TITLE

Untangling the web

AUTHOR(S)
Selden, Stuart
PUB. DATE
August 2012
SOURCE
Asia Insurance Review;Aug2012, p64
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the changes in risk management in supply chains in the wake of the 2011 catastrophes. It cites the financial loss suffered by a third party facility in the aftermath of natural catastrophes such as the flooding in Thailand and earthquake and tsunami in Japan. It also explains the significance of understanding the depedance of business on individual suppliers and transparency in the relationship as well as the integration of risk management in dealing such events.
ACCESSION #
79284775

 

Related Articles

  • CHALLENGES FACED IN SUPPLIER RELATIONSHIP MANAGEMENT: PERSPECTIVES FROM PRACTITIONERS. Olorunniwo, Festus; Jolayemi, Joel; Chunxing Fan; Xiaoming Li // Global Conference on Business & Finance Proceedings;Jun2011, Vol. 6 Issue 2, p159 

    Although many companies desire to implement supplier relationship management (SRM), the reality is that most firms do not implement it to the full extent necessary to achieve their desirable goals and objectives due to challenges associated with full-scale implementations. This paper attempts to...

  • THE SUPPLY CHAIN. Scavona, Alicia // Nonwovens Industry;May2010, Vol. 41 Issue 5, p20 

    The article focuses on the significance of a Supplier Relationship Management (SRM) program. It states that SRM intends to understand how a supplier affects an organization. It mentions the two attributes of SRM such as technology which deals with a product's sophistication, financial expansion...

  • Supplier selection using axiomatic fuzzy set and TOPSIS methodology in supply chain management. Li, Ye; Liu, Xiaodong; Chen, Yan // Fuzzy Optimization & Decision Making; 

    The current paper presents a comprehensive methodology for supplier selection. In the first stage, the linguistic values expressed as trapezoidal fuzzy numbers are used to assess the weights of the criteria. The Axiomatic Fuzzy Set clustering (AFS) method, which handles ambiguity and fuzziness...

  • Prepare for supply chain disruptions before they hit. Pickett, Christopher // Logistics Today;Jun2006, Vol. 47 Issue 6, p22 

    The article offers information on the six-step guide for U.S. business enterprises to manage supply chain risks. The comprehensive supply management risk management includes identification of all critical suppliers of materials, projection of the probability and frequency of a business failure...

  • Surviving Supply Chain Disasters. Reese, Andrew K. // Food Logistics;Jun2007, Issue 96, p19 

    The article reports on the adoption of supply chain risk management (SCRM) by companies in the U.S. Based on the "Managing Risk in the Supply Chain A Quantitative Study," by Mark Hillman and Heather Keltz, executives have become interested in SCRM because of the growing threat to their supply...

  • New perspectives on global risk. Wright, Jonathan; Datskovska, Daniella // Logistics Management;May2012, Vol. 51 Issue 5, p42 

    The article explores various business logistics and transportation risks, as well as approaches to manage them. Among the risks cited include information or communication disruptions, infrastructure failure, and reliance on oil. Moreover, it cites the significance of high level collaboration...

  • A CONCEPT OF MODELS FOR SUPPLY CHAIN SPECULATIVE RISK ANALYSIS AND MANAGEMENT. KLOSA, EDYTA // Journal of Economics & Management;2013, Issue 12, p45 

    The article offers information on the risk management and analysis in business. Topics of discussion included were supply chain management, risk analysis at marketing, administration and information level and the increase of the importance of risk management in contemporary organizations. It...

  • Trading Off Risks to Drive Competitive Advantage. Dupras, Laurence // Supply Chain Europe;Nov2007, Vol. 16 Issue 6, p24 

    The article focuses on how companies can optimize effective supply chain risk management strategies. It notes that it is an inherent element of any supply chain planning process in which the risks inherent to the supply chain are cooperatively identified and potential mitigating actions are...

  • Business Continuity Planning: A New Weapon on the Supply Chain Risk Management Front. Hartman, Craig // Supply Chain Europe;Nov2007, Vol. 16 Issue 6, p28 

    The article focuses on the significance of business continuity plans (BCPs) in developing an effective supply chain risk management strategies. It notes that BCPs must concentrate on logistics that will enable supply sources to surpass the danger of severe disruptions which could affect employee...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics