Logistics Management and Risk Management

2018 ◽  
pp. 100-120
Author(s):  
Kijpokin Kasemsap
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Growth Strategy ◽  
Logistics Management ◽  
Sustainable Competitive Advantage ◽  
Business Growth ◽  
Chain Management ◽  
Reduced Costs ◽  
Global Operations ◽  
And Storage

Logistics management is an important part of supply chain management and deals with the movement and storage of products and services in order to meet customer demands. Risk management is the business growth strategy that can help executives handle any crisis within company toward achieving improved business planning, reduced costs, and enhanced organizational reliability. The chapter argues that applying logistics management and risk management has the potential to enhance operational performance and gain sustainable competitive advantage in global operations.

scholarly journals What is Happening in Supply Chain Management? From Push to Pull through Best Value Thinking

2011 ◽  
Vol 3 (1) ◽  
pp. 46
Author(s):  
Sicco Santema
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
The Other ◽  
Supply Management ◽  
Chain Management ◽  
Best Value ◽  
Pull Through ◽  
Main Change

In this paper we take a closer look at developments in supply management. The main change in this discipline seems to be (2011) that cooperation and risk management are taking over the classical silo based way of looking at business. Companies start to learn that transactions block the profits throughout the chain. Or, to put it the other way around, supply chain parties learn that sharing interests is earning much more money and that supply chains become ‘faster, cheaper and better’.

Supply Chain Risk Management Driven By Action Learning

2011 ◽  
pp. 212-229
Author(s):  
H.P. Borgman ◽  
Wilfred Rachan
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Risk Mitigation ◽  
Action Learning ◽  
Supply Chain Risk Management ◽  
Supply Chain Risk ◽  
Chain Management ◽  
Sustainable Improvement ◽  
The Difference

This chapter is the outcome of our consolidated learning on “Supply Chain Risk Management” and “Action Learning in Supply Chains” over a period from 2006 to 2010. We have also published several papers in this domain; please refer to the bibliography section. Although there is a substantial volume of literature on the topic of Supply Chain Management and no lack of coverage today on Risk Management, our motivation was guided by our desire to put into context, both from an academic and Industry perspective, a practical methodology for supply chain risk mitigation based on a proven theory of learning. This methodology will enable industry practitioners of supply chain management to comprehend and act upon risk i.e. identification, assessment, response, monitoring and evaluation. Risk Management in Supply Chain is not a “one-off” transaction but rather an ongoing practice of problem solving and organizational learning i.e. a continuous methodology for sustainable improvement. The methodology provides a means to structure past problems as knowledge to be used by the organization and increase preparedness for facing new challenges. In a global competitive market, successful management of risk in supply chain can be the difference between corporate success and failure.

Multifaceted Applications of Green Supply Chain Management

2016 ◽  
pp. 327-354 ◽  
Author(s):  
Kijpokin Kasemsap
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Organizational Performance ◽  
Global Supply Chain ◽  
Environmental Benefits ◽  
Raw Material ◽  
Green Supply Chain Management ◽  
Green Supply Chain ◽  
Sustainable Competitive Advantage ◽  
Chain Management

This chapter aims to explain the overview of Green Supply Chain Management (GSCM); the significant activities of GSCM; GSCM and collaboration; GSCM and environmental management; GSCM in small and medium-sized enterprises (SMEs); and the multifaceted applications of GSCM. Green supply chain is capable of increasing corporate value while considering its impacts on all processes of physical distribution, production, and environment. Managing a green supply chain is about finding the balance between economic and environmental benefits in global supply chain. GSCM recognizes the disproportionate environmental impact of supply chain processes in an organization. GSCM practices can manifest themselves from the process of selecting raw material to final consumption based on the aspects of reduction, reuse, recycling, and recovery. The chapter argues that the multifaceted applications of GSCM have the potential to enhance organizational performance and gain sustainable competitive advantage in global supply chain.

