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.
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