Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Book chapter
-
Reference no. BEP2465
Chapter from: "Supply Chain Risk Management: Tools for Analysis Second edition"
Published by: Business Expert Press
Originally published in: 2014

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.

Related