Download or read book Third Party Support and Risk Costs in Supply Chain Coordination written by Kurt A. Masten and published by . This book was released on 2016 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is broadly accepted that supply chain members which can jointly optimize their decisions, using techniques such as joint economic lot-sizing (JELS), will always produce equal or superior total profits than those supply chains which do not cooperate. In addition to increased profits, cooperation offers other established benefits. The majority of research has explored the use of coordination mechanisms (e.g. quantity discounts) to improve on purely competitive (arms-length) arrangements in supply chain purchase contracts. Though the use of these mechanisms can potentially improve profits, they often fail to offer any substantive guidance in implementing the proposed solution. Further, the JELS solution proposals often presuppose a spontaneous and effective coordination effort led by one or both supply chain parties. However, research has shown that very little meaningful cooperation occurs in practice. This thesis proposes and explores the novel use of an expert third party to assist in coordination and cooperation efforts of a contract-based dyadic (supplier-buyer) relationship. It is shown that coordination using a third party can, not only ensure optimal profits for the entire supply chain, but also provide significant contributions to the extant body of knowledge. These benefits include consideration of intangible factors such as neutral arbitration and protection of confidential information. An updated cost model accounts for many costs not typically considered in lot-sizing problems, including the introduction of the seller's costs of commitment and contract costs. Numerical studies via simulation are performed to add insight into the implications of the updated model. Sensitivity and algebraic analyses are included for selected scenarios.

Download or read book Supply Chain Risk Management in the Apparel Industry written by Peter Cheng and published by Routledge. This book was released on 2018-05-11 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Apparel is one of the oldest and largest export industries in the world. It is also one of the most global industries because most nations produce for the international textile and apparel market. The changing global landscape drives cost volatility, regulatory risk and change in consumer preference. In today’s retail landscape, media and advocacy groups have focussed attention on social and environmental issues, as well as new regulatory requirements and stricter legislations. Understanding and managing any risk within the supply chain, particularly ethical and responsible sourcing, has become increasingly critical. This book first gives a systematic introduction to the evolution of SCRM through literature review and discusses the importance of SCRM in the apparel industry. Second, it describes the life cycle of the apparel supply chain and defines the different roles of the value chain in the apparel industry. Thirdly, it identifies the risk factors in the Apparel Life Cycle and analyses the risk sources and consequences and finally, extends the importance of selection of the suppliers and develops a supplier selection model and SCRM strategies solution by data analysis and case studies.

Download or read book Supply Chain Risk Management How It Tools Can Help Making Supply Chains Resilient written by Johannes Euler and published by . This book was released on 2017-05-11 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2017 in the subject Business economics - Supply, Production, Logistics, grade: 1,0, Reutlingen University, language: English, abstract: Driven by a high intensity of competition, modern companies have put much effort into reducing costs in their supply chain. Two important trends on the way to achieving that goal are globalization and lean management. Both have led to complex, highly distributed supply chains and low buffer stocks. Indeed, these mechanisms brought lower costs but at the same time an increase of vulnerability and risk in modern supply chains. Unexpected disruptions in supply chains can cause a huge impact on businesses, such as high financial expenses and supply delays on the short-term, but also negative brand reputation and falling investor confidence on the long-term. This is why the implementation of the approaches "supply chain risk management (SCRM)" and "business continuity management (BCM)" has become crucial in the sphere of top-level management. Digitization is another disruptive trend within the present economic system. The volume of available data for businesses has been increasing exponentially in the last years. But at the same time most companies have failed using these data, essential in decision-making process. These unused data offer great potential: With Big Data Analytics they could turn companies' supply chain risks into a competitive advantage. This case study deals, in virtue of the quote from JFK, with the research question: "How can IT tools support companies making their supply chains resilient?" To this effect, the first chapter describes key risks in modern supply chain in order to create a general awareness of the scope of SCRM and BCM approaches. The next chapter then compares two common supply chain strategies with a focus on resilience in order to evaluate the proposed solution at the end of this case study. Thereupon Chapter 4 answers the research question of this case study by comprisi

Download or read book Supply Chain Risk Management written by Donald Waters and published by Kogan Page Publishers. This book was released on 2011-10-03 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vulnerability to sudden supply chain disruption is one of the major threats facing companies today. The challenge for businesses today is to mitigate this risk through creating resilient supply chains. Addressing this need, Supply Chain Risk Management guides you through the whole risk management process from start to finish. Using jargon-free language, this accessible book covers the fundamentals of managing risk in supply chains. From identifying the risks to developing and implementing a risk management strategy, this essential text covers everything you need to know about this critical topic. It assesses the growing impact of risk on supply chains, how to plan for and manage disruptions and disasters, and how to mitigate their effects. It examines a whole range of risks to supply chains, from traffic congestion to major environmental disasters. Highly practical, Supply Chain Risk Management provides a range of useful tables, diagrams and tools and is interspersed with real life case study examples from leading companies, including Nokia, IBM, and BP. The 2nd edition has been completely revised with brand new case studies on the Chilean Mining Disaster and BP oil spill.

