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Managing Supply Chain Risk and Vulnerability: Tools and Methods for Supply Chain Decision Makers Hardcover – August 27, 2009
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From the Back Cover
Effective supply chain management is a critical component of any company’s ability to meet consumer demand. Disruptions to the supply chain disturb the normal flow of goods and materials and, as a consequence, expose firms to operational and financial risks. 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.
Because a supply chain disruption can be potentially so harmful and costly, there has been a recent surge in interest – from academics and practitioners alike – in supply chain disruptions and related issues. 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, as well as providing tools and methods for assisting with decision making and risk mitigation in the supply chain.
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 engineering, supply chain, and operations students focusing on current supply chain topics, as well as graduate-level engineering and MBA students. Additionally, researchers may use the text as a reference in the area of supply chain risk and vulnerability.
About the Author
Teresa Wu is an associate professor at Arizona State University, USA. Her research interests are Supply Chain Management (Supplier Evaluation); Collaborative Product Development; Distributed Decision Making; and Distributed Information System Development. She has industrial experience from three years spent with the Beijing Aviation Simulator Co. as a software engineer and system administrator. Teresa Wu was given the Nationa Science Foundation CAREER award (2003-2008).
Jennifer Blackhurst, Ph.D. is an Associate Professor of Logistics and Supply Chain Management in the College of Business at Iowa State University. She received her doctorate in Industrial Engineering from the University of Iowa in 2002. Her research interests include: Supply Chain Risk and Disruption; Supply Chain Coordination; and Supplier Assessment and Selection. Her publications have appeared or been accepted in such journals as Journal of Operations Management, Production and Operations Management, International Journal of Production Research, and IEEE Transactions on Engineering Management. She is a member of POMS and DSI.
Top Customer Reviews
According to the authors, the book serves two purposes:
(1)Understanding and assessing risk in the supply chain
(2)Decision making and risk mitigation in the supply chain
Thus, the book has two sections covering the above divisions, with 4 and 5 chapters each, written by top ranking researchers from around the world. That much is true, as I recognize many, but not all of the names of the chapter authors.
Personally, the first section is the part of the book that I like best. Forecasting and stochastic modeling for decision making are not really my cup of tea; I'm much more a man of visions, strategies, and concepts, and that is very well covered in the first part. That said, the 2nd section does have very interesting articles for me as well, it's not all math and equations.