The supply chain management field is one of the fastest
growing fields in our economy, given the heavy
growth in international trade as a means to access
outsourced production opportunities to lower costs
and the growth in information technology to coordinate
supply chains. However, this opportunity to lower
costs entails significant risks, such as tsunamis, earthquakes,
political unrest, and economic turbulence.
This book discusses risks in supply chain management,
followed by graphic and quantitative tools (risk
matrices, selection methods, risk simulation modelling,
linear programming, and business scorecard
analysis) to help manage these risks.