Supply Chain Risk Management 2nd Edition

One of the many outcomes resulting from the explosion of international trade is access to lower cost production opportunities through outsourcing. This phenomenon has increased the importance of supply chains, the information technology needed to coordinate them and the need for this relatively complex enterprise to be exceptionally well-managed. There are obviously many cost benefits to be had from maintaining a strong and far-reaching supply chain. However, this opportunity to lower costs entails significant risks, such as tsunamis, earthquakes, political unrest, and economic turbulence. This book will introduce concepts and examples of risk in supply chain management, followed by an identification and discussion of an array of quantitative tools (selection methods, risk simulation modeling, and business scorecard analysis) to help manage these risks. Many books are appearing that address various aspects of supply chain risks. No other book known to the author addresses this set of modeling tools as a means of managing this risk. The target market for this book is practitioners in the supply chain management field. As such, the book will emphasize practical means of assessing supply chain risk and incorporate real-world examples that offer practical solutions to risk management problems in the supply chain.

About the Author

David L. Olson is the James & H.K. Stuart Professor in MIS and Chancellor’s Professor at the University of Nebraska. He has published research in over 150 refereed journal articles, primarily on the topic of multiple objective decision making, information technology, supply chain risk management, and data mining. He teaches in the management information systems, management science, and operations management areas. He has authored 18 books; is associate editor of Service Business, Decision Support Systems, and Decision Sciences; and co-editor in chief of International Journal of Services Sciences. He was a Lowry Mays endowed Professor at Texas A&M University from 1999 to 2001. He was named the Raymond E. Miles Distinguished Scholar award for 2002, and was a James C. and Rhonda Seacrest Fellow from 2005 to 2006. He was named Best Enterprise Information Systems Educator by IFIP in 2006. He is a Fellow of the Decision Sciences Institute.

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