Enterprise Risk Management in Supply Chains
David L. Olson () and
Desheng Wu ()
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David L. Olson: University of Nebraska
Desheng Wu: University of Toronto
Chapter Chapter 1 in Enterprise Risk Management Models, 2010, pp 1-13 from Springer
Abstract:
Abstract All human endeavors involve uncertainty and risk. Mitroff and Alpaslan (2003) categorized emergencies and crises into three categories: natural disasters, malicious activities, and systemic failures of human systems. Nature does many things to us, disrupting our best-laid plans and undoing much of what humans have constructed. Events such as earthquakes, floods, fires and hurricanes are manifestations of the majesty of nature. Recent events to include the tsunami in the Indian Ocean and Hurricane Katrina in New Orleans in 2005 demonstrate how powerless humans can be in the face of nature’s wrath.
Keywords: Supply Chain; Risk Management; Analytic Hierarchy Process; Supply Chain Management; Logistics Management (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-11474-8_1
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DOI: 10.1007/978-3-642-11474-8_1
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