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© 2007

Supply Chain Games: Operations Management And Risk Valuation

Benefits

  • The recent explosive growth in supply chains, maintaining control over traditional operational and risk management issues, have become even more in complex and at the same time strategic-game-like in their nature. This is the first expository analysis and application of these recent developments in today’s economy

  • Addresses new and developing concerns in the field and it will be of much interest to all Supply Chain Management practitioners and students

  • Charles Tapiero is highly regarded internationally in Operations Management and Risk Analysis. He teaches at universities in the US, Paris and Israel. While Konstantin Kogan is not as well known as Tapiero, he comes with excellent academic credentials and he teaches at both Brooklyn Polytechnic University and in Israel

Book

Part of the International Series In Operations Research & Management Science book series (ISOR, volume 113)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Supply Chains and Operations Modeling and Management

  3. Intertemporal Supply Chain Management

  4. Risk and Supply Chain Management

    1. Front Matter
      Pages 376-376
    2. Pages 377-429
  5. Back Matter
    Pages 483-510

About this book

Introduction

In today’s global economy, supply chains are an essential ingredient to corporate survival and growth. Operations strategy in supply chains must assume an ever-expanding and strategic role of risks that modern enterprises face when they operate in an interdependent supply chain environment. These operational and strategic facets entail a brand new set of operational problems and risks that have not always been understood or managed very well. It falls to supply chain managers to identify and to educate corporate mangers on what these critical operational problems and risks involve. This book provides business students and practitioners with the means to understand, to model and to analyze these outstanding issues and problems that are the essential elements in managing supply chains today.

This book will consider these problems in depth and draw essential conclusions regarding their management in supply chains. As a textbook treatment, it will examine traditional operational problems, expressing them in a strategic context, understanding their complexity, and recognizing their interdependency with other firms within a supply-chain environment. Used throughout the book will be application examples that illustrate all the aspects of dealing with and solving these kinds of problems.

The content of SUPPLY CHAIN GAMES: Operations Management and Risk Valuation is presented in three sections, each of which will emphasize important facets of supply chain management operations. (1) Supply chains and operations modeling and management section will provide static and time models and their gradual extension to a supply chain environment. The section will give special attention to the new concerns and issues at this level of analysis. (2) Inter-temporal supply chain management section will address this aspect as differential games. The differential games will be presented as natural continuous-time extensions of static models so that the effect of various types of dynamics on supply chains can be assessed and insights can be developed. (3) Risk and supply chain management section will deal with risk and supply chains as well as providing numerous applications regarding the management of interdependent operations and quality in a supply chain environment.

Keywords

Optimality Conditions control differential games logistics model modeling operations management optimization pricing quality risk risk management supply chains

Authors and affiliations

  1. 1.Bar-Ilan University
  2. 2.Polytechnic University of NY

Bibliographic information

Industry Sectors
Automotive
Chemical Manufacturing
Biotechnology
Finance, Business & Banking
Consumer Packaged Goods
Engineering
Pharma
Materials & Steel
Energy, Utilities & Environment
Aerospace

Reviews

From the reviews:

"The book examines traditional operational problems expressed in a strategic and inter-temporal context that recognises the complexity and interdependency of firms in a supply-chain environment. Application examples, extensively used throughout the book, illustrate all the aspects of dealing with and solving such kinds of problems, and make it suitable for students in logistics, risk engineering and economics as well as business school graduates and practitioners … ." (Vangelis Grigoroudis, Zentralblatt MATH, Vol. 1156, 2009)