Chapter from: "Supply Chain Risk Management: Tools for Analysis Second edition"
Published by:
Business Expert Press
Length: 25 pages
Share a link:
https://casecent.re/p/132313
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
This chapter is excerpted from ‘Supply Chain Risk Management: Tools for Analysis Second edition'. The supply chain management field is one of the fastest growing fields in our economy, given the heavy growth in international trade as a means to access outsourced production opportunities to lower costs and the growth in information technology to coordinate supply chains. However, this opportunity to lower costs entails significant risks, such as tsunamis, earthquakes, political unrest, and economic turbulence. This book discusses risks in supply chain management, followed by graphic and quantitative tools (risk matrices, selection methods, risk simulation modeling, linear programming, and business scorecard analysis) to help manage these risks.
About
Abstract
This chapter is excerpted from ‘Supply Chain Risk Management: Tools for Analysis Second edition'. The supply chain management field is one of the fastest growing fields in our economy, given the heavy growth in international trade as a means to access outsourced production opportunities to lower costs and the growth in information technology to coordinate supply chains. However, this opportunity to lower costs entails significant risks, such as tsunamis, earthquakes, political unrest, and economic turbulence. This book discusses risks in supply chain management, followed by graphic and quantitative tools (risk matrices, selection methods, risk simulation modeling, linear programming, and business scorecard analysis) to help manage these risks.