Foreign Exchange Risk Mitigation Strategies in Global Sourcing: The Case of Vortice SPA
Risk in global supply chains has garnered significant attention in business practice and research. However, our understanding of currency rate exchange volatility, and the resulting foreign exchange (FX) risk firms are exposed to, is currently limited from a supply chain perspective. The purpose of this chapter is to present an illustrative case of how Vortice SpA, a medium-sized Italian producer of ventilation systems for residential and industrial applications, perceives and mitigates FX risk in their firm and extended supply chains.
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