Stochastic Programming In Supply Chain Risk Management
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Stochastic Programming In Supply Chain Risk Management
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Author : Tadeusz Sawik
language : en
Publisher: Springer Nature
Release Date : 2024-06-24
Stochastic Programming In Supply Chain Risk Management written by Tadeusz Sawik and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-06-24 with Business & Economics categories.
This book offers a novel multi-portfolio approach and stochastic programming formulations for modeling and solving contemporary supply chain risk management problems. The focus of the book is on supply chain resilience under propagated disruptions, supply chain viability under severe crises, and supply chain cybersecurity under direct and indirect cyber risks. The content is illustrated with numerous computational examples, some of which are modeled on real-world supply chains subject to severe multi-regional or global crises, such as pandemics. In the computational examples, the proposed stochastic programming models are solved using an advanced algebraic modeling language AMPL and GUROBI solver. The book seamlessly continues the journey begun in the author’s previously published book “Supply Chain Disruption Management: Using Stochastic Mixed Integer Programming.” It equips readers with the knowledge, tools, and managerial insights needed to effectively model and address modern supply chain risk management challenges. As such, the book is designed for practitioners and researchers who are interested in supply chain risk management. Master’s and Ph.D. students in disciplines like supply chain management, operations research, industrial engineering, applied mathematics, and computer science will also find the book a valuable resource.
Managing Supply Chain Risk And Vulnerability
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Author : Teresa Wu
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-08-20
Managing Supply Chain Risk And Vulnerability written by Teresa Wu and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-08-20 with Technology & Engineering categories.
Managing Supply Chain Risk and Vulnerability, a book that both practitioners and students can use to better understand and manage supply chain risk, presents topics on decision making related to supply chain risk. Leading academic researchers, as well as practitioners, have contributed chapters focusing on developing an overall understanding of risk and its relationship to supply chain performance; investigating the relationship between response time and disruption impact; assessing and prioritizing risks; and assessing supply chain resilience. Supply chain managers will find Managing Supply Chain Risk and Vulnerability a useful tool box for methods they can employ to better mitigate and manage supply chain risk. On the academic side, the book can be used to teach senior undergraduate students, as well as graduate-level students. Additionally, researchers may use the text as a reference in the area of supply chain risk and vulnerability.
Structural Dynamics And Resilience In Supply Chain Risk Management
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Author : Dmitry Ivanov
language : en
Publisher: Springer
Release Date : 2017-11-07
Structural Dynamics And Resilience In Supply Chain Risk Management written by Dmitry Ivanov and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-07 with Business & Economics categories.
This book offers an introduction to structural dynamics, ripple effect and resilience in supply chain disruption risk management for larger audiences. In the management section, without relying heavily on mathematical derivations, the book offers state-of-the-art concepts and methods to tackle supply chain disruption risks and designing resilient supply chains in a simple, predictable format to make it easy to understand for students and professionals with both management and engineering background. In the technical section, the book constitutes structural dynamics control methods for supply chain management. Real-life problems are modelled and solved with the help of mathematical programming, discrete-event simulation, optimal control theory, and fuzzy logic. The book derives practical recommendations for management decision-making with disruption risk in the following areas: How to estimate the impact of possible disruptions on performance in the pro-active stage? How to generate efficient and effective stabilization and recovery policies? When does one failure trigger an adjacent set of failures? Which supply chain structures are particular sensitive to ripple effect? How to measure the disruption risks in the supply chain?
Supply Chain Risk Management
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Author : Yacob Khojasteh
language : en
Publisher: Springer
Release Date : 2017-07-24
Supply Chain Risk Management written by Yacob Khojasteh and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-24 with Business & Economics categories.
This book covers important issues related to managing supply chain risks from various perspectives. Supply chains today are vulnerable to disruptions with a significant impact on firms’ business and performance. The aim of supply chain risk management is to identify the potential sources of risks and implement appropriate actions in order to mitigate supply chain disruptions. This book presents a set of models, frameworks, strategies, and analyses that are essential for managing supply chain risks. As a comprehensive collection of the latest research and most recent cutting-edge developments on supply chain risk and its management, the book is structured into three main parts: 1) Supply Chain Risk Management; 2) Supply Chain Vulnerability and Disruptions Management; and 3) Toward a Resilient Supply Chain. Leading academic researchers as well as practitioners have contributed chapters, combining theoretical findings and research results with a practical and contemporary view on how companies can manage the supply chain risks and disruptions, as well as how to create a resilient supply chain. This book can serve as an essential source for students and scholars who are interested in pursuing research or teaching courses in the rapidly growing area of supply chain risk management. It can also provide an interesting and informative read for managers and practitioners who need to deepen their knowledge of effective supply chain risk management.
