Supply Chain Risk: A Handbook of Assessment, Management, and Performance

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.

Supply Chain Risk impacts every organization irrespective of sector, size or location in the supply chain. At the same time, the cost of managing supply chain risk is escalating significantly, as are the consequences of not managing such risks effectively. This Handbook represents the work of 30 different authors from 11 different countries, all of whom are recognized international authorities in research, practice, and policy associated with Supply Chain Risk Management (SCRM) and the wider domain of Supply Chain Management (SCM). The first truly comprehensive collection of current research and leading-edge thinking on supply chain risk and its management, the book is structured into four main sections: 1) Risk Analysis, Assessment and Tools; 2) Supply Chain Design and Risk; 3) Supply Chain Risk Management; and 4) Supply Chain Security.

Reflecting the proactive approach SCRM demands, the contributors tackle issues associated with identifying, measuring and classifying risks; designing supply chains to address inherent risks; risk management within the broader Enterprise Risk Management standard; risk in the small and medium-sized sector; disruptive behavior; supply chain security and intentional disruption; continuity planning; and many other topics. Designed to appeal to researchers, scholars, policy makers and practitioners alike, the Handbook is well grounded in robust empirical methodologies and evidence and represents the structures, practices and processes currently employed in industry.