impact it has on managing risk within the supply chain.

Supply Chain Risk Management

Author : Donald Waters
Publisher : Kogan Page Publishers
Page : 265 pages
File Size : 42,6 Mb
Release : 2011-10-03
Category : Business & Economics
ISBN : 9780749464264

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Supply Chain Risk Management by Donald Waters Pdf

Vulnerability to sudden supply chain disruption is one of the major threats facing companies today. The challenge for businesses today is to mitigate this risk through creating resilient supply chains. Addressing this need, Supply Chain Risk Management guides you through the whole risk management process from start to finish. Using jargon-free language, this accessible book covers the fundamentals of managing risk in supply chains. From identifying the risks to developing and implementing a risk management strategy, this essential text covers everything you need to know about this critical topic. It assesses the growing impact of risk on supply chains, how to plan for and manage disruptions and disasters, and how to mitigate their effects. It examines a whole range of risks to supply chains, from traffic congestion to major environmental disasters. Highly practical, Supply Chain Risk Management provides a range of useful tables, diagrams and tools and is interspersed with real life case study examples from leading companies, including Nokia, IBM, and BP. The 2nd edition has been completely revised with brand new case studies on the Chilean Mining Disaster and BP oil spill.

Supply Chain Risk and Disruption Management

Author : Sanjoy Kumar Paul,Renu Agarwal,Ruhul Amin Sarker,Towfique Rahman
Publisher : Springer Nature
Page : 253 pages
File Size : 41,8 Mb
Release : 2023
Category : Business logistics
ISBN : 9789819926299

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Supply Chain Risk and Disruption Management by Sanjoy Kumar Paul,Renu Agarwal,Ruhul Amin Sarker,Towfique Rahman Pdf

In this book, a risk management approach starts off by discussing important issues related to managing supply chain disruption risks from various perspectives during VUCA times. It explores the essence and principles relating to managing these risks and provides the framework and multi-goal model groups for managing such unknown-unknown risks and subsequent disruptions at a global scale. The book explores and presents the latest developments across different emerging topics in supply chain risk and disruption management. These include (i) an overview of supply chain risk, and disruption management tools, techniques, and approaches, (ii) a review on uncertainty modeling for decentralized supply chain systems, (iii) supply chain deep uncertainties and risks - the 'new normal', (iv) emergent technologies for supply chain risk and disruption management, (v) supply chain resilience strategies for times of unprecedented uncertainty, (vi) the role of blockchain in developing supply chain resilience against disruptions, (vii) a qualitative study on supply chain risk management adopting blockchain technology, (viii) assessment of risks and risk management for agriculture supply chain, (ix) resilience of agri-food supply chains: Australian developments after a decade of supply and demand shocks, (x) prioritization of risks in the pharmaceutical supply chains (xi) improving medical supply chain disruption management with the blockchain technology, and (xii) impacts of resilience practices on supply chain sustainability. The book contributes significantly to the growing body of knowledge concerning the theory and practice of managing supply chain risks and disruptions in strategic management, operations and supply chain, and sustainability literature. It presents contemporary, innovative and latest developments in applying smart management tools, techniques and approaches for managing supply chain risk and disruption and future-proofing supply chains to become agile, resilient and sustainable.

Managing Supply Chain Disruptions

Author : Asoo J. Vakharia,Arda Yenipazarli
Publisher : Now Publishers Inc
Page : 99 pages
File Size : 44,8 Mb
Release : 2009
Category : Business logistics
ISBN : 9781601982902

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Managing Supply Chain Disruptions by Asoo J. Vakharia,Arda Yenipazarli Pdf

Managing Supply Chain Disruptions categorizes and review the substantive research contributions relating to managing supply chain disruptions. With a primary emphasis on formulating directions for future research, the authors focus on significant research and practical findings. Managing Supply Chain Disruptions reviews the general area of supply chain disruptions and examine classifications of disruptions which can be used to provide insights into the disruption management process. It reviews the literature in the emerging field of disruption risk management which attempts to identify specific risks associated with supply chain disruptions. This is followed by a review of conceptual/empirical research with a focus on providing general insights into how one or more organizations have managed the risk associated with disruptions. Given that designing robust supply chain networks are a key feature of managing disruption risk, the authors examine the relevant research in this domain. A detailed analysis of prior research targeted at managing specific risks (e.g., product, supply, operations/process, and transportation risks) is presented, and finally, directions for future research are discussed.