June 2015
Intermediate to advanced
261 pages
7h 36m
English
Content preview from Managing Supply Chain Risk
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138 • Managing Supply Chain Risk
Risk sharing emphasizes development of strong supplier relationships,
which is consistent with the increased use of approved suppliers identied
earlier. ough not used extensively, there was a statistically signicant
increase in the use of hedging strategies. is is one likely driver of the
improvement in reduction of material price volatility (discussed later).
TABLE6.11
Risk Response
Response Category
p
(t- test)
Survey 1 Survey 2
Mean SD Mean SD
Acceptance
Inventory management (buers, safety stock
levels, optimal order, and production
quantity)
0.77 5.18 1.59 5.29 1.10
Our suppliers are required to have secure ...
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