January 2014
DAAAM International Scientific Book;2014, p557
Academic Journal
Supply Chain Management is the integration of business processes from end user through original suppliers that provides products, services and information that add value for the customers. Due to increased globalization, higher customer expectations and environment volatility, supply chains are more easily exposed to risks. Disruptions can occur anywhere along the supply chain-at the inbound or supplier side, during the internal processes inside the company's facilities, or at the outbound or customer-facing side. There has been increasing dependence on suppliers that leads companies to be more exposed to uncertain events. Various costs such as transportation costs, penalty costs, etc. are associated from supplier's side that also vary due to uncertain conditions. The impact of these variations on uncertainties needs to be minimized from supplier's side. Supply chain risk management (SCRM) from supplier's perspective has emerged as an important area of study. The chapter reports to review literature from various authors which addresses risk from supplier's perspective in supply chain management. It emphasizes on various strategies and models used to mitigate the risks from supplier's perspective.


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