Supply Chain Risk Management

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Author(s): Ehsan Nikbakhsh (Tarbiat Modares University, Iran)
Copyright: 2012
Pages: 29
Source title: Supply Chain Sustainability and Raw Material Management: Concepts and Processes
Source Author(s)/Editor(s): Reza Zanjirani Farahani (Kingston University London, UK), Shabnam Rezapour (Urmia University of Technology, Urmia, Iran) and Laleh Kardar (University of Houston, USA)
DOI: 10.4018/978-1-61350-504-5.ch010

Keywords: Business & Management / Business Science Reference / Operations and Service Management / Supply Chain Management

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Abstract

During the past two decades, environments surrounding supply chains (SC) have faced many changes, which require SC managers to deal proactively with unknown situations and new risks. Therefore, one of the most important issues in supply chain management is managing uncertainties of a SC and mitigating negative effects of SC risks. In this chapter, an overview of supply chain risk management (SCRM) is given. First, fundamental concepts in SCRM are introduced. Next, sources of SC risks, SCRM and its process, and some robust SC risk mitigation strategies are introduced. Finally, an introduction to several mathematical models for SCRM is given.

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