Download or read book Third party Risk Management written by Linda Tuck Chapman and published by . This book was released on 2018 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Handbook of Integrated Risk Management in Global Supply Chains written by Panos Kouvelis and published by John Wiley & Sons. This book was released on 2011-10-26 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, one-stop reference for cutting-edge research in integrated risk management, modern applications, and best practices In the field of business, the ever-growing dependency on global supply chains has created new challenges that traditional risk management must be equipped to handle. Handbook of Integrated Risk Management in Global Supply Chains uses a multi-disciplinary approach to present an effective way to manage complex, diverse, and interconnected global supply chain risks. Contributions from leading academics and researchers provide an action-based framework that captures real issues, implementation challenges, and concepts emerging from industry studies.The handbook is divided into five parts: Foundations and Overview introduces risk management and discusses the impact of supply chain disruptions on corporate performance Integrated Risk Management: Operations and Finance Interface explores the joint use of operational and financial hedging of commodity price uncertainties Supply Chain Finance discusses financing alternatives and the role of financial services in procurement contracts; inventory management and capital structure; and bank financing of inventories Operational Risk Management Strategies outlines supply risks and challenges in decentralized supply chains, such as competition and misalignment of incentives between buyers and suppliers Industrial Applications presents examples and case studies that showcase the discussed methodologies Each topic's presentation includes an introduction, key theories, formulas, and applications. Discussions conclude with a summary of the main concepts, a real-world example, and professional insights into common challenges and best practices. Handbook of Integrated Risk Management in Global Supply Chains is an essential reference for academics and practitioners in the areas of supply chain management, global logistics, management science, and industrial engineering who gather, analyze, and draw results from data. The handbook is also a suitable supplement for operations research, risk management, and financial engineering courses at the upper-undergraduate and graduate levels.

Download or read book External Risk Monitoring and Inventory Sizing in Supply Chain Disruption Mitigation written by Kenneth E. Hampshire and published by . This book was released on 2019 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: As AstraZeneca's product portfolio becomes increasingly complex, its supply chains must evolve in parallel. These supply chains operate in an environment of ever-present external risks such as factory fires, geopolitical disruptions and natural disasters. Such risks might manifest as disruptions which could jeopardize the health of those who depend upon AstraZeneca's life-saving medicines. Accordingly, there is a need to improve proactive planning and reactive risk decisions to maintain service levels in such an environment. This thesis presents an approach which enhances both risk planning decisions and reaction to disruptive events. The approach consists of a third party software solution to provide better supply chain visibility, increased risk awareness, and faster disruptive event notification, as well as a stochastic nonlinear optimization model to support inventory reductions. Both approaches improve risk planning decisions, while the software approach also supports reactive decision-making as disruptive events unfold. For a single brand, this thesis model shows that current risk mitigation inventory sizes across its supply chain can be reduced by over 50% while maintaining the target service level. The cost savings estimated for a reduction of this magnitude are at least $20M for one brand alone. Simultaneously, the software uncovers previously unknown sub-tier suppliers and highlights tier one dependencies. Adoption of this thesis' recommendations can improve risk planning and decisionmaking within AstraZeneca's supply chains while greatly reducing mitigation inventory costs.

Download or read book Stochastic Programming in Supply Chain Risk Management written by Tadeusz Sawik and published by Springer Nature. This book was released on with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Managing Supply Chain Risk written by Sime Curkovic and published by CRC Press. This book was released on 2015-06-24 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk management in supply chain logistics has moved from being a nice-to-have to a necessity due to the number of variables that can cripple a business. Managing Supply Chain Risk: Integrating with Risk Management details the critical factors involved in managing supply chain risk. It discusses how managing supply chain risk can be integrated into

Download or read book Supply Chain Inventory and Logistics written by Dr. Mburu David Kiarie and published by Cari Journals USA LLC. This book was released on 2023-06-04 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK Risk Management Strategy and Supply Chain Performance among Manufacturing Companies in Kenya Causes of Delay in Clearance of Goods at the Port of Mombasa Factors Affecting the Performance of Courier Service Industry: A Survey of Courier Companies in Kenya Challenges of Import Logistics Outsourcing by Manufacturing Firms in Nairobi County Influence of Lean Strategies on Cost and Reducing None Value Added Services in the Operations of the UN Service Centers: A Case of Department of Field Support (DFs), Unit Nations

Download or read book The Definitive Guide to Supply Chain Best Practices written by Robert M. Frankel and published by Pearson Education. This book was released on 2014 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demand management in the supply chain. Supply chain network design and analysis. Risk and uncertainty in the supply chain.

