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Supply Chain Risk Management

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Supply Chain Finance

Part of the book series: EURO Advanced Tutorials on Operational Research ((EUROATOR))

Abstract

In this chapter, we introduce concepts and techniques of operational hedging in SCRM (supply chain risk management) that are used to match the supply with demand of material flows. First, we present a conceptual framework of supply chain risk management, after which we propose a classification of operational hedging based on our description of each operational strategy. We then examine representative analytical models of SCRM and give numerical examples. Finally, we discuss the empirical research on SCRM and provide some illustrative mini-cases.

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Authors and Affiliations

  1. Associate Professor of Supply Chain Management, Ningbo Supply Chain Innovation Institute China, MIT Global SCALE Network, Ningbo, China

    Lima Zhao

  2. Chair of Production Management, WHU-Otto Beisheim School of Management, Vallendar, Germany

    Arnd Huchzermeier

Authors
  1. Lima Zhao
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  2. Arnd Huchzermeier
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Correspondence to Lima Zhao .

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Zhao, L., Huchzermeier, A. (2018). Supply Chain Risk Management. In: Supply Chain Finance. EURO Advanced Tutorials on Operational Research. Springer, Cham. https://doi.org/10.1007/978-3-319-76663-8_3

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