December 2006
Intermediate to advanced
464 pages
8h 29m
English
book
Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
by Thomas A. Cook
Content preview from Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
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logistics personnel, allowing them to develop a strategy to
mitigate or minimize the risk to the company. In any
event, at least the corporation would understand where its
greatest risk potentials were. Where they could not proac-
tively mitigate, they could develop contingency plans for
the future.
This matrix allows creation of as many line items as de-
sired. The scale can go from 1 to 3, 1 to 5, 1 to 10, or to any
amount, as long as it is consistently applied. The “impor-
tance” is defined as the importance of the risk in general to
all similar supply chains. The “salience” is defined as how
this risk is received in a company’s specific situation and
supply chain. The total gives a combined and weighted
amount to the line item category.
The math to ...
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