Supply Chain Risk Management

Supply Chain Risk Management

by Professor David L. Olson
Released November 2011
Publisher(s): Business Expert Press
ISBN: 9781606493311

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Book description


One of the many outcomes resulting from the explosion of international trade is access to lower cost production opportunities through outsourcing. This phenomenon has increased the importance of supply chains, the information technology needed to coordinate them and the need for this relatively complex enterprise to be exceptionally well-managed. There are obviously many cost benefits to be had from maintaining a strong and far-reaching supply chain. However, this opportunity to lower costs entails significant risks, such as tsunamis, earthquakes, political unrest, and economic turbulence. This book will introduce concepts and examples of risk in supply chain management, followed by an identification and discussion of an array of quantitative tools (selection methods, risk simulation modeling, and business scorecard analysis) to help manage these risks. Many books are appearing that address various aspects of supply chain risks. No other book known to the author addresses this set of modeling tools as a means of managing this risk.

Table of contents

  1. Supply Chain Risk Management: Tools for Analysis
    1. Copyright
    2. Abstract
    3. Keywords
    4. Chapter 1. Introduction: Supply Chains and Risk
      1. Globalization and Supply Chain Risk
      2. Unexpected Consequences
      3. Conclusion
    5. Chapter 2. Supply Chain Risk Management Process
      1. Risk Management Process in Supply Chains
      2. Supply Chain Risk Categories (1/2)
      3. Supply Chain Risk Categories (2/2)
      4. Examples of Supply Chain Resilience
      5. Robust Strategies
      6. Conclusion
    6. Chapter 3. Risk Matrices in Supply Chain Risk Management
      1. Risk Matrix
      2. Caveats
      3. Supply Chain Risk Matrix Example
      4. Scoring Systems
      5. Example Application of a Risk Management Matrix
      6. Conclusion
    7. Chapter 4. Supply Chain Selection Decisions
      1. Hierarchy Structuring
      2. Source Selection
      3. Product Design Selection
      4. IBM Decision Support System
      5. Conclusion
    8. Chapter 5. Simulation of Supply Chain Risk
      1. Monte Carlo Simulation
      2. Net Present Value (NPV) Example
      3. Inventory Systems (1/2)
      4. Inventory Systems (2/2)
      5. Conclusion
    9. Chapter 6. Supply Chain Management Risk Models
      1. Supply Chain Risk Model
      2. The Value at Risk (VaR) Concept
      3. VaR and Vendor Selection
      4. Demonstration Example of Supply Chain Simulation
      5. Conclusion
    10. Chapter 7. Optimization Modelsin Supply Chain Risk Management
      1. Linear Programming Models in Operations Management
      2. Components (1/3)
      3. Components (2/3)
      4. Components (3/3)
      5. Supply Chain Demonstration Model
      6. Example Supply Chain Optimization Model
      7. Conclusion
    11. Chapter 8. Balanced Scorecard in Supply Chain Management
      1. ERM and Balanced Scorecards
      2. Balanced Scorecards Applied to Subcontractors
      3. Petroleum Supply Chain Balanced Scorecard
      4. Demonstration Example
      5. Conclusion
    12. EPILOGUE: Recapitulation
    13. Notes
      1. Chapter 1
      2. Chapter 2
      3. Chapter 3
      4. Chapter 4
      5. Chapter 5
      6. Chapter 6
      7. Chapter 7
      8. Chapter 8
    14. References (1/2)
    15. References (2/2)
    16. Index (1/2)
    17. Index (2/2)

Product information

  • Title: Supply Chain Risk Management
  • Author(s): Professor David L. Olson
  • Release date: November 2011
  • Publisher(s): Business Expert Press
  • ISBN: 9781606493311