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Risk Management in Supply Chains Mohammad Heydari (Southwest University, China)

Risk Management in Supply Chains By Mohammad Heydari (Southwest University, China)

Risk Management in Supply Chains by Mohammad Heydari (Southwest University, China)


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Summary

The book examines is how long companies specifically take to respond to catastrophic events of low probability but high impact. The book also looks at why such supply chain disruptions are unavoidable and consequently, all complex supply chains are inherently at risk.

Risk Management in Supply Chains Summary

Risk Management in Supply Chains: Using Linear and Non-linear Models by Mohammad Heydari (Southwest University, China)

The book examines a relatively unexplored issue in supply chain risk management, which is how long companies specifically take to respond to catastrophic events of low probability but high impact. The book also looks at why such supply chain disruptions are unavoidable, and consequently, all complex supply chains are inherently at risk.

The book illustrates how companies can respond to supply chain disruptions with faster responses and in shorter lead-times to reduce impact. In reducing total response time, designing solutions, and deploying a recovery plan sooner after a disruption in anticipation of such events, companies reduce the impact of disruption risk. The book also explores the basics of multiple-criteria decision-making (MCDM) and analytic hierarchy process (AHP), and how they contribute to both the quality of the financial economic decision-making process and the quality of the resulting decisions. The book illustrates through cases in the construction sector how this industry has become more complex and riskier due to the diverse nature of activities among global companies.

About Mohammad Heydari (Southwest University, China)

Mohammad Heydari is a PhD student in Management Science and Engineering at the School of Economics and Management, Nanjing University of Science and Technology, China.

Kin Keung Lai is Professor at the College of Economics, Shenzhen University, China.

Zhou Xiaohu is Professor at the School of Economics and Management, Nanjing University of Science and Technology, China.

Table of Contents

1. Introduction 2. Risks in Economics 3. Models of Risks in Economics 4. Risks in Supply Chain Management 5. Models of Risks in Supply Chain Management 6. Risks in Environmental Management 7. Models of Risks in Environmental Management

Additional information

NLS9781032089447
9781032089447
103208944X
Risk Management in Supply Chains: Using Linear and Non-linear Models by Mohammad Heydari (Southwest University, China)
New
Paperback
Taylor & Francis Ltd
2021-06-30
264
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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