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Supply Chain Risk Management

D. L. Olson and D. Wu

Chapter 5 in New Frontiers in Enterprise Risk Management, 2008, pp 57-67 from Springer

Abstract: Global competition, technological change, and continual search for competitive advantage have motivated risk management in supply chains. Supply chains are often complex systems of networks, reaching hundreds or thousands of participants from around the globe in some cases (Wal-Mart or Dell). The term has been used both at the strategic level (coordination and collaboration) and tactical level (management of logistics across functions and between businesses). In this sense, risk management can focus on identification of better ways and means of accomplishing organizational objectives rather than simply preservation of assets or risk avoidance. Supply chain risk management is interested in coordination and collaboration of processes and activities across functions within a network of organizations. Tang provided a framework of risk management perspectives in supply chains. Supply chains enable manufacturing outsourcing to take advantages of global relative advantages, as well as increase product variety. There are many risks inherent in this more open, dynamic system.

Keywords: Supply Chain; Supply Chain Management; Supply Chain Network; Green Supply Chain Management; Supply Risk (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-78642-9_5

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DOI: 10.1007/978-3-540-78642-9_5

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