Strategic Sourcing: Approaches for Managing Supply Chain Risk by George A. Zsidi

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This book provides a methodology, grounded in prior research, for analyzing supply chain vulnerabilities and determining appropriate strategic sourcing approaches firms can adopt for managing risk and ensuring supply chain resilience.

FORMATHardcover CONDITIONBrand New Publisher Description

This book provides a methodology, grounded in prior research, for analyzing supply chain vulnerabilities and determining appropriate strategic sourcing approaches firms can adopt for managing risk and ensuring supply chain resilience. Supply chain risk affects firms in a multitude of ways. The detrimental results of failing to manage supply chain risk includes, but is not limited to, disruptions that lead to the inability of firms to meet customer requirements, increased costs due to holding excessive inventory, paying employee overtime and expediting orders, financial losses due to increases in commodity prices and unfavorable exchange rates, and tarnishing firm reputation due to poor performance. Although supply chain risk can detrimentally affect firms in many ways, there are approaches organizations can implement for identifying, assessing, and managing risk in order to foster resiliency. This work focuses on strategic sourcing approaches for identifying, assessing and managing supply chain risk. It provides readers with insight into strategic sourcing and risk management approaches for managing supply chain risk and attaining resilience and will appeal to researchers in supply chain management, sourcing, and procurement.

Author Biography

George A. Zsidisin is the John W. Barriger III Professor at the University of Missouri-St. Louis, USA. His research focuses on how firms assess and manage risk associated with supply disruptions and price volatility in their supply chains. Barbara Gaudenzi is Associate Professor in Supply Chain Management and Risk Management at the Department of Management at the University of Verona, Italy. She is Director of RiskMaster and LogiMaster at the University of Verona. Her research interests are, in particular, supply chain management, supply chain risk management, resilience and cyber risk in supply chains. Roberta Pellegrino is Associate Professor in Management Engineering at Department of Mechanics Mathematics and Management, Polytechnic University of Bari, Italy. Her main research interests are on supply chain risk management and resilience, public-private partnership, real options theory and other topics in the field of management engineering.

Table of Contents

Chapter 1: Strategic Sourcing as an Enabler Of Supply Chain Risk Management.- Chapter 2: Supply Chain Risk and Organization Vulnerability.- Chapter 3: Decision Analysis Techniques in Supply Risk Assessment.- Chapter 4: Managing Supply Chain Risk During the Strategic Sourcing Process.- Chapter 5: Beyond Strategic Sourcing.

Details ISBN3031525914 Author Roberta Pellegrino Publisher Springer International Publishing AG Series Palgrave Studies in Logistics and Supply Chain Management Year 2024 ISBN-13 9783031525919 Format Hardcover Imprint Palgrave Macmillan Subtitle Approaches for Managing Supply Chain Risk Country of Publication Switzerland Audience Professional & Vocational Edition Description 1st ed. 2024 Edition 1st Pages 106 Publication Date 2024-03-05 Illustrations 12 Illustrations, color; 7 Illustrations, black and white; XXIX, 106 p. 19 illus., 12 illus. in color. DEWEY 658.7 ISBN-10 3031525914 UK Release Date 2024-03-05 We've got this

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