Supply Chain Risk Management Vulnerability and Resilience in Logistics (Paperback)

Supply Chain Risk Management Vulnerability and Resilience in Logistics Book Description

Constant pressure to improve the efficiency of supply chains, to move materials quickly at low cost, has given rise to a stream of new methods and initiatives. However, there is a growing realization that these innovations have created inflexibility that increases the supply chains vulnerability to disruptions. Evidence of major consequences if reported regularly in the news, from industrial action in ports stopping the delivery of imported goods, to environmental disasters such as the 2004 tsunami. But even a small, unexpected event has the potential to bring everything to a standstill, such as late deliveries, price rises, road accidents and traffic congestion



Supply Chain Risk Management




introduces this important subject and explains why it is vital for managers to understand it. Using jargon-free, accessible language, identifies both the possible effects that disruptions can cause and how to plan for them. Starting with a definition of risk and supply chain management, it explains the current trends affecting the supply chain and provides detailed guidance on how to identity and analyse risks. It develops the principles involved, describing the various approaches to take and the steps needed to implement them. There is advice on how to create a resilient supply chain and, in the worst case scenario, how to plan for and respond to an extreme risk.



Interspersed with real-life examples of how risks in the supply chain have affected organizations, readers can learn from the past and take steps to ensure they are not victims of future risk.



Supply Chain Risk Management




is essential reading for anyone who wants to know about risk management and its growing impact on the supply chain.



Contents:





Working with risk
Defining risk
Supply chain management
Trends affecting the supply chain
Approaches to risk management
Identifying risks
Analysis risks
Responding to risks
A network view of risk
Creating resilient supply chains
Business continuity management
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