Managing Supply Chain Risk
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Author : ManMohan S. Sodhi
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-02-25
Managing Supply Chain Risk written by ManMohan S. Sodhi and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-25 with Business & Economics categories.
“Supply Chain Risk Management is an issue that many companies face and yet few companies know how to deal with it in a systematic and pragmatic manner. While avoiding and reducing supply chain risks are certainly preferable, developing ways to restore and stabilize supply chain operations rapidly after a major disruption is critical for managing global supply chains. Sodhi and Tang present important concepts, frameworks, strategies, and analyses that are essential for managing supply chain risks. Not only does this book suggest some practical ways to work with different partners to manage the risks that are present in a global supply chain, it creates a framework that would enable practitioners to engage researchers to work on this important area.” —Thomas A. Debrowski, Executive Vice President, Worldwide Operations, Mattel, Inc. “When a firm outsources its operations to external suppliers, the firm is vulnerable to major and rare disruptions that can occur at any link in the global supply chain. Because these disruptions rarely occur, few firms take commensurable actions to identify, assess, mitigate and respond to various types of supply chain risks. By introducing frameworks and concepts along with several case studies and a review of academic literature, Sodhi and Tang treat this important subject with practical relevance and academic rigor. This book will bring practitioners and researchers to develop effective and efficient ways to manage supply chain risks.” —Marshall L. Fisher, UPS Professor, Professor of Operations and Information Management and Co-Director of Fishman-Davidson Center for Service and Operations Management, The Wharton School, University of Pennsylvania “This book ties observations in practice to methodologies and research. The rich case examples motivated the approaches and methodologies used to mitigate risks, and in the course of doing so, Sodhi and Tang provided insights on existing and new research opportunities. As a result, this book is highly relevant to both practitioners and academics. Also, the book is also written with management lessons on how risks can be mitigated, and how risks can be contained once disruptions have occurred. As such, it is also a book for management to gain insights and to develop management skills.” —Hau L. Lee, Thoma Professor of Operations, Information and Technology and Director of the Stanford Global Supply Chain Management Forum, Graduate School of Business, Stanford University “As companies have extended their supply chains globally and as the face increasing resource issues, they face a number of new risk challenges. While there are various case studies written about supply chain risks, this book gives a comprehensive treatment of the subject with clarity. The concepts and frameworks developed by Sodhi and Tang in this book would create awareness of this important and yet not well understood subject, and strategies described in this book would stimulate practitioners to develop a holistic approach for identifying, assessing, mitigating, and responding to different types of supply chain risks.” —Nick Wildgoose, Global Supply Chain Proposition Manager, Zurich Insurance
Supply Chain Risk Mitigation
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Author : Yacob Khojasteh
language : en
Publisher: Springer Nature
Release Date : 2022-09-30
Supply Chain Risk Mitigation written by Yacob Khojasteh and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-30 with Business & Economics categories.
This book covers central issues in mitigating supply chain risks from various perspectives. Today’s supply chains are vulnerable to disruptions that can have a significant impact on firms, business and performance. The aim of supply chain risk management is to identify the potential sources of risks and implement appropriate actions in order to mitigate supply chain disruptions. In this regard, the book presents a wealth of methods, strategies and analyses that are essential for mitigating supply chain risks. As a comprehensive collection of the latest research and cutting-edge developments in supply chain risk and its mitigation, the book is structured into four main parts, addressing supply chain risk strategies and developments; supply chain risk management review; supply chain sustainability and resilience; and supply chain analysis and risk management applications. The contributing authors are leading academic researchers and practitioners, who combine findings and research results with a practical and contemporary view on how companies can best manage supply chain risks and disruptions, as well as how to create resilient and sustainable supply chains. This book can be used as an essential resource for students and scholars who are interested in pursuing research or teaching courses on the rapidly growing field of supply chain management. It also offers an interesting and informative read for managers and practitioners who need to deepen their understanding of effective supply chain risk management.
