Strategies for Supply Chain Risk Management
Series: Routledge Advances in Risk Management;
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Product details:
- Edition number 1
- Publisher Routledge
- Date of Publication 28 November 2024
- ISBN 9781032344218
- Binding Paperback
- No. of pages186 pages
- Size 234x156 mm
- Weight 322 g
- Language English
- Illustrations 25 Illustrations, black & white; 25 Line drawings, black & white; 9 Tables, black & white 616
Categories
Short description:
Examining the negative consequences that arise from supply chain risks, such as production interruption and profit shrinkage, this book systematically explores firms’ responses to these risks in different practical situations.
MoreLong description:
Examining the negative consequences that arise from supply chain risks, this book systematically explores firms’ responses to these risks in different situations. In particular, it focuses on sourcing strategies of firms under supply chain risks and the different mitigation tools they use, such as supplier development and multisourcing.
Supply chains have expanded extensively because many firms try to take advantage of outsourcing of their raw materials and critical components. Though firms can reap significant benefits due to the widespread use of outsourcing, they have to deal with increasing supply chain risks. In general, supply chain risks are various and may be originated from natural disasters, labor strikes, fires, and so on. These risk incidents can cause serious damage to firms’ profit performance.
The analysis and insights from this book can be utilized by firms to alleviate the impact of supply chain risks in the sourcing process. It will also be of interest to researchers and students studying supply chain management.
MoreTable of Contents:
1. Introduction 2. Risk mitigation: Supplier development and multisourcing 3. Robust sourcing strategy for supplier’s reliability improvement 4. Dynamic multisourcing strategy with dependent supplies 5. Sourcing strategy in competing multitier supply chains with disruption risk 6. Sourcing strategy in a supply chain network: The impacts of supply risk versus demand risk 7. Conclusions and future research
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