Managing Supply Chain Risk and Vulnerability: Tools and Methods for Supply Chain Decision Makers Review

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Managing Supply Chain Risk and Vulnerability: Tools and Methods for Supply Chain Decision Makers ReviewSeveral of the highly acknowledged ISCRIM researchers (International Supply Chain Risk Management Network) have contributed to the chapters in this book and this makes it well worth taking a closer look at it, particularly if risk modeling and decision-making is your field.
According to the authors, the book serves two purposes:
(1)Understanding and assessing risk in the supply chain
(2)Decision making and risk mitigation in the supply chain
Thus, the book has two sections covering the above divisions, with 4 and 5 chapters each, written by top ranking researchers from around the world. That much is true, as I recognize many, but not all of the names of the chapter authors.
Personally, the first section is the part of the book that I like best. Forecasting and stochastic modeling for decision making are not really my cup of tea; I'm much more a man of visions, strategies, and concepts, and that is very well covered in the first part. That said, the 2nd section does have very interesting articles for me as well, it's not all math and equations.Managing Supply Chain Risk and Vulnerability: Tools and Methods for Supply Chain Decision Makers OverviewManaging Supply Chain Risk and Vulnerability, a book that both practitioners and students can use to better understand and manage supply chain risk, presents topics on decision making related to supply chain risk.Leading academic researchers, as well as practitioners, have contributed chapters focusing on developing an overall understanding of risk and its relationship to supply chain performance; investigating the relationship between response time and disruption impact; assessing and prioritizing risks; and assessing supply chain resilience.Supply chain managers will find Managing Supply Chain Risk and Vulnerability a useful tool box for methods they can employ to better mitigate and manage supply chain risk. On the academic side, the book can be used to teach senior undergraduate students, as well as graduate-level students. Additionally, researchers may use the text as a reference in the area of supply chain risk and vulnerability.

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