Risk Management Of Supply And Cash Flows In Supply Chains
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Author : Jian Li
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-09-15
Risk Management Of Supply And Cash Flows In Supply Chains written by Jian Li and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-09-15 with Business & Economics categories.
Risk management has become an essential issue in supply chain management, from the modeling of the decision maker's risk preference, and the studies on uncertain elements such as demand, supply, price, lead time, etc., to the consideration of more practical background including cash flow constraints, inventory financing and delayed cash payment. In this new volume, the authors provide a framework to study the interaction of various factors related to risk and their influence on supply chain management. The scope of areas covered includes operations management, decision analysis, and business administration. This book focuses on several key issues of risk management in supply chains. Specifically, an analysis framework is presented for studying the supplier selection problem and identifying the optimal sourcing strategy in a one-retailer two-suppliers supply chain with random yields. The optimal sourcing strategy of a retailer and the pricing strategies of two suppliers under an environment of supply disruption are investigated. Besides, the authors study the dynamic inventory control problems with cash flow constraints, financing decisions as well as delayed cash payment. In addition, originating from the annual international iron ore price negotiation, the authors model the bargaining process to deal with the risk of wholesale price in the game analysis context. Within the three perspectives of risk management in supply chains, the modeling of decision maker's risk preference has been extensively studied and many results have been obtained to guide the practice. However, the analysis on the other two kinds of topics is still in its infancy, and needs more efforts from academia. It is thus the ambition and innovation for this book to contribute on risk management in supply chains in the following ways: (1) characterizing the explicit sourcing strategy (i.e., single sourcing or dual sourcing) to deal with supply disruption risk; (2)introducing the concepts of financial risk measurement by incorporating cash flow constraints, inventory financing and delayed cash payment into inventory management models; and (3) providing insights for the iron ore price negotiation to help steel manufacturers handle the risk of price increase.
Handbook Of Ripple Effects In The Supply Chain
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Author : Dmitry Ivanov
language : en
Publisher: Springer Nature
Release Date : 2025-05-09
Handbook Of Ripple Effects In The Supply Chain written by Dmitry Ivanov and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-05-09 with Business & Economics categories.
This book highlights the major features of the ripple effect and introduces methodologies to mitigate its adverse impact on supply chain resilience and to recover from severe disruptions. It brings fresh insights into the fields of supply chain management and engineering, addressing three fundamental questions: “In what circumstance does one failure trigger others?” “Which supply chain structures are especially susceptible to the ripple effect?” “What are the typical ripple effect scenarios and the most efficient ways to respond to them?” In this new edition, recent advancements are incorporated, particularly in areas such as supply chain viability, digital supply chains, artificial intelligence, and epidemiological models. Furthermore, it introduces new methodologies with a particular emphasis on data-driven and AI-based approaches. This comprehensive book provides innovative optimization and simulation models to address real-world challenges. With examples from industrial and service sectors, it offers actionable decision-making recommendations for tackling disruption risks in the supply chain proactively and reactively. As such the book is a comprehensive source for diverse readerships.
Handbook Of Integrated Risk Management In Global Supply Chains
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Author : Panos Kouvelis
language : en
Publisher: John Wiley & Sons
Release Date : 2011-10-26
Handbook Of Integrated Risk Management In Global Supply Chains written by Panos Kouvelis and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-26 with Business & Economics categories.
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.
Supply Chain Sustainability And Raw Material Management Concepts And Processes
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Author : Farahani, Reza Zanjirani
language : en
Publisher: IGI Global
Release Date : 2011-12-31
Supply Chain Sustainability And Raw Material Management Concepts And Processes written by Farahani, Reza Zanjirani and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-31 with Business & Economics categories.
Many organizations find supply chain management an essential prerequisite to building a sustainable competitive edge for their services or products. While interest in SCM is enormous, lack of theoretical frameworks and real world applications often characterizes research in the field, and effective management of the supply chain remains elusive. Supply Chain Sustainability and Raw Material Management: Concepts and Processes is a comprehensive and up-to-date resource for operations researchers, management scientists, industrial engineers, and other business practitioners and specialists looking for systemic and advanced discussions of supply chain management. By presenting qualitative concepts, quantitative models, and case studies, this book is a coherent guide to creating long-term and sustainable performance for organizations who want to compete in the global market.