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Supply Chain Risk Management in the Apparel Industry

Supply Chain Risk Management in the Apparel Industry
Author: Peter Cheng
Publisher: Routledge
Total Pages: 136
Release: 2018-05-11
Genre: Business & Economics
ISBN: 1315314169

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Apparel is one of the oldest and largest export industries in the world. It is also one of the most global industries because most nations produce for the international textile and apparel market. The changing global landscape drives cost volatility, regulatory risk and change in consumer preference. In today’s retail landscape, media and advocacy groups have focussed attention on social and environmental issues, as well as new regulatory requirements and stricter legislations. Understanding and managing any risk within the supply chain, particularly ethical and responsible sourcing, has become increasingly critical. This book first gives a systematic introduction to the evolution of SCRM through literature review and discusses the importance of SCRM in the apparel industry. Second, it describes the life cycle of the apparel supply chain and defines the different roles of the value chain in the apparel industry. Thirdly, it identifies the risk factors in the Apparel Life Cycle and analyses the risk sources and consequences and finally, extends the importance of selection of the suppliers and develops a supplier selection model and SCRM strategies solution by data analysis and case studies.


Stakeholder and Risk Management in Sustainable Supply Chains: Review and System Dynamics Modeling

Stakeholder and Risk Management in Sustainable Supply Chains: Review and System Dynamics Modeling
Author: Tobias Rebs
Publisher: kassel university press GmbH
Total Pages: 11
Release: 2018-11-22
Genre:
ISBN: 3737650675

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The environmental and social impacts of resource extraction and processing, subsequent production processes, and logistics activities are becoming increasingly important for sustainable economies. Moreover, sustainability-related issues and related risks are addressed by supply chain-internal and -external stakeholders. Against this background, companies are driven to consider the sustainability of their business as well as their supply chains by sustainable supply chain management (SSCM). This dissertation aims at furthering theory development at the nexus of stakeholder and risk management in SSCM by taking a systems thinking perspective on sustainable supply chains with a methodological focus on system dynamics (SD) modeling. To this end, conceptual frameworks and a formal model are developed. In addition, several guidelines for future research are proposed based on the identified trends and gaps in extant related scientific literature. Finally, the presented SD model illustrates the interplay between dynamic capabilities and SSCM practices that result in overall SSCM performance, while multiple stakeholder influences are considered.


Supply Chain Risk Management

Supply Chain Risk Management
Author: Marc Helmold
Publisher: Springer Nature
Total Pages: 286
Release: 2022-03-05
Genre: Business & Economics
ISBN: 3030908003

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This book provides a holistic and practical approach to managing supply chains risks and presents a new framework model for sustainable optimization of risk management. This framework includes supportive tools for risk mapping and strategic decision-making. Managers can apply tailored versions of this framework for the management process of their respective sector. The authors provide case studies in industries such as automotive, aviation, airport, and healthcare.


Risk Analysis and Assessment in Perishable Food Supply Chain

Risk Analysis and Assessment in Perishable Food Supply Chain
Author: Mohsen Shirani
Publisher: GRIN Verlag
Total Pages: 31
Release: 2012-04-24
Genre: Business & Economics
ISBN: 3656176612

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Research Paper (postgraduate) from the year 2011 in the subject Business economics - Supply, Production, Logistics, grade: 5/5, Chalmers University of Technology Foundation Göteborg, language: English, abstract: There are some risk analysis studies in different steps of food supply chain as production, distribution, logistics, and retailers. However, there is gap in risk analysis for all supply chain of food industry, from producer to end customer. Therefore, the focus in this study is risk analysis in supply network of perishable food and providing a model for finding and reducing potential risks. The aim of this study is mainly risk reduction of perishable food industry which has influence on improvement of public health level and decreasing food-borne diseases.


A Systems Approach for Modelling Supply Chain Risks

A Systems Approach for Modelling Supply Chain Risks
Author: Abhijeet Ghadge
Publisher:
Total Pages: 16
Release: 2017
Genre:
ISBN:

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Purpose - With increasing exposure to disruptions, it is vital for supply chains to manage the risks proactively. Prediction of potential failure points and overall impact of these risks is challenging. In this paper, systems thinking concepts are applied for modelling supply chain risks. The aim of this research is to develop a holistic, systematic and quantitative risk assessment process for measuring the overall risk behaviour.Design/Methodology/Approach - A framework for Supply Chain Risk Management (SCRM) is developed and tested using an industrial case study. A systematically developed research design is employed to capture the dynamic behaviour of risks. Additionally, a system based supply chain risk model is conceptualized for risk modelling. Sensitivity modelling results are combined for validating the supply chain risk model. Findings - The systems approach for modelling supply chain risks predicts the failure points along with their overall risk impact in the supply chain network. System based risk modelling provides a holistic picture of risk behavioural performance which is difficult to realise through other research methodologies commonly preferred in the SCRM research. Practical Implications - The developed framework for SCRM is tested in an industry setting for its viability. The framework for SCRM along with the supply chain risk model is expected to benefit practitioners in understanding the intricacies of supply chain risks. The system model for risk assessment is a working tool which could provide a perspective of future disruptive events.Originality - A holistic, systematic and quantitative risk modelling mechanism for capturing overall behaviour of risks is a valuable contribution of this research. The paper presents a new perspective towards using systems thinking for modelling supply chain risks.


