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Business Expert Press

Supply Chain Risk Management: Tools for Analysis

Supply Chain Risk Management: Tools for Analysis

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One of the many outcomes resulting from the explosion in international
trade is access to lower-cost production opportunities
through outsourcing. This phenomenon has increased attention
to 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 potential cost benefits to using a robust global
supply chain. However, opportunities to lower supply costs can
sometimes vanish due to such unforeseen problems as tsunamis,
earthquakes, political unrest, and economic turbulence. This book
will introduce concepts and examples of risk in supply chain management
followed by identification and discussion of an array of
quantitative tools to help manage these risks, including selection
methods, risk simulation modeling, linear programming, and business
scorecard analysis.
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