Managing the Supply Risk

Işık Biçer
Additional contact information
Işık Biçer: York University

Chapter Chapter 7 in Supply Chain Analytics, 2023, pp 231-255 from Springer

Abstract: Abstract In this chapter, we focus on supply risks such that the availability of products in the market can be disrupted due to some supply chain problems. Effective strategies to mitigate supply risks depend on the type of supply disruption and the ownership structure of inventory during the shipment. We consider risk mitigation inventory and reactive capacity strategies to reduce the negative impact of supply risks on firms’ profits. We then analyse the optimal risk mitigation strategies for three types of supply risks. We also link these risk types to the Incoterms of international trade to highlight how to insure inventory against supply risks depending on the Incoterm agreement between supply chain parties.

Keywords: Supply disruption; Delivery shortfall; Incoterms; Risk mitigation inventory; Reactive capacity (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-031-30347-0_7

Ordering information: This item can be ordered from
http://www.springer.com/9783031303470

DOI: 10.1007/978-3-031-30347-0_7

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().