Risk is of fundamental importance in this era of the global
economy. Supply chains must into account the uncertainty of demand.
Moreover, the risk of uncertain demand can cut two ways: (1) there
is the risk that unexpected demand will not be met on time, and the
reverse problem (2) the risk that demand is over estimated and
excessive inventory costs are incurred. There are other risks in
unreliable vendors, delayed shipments, natural disasters, etc. In
short, there are a host of strategic, tactical and operational
risks to business supply chains. Supply Chain Risk: A Handbook of
Assessment, Management, and Performance will focus on how to
assess, evaluate, and control these various risks.
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