Supply Chain Risk Management: Vulnerability and Resilience in Logistics / Edition 2

by Donald Waters

Overview

Vulnerability to sudden supply chain disruption is one of the major threats facing companies today. The challenge for businesses today is to mitigate this risk through creating resilient supply chains.

Addressing this need, Supply Chain Risk Management guides you through the whole risk management process from start to finish. Using jargon-free language, this accessible book covers the fundamentals of managing risk in supply chains. From identifying the risks to developing and implementing a risk management strategy, this essential text covers everything you need to know about this critical topic. It assesses the growing impact of risk on supply chains, how to plan for and manage disruptions and disasters, and how to mitigate their effects. It examines a whole range of risks to supply chains, from traffic congestion to major environmental disasters.

Highly practical, Supply Chain Risk Management provides a range of useful tables, diagrams and tools and is interspersed with real life case study examples from leading companies, including Nokia, IBM, and BP. The 2nd edition has been completely revised with brand new case studies on the Chilean Mining Disaster and BP oil spill.

Product Details

ISBN-13:	9780749463939
Publisher:	Kogan Page, Ltd.
Publication date:	10/25/2011
Edition description:	Second Edition
Pages:	264
Product dimensions:	6.10(w) x 9.10(h) x 0.60(d)

About the Author

Donald Waters has over 30 years' experience of teaching and working in logistics and operations management. He uses his specialized knowledge of operations and supply chain management working for various organizations around the world in this book. Donald Waters is now a visiting professor at various leading universities in Europe and the United States. He is the author of several well-known logistics books. He is a member of the CILT.

Read an Excerpt

1 Working with risk

Risk and management; Growth of risk management; Risk in the supply chain; In summary

2 Defining risk

Features of risk; Decisions and risk; Structure of decisions; Decisions with certainty; Decisions with uncertainty; Decisions with risk; Decisions with ignorance; Managing risk; In summary

3 Supply chain management

Definitions; Structure of a supply chain; Aims of supply chain management; Activities of logistics; Importance of logistics; Risk in the supply chain; In summary

4 Trends affecting the supply chain

Increasing risk; Trends in supply chain management; Integration of supply chains; Cost reduction; Agile logistics; E-business; Globalization; Outsourcing; Changing practices in logistics; In summary

5 Approaches to risk management

Definition; Development of risk management; Supply chain risk management; Aims of SCRM; Steps in risk management; Some principles of SCRM; In summary

6 Identifying risks

Types of risk; Identifying risks; Tools for analysing past events; Tools to collect opinions; Tools to analyse operations; Problems with risk identification; In summary

7 Analysing risks

Measuring risk; Likelihood of a risk occurring; Consequences when a risk occurs; Evaluating consequences; Tools for risk analysis; In summary

8 Responding to risks

Responses to risk; Alternative responses; Defining options; Choosing the best response; Implementation and activation; In summary

9 A network view of risk

Shared risks; Achieving an integrated approach; Identifying risks; Analysing and responding to risks; Problems with integrating SCRM; Levels of SCRM integration; In summary

10 Creating resilient supply chains

Design of a resilient chain; Principles of designing a resilient supply chain; Physical features of a resilient supply chain; Relationships within a resilient supply chain; Risk compensation and business continuity; In summary

11 Business continuity management

Emergencies and crises; Use of BCM; Steps in business continuity management; In summary

12 Review

Table of Contents

** Chapter - 01: Working with risk; ** Chapter - 02: Defining risk; ** Chapter - 03: Supply chain management; ** Chapter - 04: Trends affecting the supply chain; ** Chapter - 05: Approaches to risk management; ** Chapter - 06: Identifying risks; ** Chapter - 07: Analysing risks; ** Chapter - 08: Responding to risks; ** Chapter - 09: A network view of risk; ** Chapter - 10: Creating resilient supply chains; ** Chapter - 11: Business continuity management; ** Chapter - 12: Review