Download or read book Supply Chain Risk written by Clare Brindley and published by Taylor & Francis. This book was released on 2017-07-05 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection, written by international scholars from the UK, US and Scandinavia, provides empirical case studies within services and manufacturing in both large and SME organizations. The findings represent a robust cross-disciplinary view of supply chains, articulating policies and strategies for organizations. This work provides the foundation for future research in this expanding area and the impact it has on managing risk within the supply chain.

Download or read book Managing Risks in Supply Chains written by Thorsten Blecker and published by Erich Schmidt Verlag GmbH & Co KG. This book was released on 2006-09-14 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new volume, edited by Wolfgang Kersten and Thorsten Blecker, offers the most important perspectives on supply chain risk management. The contributions written by named experts provide actual information about workable approaches for supply chain risk management, analyses of supply chain risks, identification of key risk factors for logistics outsourcing, assessment of the uncertainty of delivery. With this book readers will gain central insights how to handle approaches for supply chain risk management within their business. They will learn how to manage risks effectively to build leaner supply chains with a maintainable risk exposure for all partners in industry and services.

Download or read book Supply Chain Risk Management written by Marc Helmold and published by Springer Nature. This book was released on 2022-03-05 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a holistic and practical approach to managing supply chains risks and presents a new framework model for sustainable optimization of risk management. This framework includes supportive tools for risk mapping and strategic decision-making. Managers can apply tailored versions of this framework for the management process of their respective sector. The authors provide case studies in industries such as automotive, aviation, airport, and healthcare.

Download or read book Supply Chain Roulette written by Dr Magda Lilia Chelly and published by Magda Lilia Chelly. This book was released on with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's global economy, the importance of third-party relationships in the supply chain cannot be overstated. Suppliers, partners, vendors, and service providers are essential to the success of businesses across all industries. However, with this reliance on third parties comes significant risks that can quickly spiral out of control, leading to disastrous consequences. In "Supply Chain Roulette," we explore the critical role of third-party relationships and provide practical strategies for managing these risks effectively. Our comprehensive guide draws on real-world examples and case studies to illustrate the devastating consequences of overlooking supply chain risks, such as reputational damage, financial losses, and legal penalties. The book provides an in-depth examination of the various types of risks associated with third-party relationships, including cybersecurity, financial, legal, reputational, compliance, and regulatory risks. We offer practical solutions and best practices for mitigating these risks, from implementing cybersecurity measures to developing resilient supply chains and contingency plans. Moreover, our book emphasizes the importance of building trust, transparency, and collaboration with third-party partners. We delve into the role of C-level executives in managing third-party relationships and ensuring that third-party risks are integrated into the overall strategy of the organization. We also highlight the importance of responsible cyber and emerging technologies in third-party risk management. "Supply Chain Roulette" provides insights into the future of third-party relationships and the strategies for preparing for future risks and challenges. We explore the latest trends and predictions for the future of third-party relationships in the supply chain and innovative approaches to managing these relationships. Whether you're a CEO, CIO, CFO, or a business owner, this book is a must-read for anyone navigating the complexities of the global supply chain. Our goal is to help you develop a winning strategy that protects your business and your customers by proactively managing third-party relationships. We leave you with a call to action to implement these strategies and emphasize the importance of managing risks in the supply chain in today's interconnected world.

Download or read book Supply Chain Management A discussion about managing supply chain risks written by Alex-Jean Kakule Mueni and published by GRIN Verlag. This book was released on 2014-04-14 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Business economics - Trade and Distribution, grade: B, The University of Liverpool, language: English, abstract: In the past few years, we have witnessed several developments in each and every area of life. The development in the technology and introduction of new way outs have influenced all the areas of business and the supply chain of an organization as well. The markets are now not limited to the boundary of a single country but they are establishing themselves on a global level. Due to globalization, organizations have planned to redefine their supply chain management policies due to a huge incline in the demand and supply of products and services globally. Along with the profits to getting global, there are many risks faced by the supply chain of an organization. These risks can be man- made risks or natural calamities. Interruption in delivery of raw material, fluctuating prices in the market and rapid increase in the demand of the customer are also considered as supply chain risks. To operate the business effectively by delivering the product or service to the customers on right time and right place is the main goal of every business (Mentzer et al., 2001) To achieve this goal, a business should implement some strategies to manage the risk that are involved in the supply chain. There are many approaches suggested by the researches in order to manage and mitigate the supply chain risks. This paper is an attempt to gather knowledge about the approaches used in managing the supply chain risks. These approaches are discussed in this paper and a critical analysis of them is also conducted. In the end of this paper, some recommendations about the approaches is also given that may help in the future research of the risk management strategies.

Download or read book Supply Chain Risk Management written by C. Donald J. Waters and published by Kogan Page Publishers. This book was released on 2007 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Supply Chain Risk Management' introduces this important subject and explains why it is vital for managers to understand it. Using jargon-free, accessible language, the book identifies both the possible effects that risks can cause and how to plan for them.