Introduction

2011 ◽  
pp. 1-12
Author(s):  
Laurence Lock Lee
Keyword(s):  
Information Technology ◽  
Supply Chain ◽  
Business Process ◽  
It Outsourcing ◽  
Business Growth ◽  
Business Process Outsourcing ◽  
It Industry ◽  
Chain Management ◽  
New Business ◽  
Disproportionate Number

The information technology (IT) industry has a relatively short history in global markets but can put claim to a disproportionate number of “business innovations” that it either participated in or has been the catalyst for. Concepts such as business process re-engineering (BPR), supply chain management (SCM), IT outsourcing (ITO), business process outsourcing (BPO), off-shoring and now multisourcing are tightly associated with the IT industry. The growth in the services economy and rapid escalation in the use of alliances and joint ventures for business growth is also clearly evident in the IT sector. A characteristic of an industry being a leader in the introduction of new business concepts is that it gets to experience both the excitement of forging new paths but unfortunately also the pain of unfulfilled aspirations.

Efficiency and Risk Management Models for Cloud-Based Solutions in Supply Chain Management

2015 ◽  
Vol 2 (2) ◽  
pp. 14-30 ◽  
Author(s):  
Dothang Truong
Keyword(s):  
Cloud Computing ◽  
Risk Management ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Rapid Growth ◽  
Emerging Technology ◽  
Supply Chain System ◽  
Chain Management ◽  
Practical Guidance ◽  
And Control

Cloud computing has been proven to have numerous benefits for organizations, especially in supply chain management. More and more organizations have adopted cloud-based solutions to be their primary sourcing applications. Nevertheless, this technology is not without challenges, and in order to deploy and implement cloud-based solutions successfully with minimal risks organizations need to have practical guidance on this emerging technology. Despite the rapid growth of cloud computing in supply chain areas, the existing literature is still conceptual, inadequate, and mainly focused on the pre-adoption stage of this technology. This research examines the post-adoption stage of cloud-based supply chain solutions from the decision science perspective and intends to provide organizations with practical guidance on how to ensure the efficiency of a cloud-based supply chain system and control risks associated with cloud-based solutions.

Risk management in Halal supply chain: an integrated fuzzy Delphi and DEMATEL approach

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shahbaz Khan ◽  
Abid Haleem ◽  
Mohd Imran Khan
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Significant Risk ◽  
Sustainable Supply Chain ◽  
Chain Management ◽  
Content Type ◽  
Risk Elements ◽  
Fuzzy Delphi ◽  
Risk Dimensions

Purpose In a globalised environment, market volatility makes risk management an essential component of the supply chain. Similar to conventional supply chains, a Halal supply chain (HSC) is also affected by several factors making it vulnerable to risks. Therefore, the purpose of this study is to identify and analyse the elements of Halal supply chain management (HSCM) and their significant risk dimensions. Design/methodology/approach In total, 72 risk elements of HSCM are identified through a review of contemporary scientific literature along with news items and official websites related to risk management of conventional supply chain management, HSC and sustainable supply chain. Further, 42 risk elements are finalised using fuzzy Delphi and then these risk elements are categorised into 7 dimensions. The interrelationships among the risk dimensions as well as risk elements are developed using fuzzy DEMATEL. Findings Results suggest that production, planning, logistic & outsourcing and information technology-related risk are prominent risk dimensions. The causal relationships among the significant risk dimensions and elements related to the HSCM may help managers and policy planners. Research limitations/implications This study faces a challenge due to inadequate availability of the literature related to risk management in the area of HSCM. Further, this study has used inputs from experts, which can be biased. Originality/value To the best of the author's knowledge, it is the first comprehensive study towards investigating the interrelationships among the risks in the context of the HSCM.

The Application Research of Rough Set on Customer Risk

2010 ◽  
Vol 20-23 ◽  
pp. 731-734
Author(s):  
Hong Jun Guan
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Computer Program ◽  
Rough Set ◽  
Relational Theory ◽  
Application Research ◽  
Practical Application ◽  
Chain Management

As an important role of supply chain, management impact deeply on the efficiency of the supply chain. This article first introduced the relational theory of rough set, then described the application on the customer risk management based on the analysis of a large number of historical transactions, gave the realization of computer program, and detailed the practical application. It has greatly proved the effective of the theory.

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