What People are Saying About This

From the Publisher

"A straightforward discussion from understanding the basics to understanding the future of risk analysis and how to deliver a risk management strategy.... The tables, matrices, diagrams and tools are excellent, and clearly guide you through the whole risk management end-to-end process." - Logistics & Transport Focus

"...[E]xcellent book … a comprehensive overview of many important issues in managing supply chain risk. More than 15 case studies and a straightforward hands-on practical approach make this book an enjoyable read. I bought this book as a text book, and as such it does a great job. …it lets you not forget the real world and its real problems. This book is written with the manager in mind, and is interspersed with examples from real life, along with calculations and illustrations that explain the concept in a manner that is practical and easy to follow." -Jan Husdal, husdal.com

"This is one of the best descriptive books in the topic, written in a simple, easy to understand language." - Jorge Ayala-Cruz, Amaz.com reviewer

"Waters... discusses the importance of supply chain risk management, core areas, and principles... Included are case studies of many companies such as Nokia, IBM, and BP, as well as other situations like food scares, oil supplies, and the Y2K bug." —Book News, Inc.

Editorial Reviews

"Waters... discusses the importance of supply chain risk management, core areas, and principles... Included are case studies of many companies such as Nokia, IBM, and BP, as well as other situations like food scares, oil supplies, and the Y2K bug."

Inc. Book News

"A straightforward discussion from understanding the basics to understanding the future of risk analysis and how to deliver a risk management strategy.... The tables, matrices, diagrams and tools are excellent, and clearly guide you through the whole risk management end-to-end process."

Logistics & Transport Focus

"A straightforward discussion from understanding the basics to understanding the future of risk analysis and how to deliver a risk management strategy.... The tables, matrices, diagrams and tools are excellent, and clearly guide you through the whole risk management end-to-end process." - Logistics & Transport Focus

"[E]xcellent book … a comprehensive overview of many important issues in managing supply chain risk. More than 15 case studies and a straightforward hands-on practical approach make this book an enjoyable read. I bought this book as a text book, and as such it does a great job. …it lets you not forget the real world and its real problems. This book is written with the manager in mind, and is interspersed with examples from real life, along with calculations and illustrations that explain the concept in a manner that is practical and easy to follow." -Jan Husdal, husdal.com

"This is one of the best descriptive books in the topic, written in a simple, easy to understand language." - Jorge Ayala-Cruz, Amazon.com reviewer

"Waters... discusses the importance of supply chain risk management, core areas, and principles... Included are case studies of many companies such as Nokia, IBM, and BP, as well as other situations like food scares, oil supplies, and the Y2K bug." —Book News, Inc.

From the Publisher

"[E]xcellent book ... a comprehensive overview of many important issues in managing supply chain risk. More than 15 case studies and a straightforward hands-on practical approach make this book an enjoyable read. I bought this book as a text book, and as such it does a great job. ...it lets you not forget the real world and its real problems. This book is written with the manager in mind, and is interspersed with examples from real life, along with calculations and illustrations that explain the concept in a manner that is practical and easy to follow."

husdal.com Jan Husdal

"This is one of the best descriptive books in the topic, written in a simple, easy to understand language."

Amaz.com reviewer Jorge Ayala-Cruz

"[E]xcellent book … a comprehensive overview of many important issues in managing supply chain risk. More than 15 case studies and a straightforward hands-on practical approach make this book an enjoyable read. I bought this book as a text book, and as such it does a great job. …it lets you not forget the real world and its real problems. This book is written with the manager in mind, and is interspersed with examples from real life, along with calculations and illustrations that explain the concept in a manner that is practical and easy to follow."

husdal.com - Jan Husdal

"Waters... discusses the importance of supply chain risk management, core areas, and principles... Included are case studies of many companies such as Nokia, IBM, and BP, as well as other situations like food scares, oil supplies, and the Y2K bug."

Inc. - Book News