Managing risks in supply chains

The supply chain management approach is prevalent in economical practice today. Important improvements have been realized during the last years. However, the attempt to form lean supply chains by reducing buffer stocks and the concentration on fewer suppliers lead to an increasing vulnerability of supply chains. Numerous managers and researchers have experienced that beside the successes of supply chain management, the exposure to risk is growing for many companies. Both the occurrence of new risks as well as reinforcement of traditional business risks causes this trend. Companies are depending increasingly on the risk situation and the risk management capabilities of other their partners as well as the supply chain as a whole. This volume, edited by Wolfgang Kersten and Thorsten Blecker, offers the most important perspectives on supply chain risk management. The contributions written by named experts provide actual information about - workable approaches for supply chain risk management, - analyses of supply chain risks, - identification of key risk factors for logistics outsourcing, - assessment of the uncertainty of delivery. With this book readers will gain central insights how to handle approaches for supply chain risk management within their business. They will learn how to manage risks effectively to build leaner supply chains with a maintainable risk exposure for all partners in industry and services.