Revisiting Supply Chain Risk

Revisiting Supply Chain Risk
Author: George A. Zsidisin
Publisher: Springer
Total Pages: 463
Release: 2018-12-18
Genre: Business & Economics
ISBN: 3030038130

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This book offers a bridge between our current understanding of supply chain risk in practice and theory, and the monumental shifts caused by the emergence of the fourth industrial revolution. Supply chain risk and its management have experienced significant attention in scholarship and practice over the past twenty years. Our understanding of supply chain risk and its many facets, such as uncertainty and vulnerability, has expanded beyond utilizing approaches such as deploying inventory to buffer the initial effects of disruptions. Even with our increased knowledge of supply chain risk, being in the era of lean supply chain practices, digitally managed global supply chains, and closely interconnected networks, firms are exposed as ever to supply chain uncertainties that can damage, or even destroy, their ability to compete in the marketplace. The book acknowledges the criticality of big data analytics in Supply Chain Risk Management (SCRM) processes and provides appropriate tools and approaches for creating robust SCRM processes. Revisiting Supply Chain Risk presents a state-of-the-art look at SCRM through current research and philosophical thought. It is divided into six sections that highlight established themes, as well as provide new insights to developing areas of inquiry and contexts on the topic. Section 1 examines the first step in managing supply chain risk, risk assessment. The chapters in Section 2 encompass resiliency in supply chains, while Section 3 looks at relational and behavioral perspectives from varying units of analysis including consortiums, teams and decision makers. Section 4 focuses on examining supply chain risk in the contexts of sustainability and innovation. Section 5 provides insight on emerging typologies and taxonomies for classifying supply chain risk. The book concludes with Section 6, featuring illustrative case studies as real-world examples in assessing and managing supply chain risk.


Risk Management in Supply Chains

Risk Management in Supply Chains
Author: Mohammad Heydari
Publisher: Routledge
Total Pages: 252
Release: 2019-09-19
Genre: Business & Economics
ISBN: 1000707555

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The book examines a relatively unexplored issue in supply chain risk management, which is how long companies specifically take to respond to catastrophic events of low probability but high impact. The book also looks at why such supply chain disruptions are unavoidable, and consequently, all complex supply chains are inherently at risk. The book illustrates how companies can respond to supply chain disruptions with faster responses and in shorter lead-times to reduce impact. In reducing total response time, designing solutions, and deploying a recovery plan sooner after a disruption in anticipation of such events, companies reduce the impact of disruption risk. The book also explores the basics of multiple-criteria decision-making (MCDM) and analytic hierarchy process (AHP), and how they contribute to both the quality of the financial economic decision-making process and the quality of the resulting decisions. The book illustrates through cases in the construction sector how this industry has become more complex and riskier due to the diverse nature of activities among global companies.


Supply Chain Risk

Supply Chain Risk
Author: George A. Zsidisin
Publisher: Springer Science & Business Media
Total Pages: 351
Release: 2008-09-08
Genre: Business & Economics
ISBN: 0387799346

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Risk is of fundamental importance in this era of the global economy. Supply chains must into account the uncertainty of demand. Moreover, the risk of uncertain demand can cut two ways: (1) there is the risk that unexpected demand will not be met on time, and the reverse problem (2) the risk that demand is over estimated and excessive inventory costs are incurred. There are other risks in unreliable vendors, delayed shipments, natural disasters, etc. In short, there are a host of strategic, tactical and operational risks to business supply chains. Supply Chain Risk: A Handbook of Assessment, Management, and Performance will focus on how to assess, evaluate, and control these various risks.


Handbook for Supply Chain Risk Management

Handbook for Supply Chain Risk Management
Author: Omera Khan
Publisher: J. Ross Publishing
Total Pages: 273
Release: 2012
Genre: Business & Economics
ISBN: 1604270381

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“This book provides a valuable resource for all those who seek to understand the sources of supply chain risk and provides powerful insights into how that risk might be mitigated.” — Martin Christopher, Emeritus Professor of Marketing & Logistics, Cranfield School of Management, UK “This handbook is perfectly balanced with academic theory and real-world best practices making it a useful resource for both supply chain practitioners and students of the trade.” — Sean S. Murphy, President and CEO, Lootok “This book provides practitioners and students with an overview of good supply chain risk management practices, nicely illustrated with a diverse set of case examples.” — Stephan M. Wagner, Ph.D., Professor and Chair of Logistics Management, Swiss Federal Institute of Technology Zurich (ETH Zurich) Recent business trends, and practices, coupled with unpredictable external events have made many firms much more vulnerable to supply chain risk and disruptions than in the past. The Handbook for Supply Chain Risk Management offers the first comprehensive collection of diverse practices executives and practitioners in most any industry can adopt to proactively manage supply chain risks and improve their overall business performance.Key Features • Delivers valuable insights from 30 international contributing authors • Provides comprehensive coverage of current and future supply chain risks such as globalization, outsourcing, Lean initiatives, information security, natural disasters, political upheaval and economic recession • Includes a wide variety of cases from various industries demonstrating effective approaches useful for benchmarking, reducing the chance and financial impact of risk, and for creating a more robust and resilient firm in the face of supply chain risk • Supplies practitioners with a set of best practices, processes, tools, and techniques supported by illustrative examples • WAV offers downloadable instructional materials — available from the Web Added Value™ Download Resource Center at www.jrosspub.com