Managing Supply Chain Risk and Vulnerability [electronic resource] : Tools and Methods for Supply Chain Decision Makers / edited by Teresa Wu, Jennifer Blackhurst.Material type: TextLanguage: English Publisher: London : Springer London, 2009Description: XI, 232 p. online resourceContent type: text Media type: computer Carrier type: online resourceISBN: 9781848826342Subject(s): Engineering | Engineering economy | Machinery | Business logistics | Engineering | Engineering Economics, Organization, Logistics, Marketing | Production/Logistics | Operations Research/Decision Theory | Manufacturing, Machines, ToolsAdditional physical formats: Printed edition:: No titleDDC classification: 658.5 LOC classification: TA177.4-185Online resources: Click here to access online
Book Introduction -- Book Introduction -- Understanding and Assessing Risk in the Supply Chain -- Effective Management of Supply Chains: Risks and Performance -- Managing Supply Chain Disruptions via Time-Based Risk Management -- Prioritization of Risks in Supply Chains -- A Generalized Simulation Framework for Responsive Supply Network Management -- Decision Making and Risk Mitigation in the Supply Chain -- Modeling of Supply Chain Risk Under Disruptions with Performance Measurement and Robustness Analysis -- The Effects of Network Relationships on Global Supply Chain Vulnerability -- A Stochastic Model for Supply Chain Risk Management Using Conditional Value at Risk -- Risk Intermediation in Supply Chains -- Forecasting and Risk Analysis in Supply Chain Management: GARCH Proof of Concept -- Supply Chain Risk Management: Annotation of Knowledge Using a Semi-Structured Knowledge Model.
Effective supply chain management is a critical component of any company’s ability to meet consumer demand. Disruptions to the supply chain disturb the normal flow of goods and materials and, as a consequence, expose firms to operational and financial risks. 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. Because a supply chain disruption can be potentially so harmful and costly, there has been a recent surge in interest – from academics and practitioners alike – in supply chain disruptions and related issues. 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, as well as providing tools and methods for assisting with decision making and risk mitigation in the supply chain. 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 engineering, supply chain, and operations students focusing on current supply chain topics, as well as graduate-level engineering and MBA students. Additionally, researchers may use the text as a reference in the area of supply chain risk and vulnerability.