Risk Management in Supply Chains: Using Linear and Non-Linear Models

Name: Risk Management in Supply Chains: Using Linear and Non-Linear Models
Brand: Taylor & Francis
SKU: 9781032089447
Price: 3976.0 INR
Availability: InStock

by Mohammad Heydari

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ISBN13: 9781032089447
Binding: Paperback
Subject: N/A
Publisher: Taylor & Francis
Publisher Imprint: Routledge
Publication Date: June 30, 2021
Pages: 264
Original Price: GBP 46.99
Language: English
Edition: N/A
Item Weight: 620 grams
BISAC Subject(s): General, Insurance / Risk Assessment & Management, and Operations Research

About The Book

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 The Author

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.

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