Risk Management of Supply and Cash Flows in Supply Chains (International Series in Operations Research & Management Science, 165). Dieser Artikel ist nicht verfügbar.Risk Management of Supply and Cash Flows in Supply Chains (International Series in Operations Research & Management Science, 165)

Risk management has become an essential issue in supply chain management, from the modeling of the decision maker's risk preference, and the studies on uncertain elements such as demand, supply, price, lead time, etc., to the consideration of more practical background including cash flow constraints, inventory financing and delayed cash payment. In this new volume, the authors provide a framework to study the interaction of various factors related to risk and their influence on supply chain management.

The scope of areas covered includes operations management, decision analysis, and business administration. This book focuses on several key issues of risk management in supply chains. Specifically, an analysis framework is presented for studying the supplier selection problem and identifying the optimal sourcing strategy in a one-retailer two-suppliers supply chain with random yields. The optimal sourcing strategy of a retailer and the pricing strategies of two suppliers under an environment of supply disruption are investigated. Besides, the authors study the dynamic inventory control problems with cash flow constraints, financing decisions as well as delayed cash payment. In addition, originating from the annual international iron ore price negotiation, the authors model the bargaining process to deal with the risk of wholesale price in the game analysis context.

Within the three perspectives of risk management in supply chains, the modeling of decision maker's risk preference has been extensively studied and many results have been obtained to guide the practice. However, the analysis on the other two kinds of topics is still in its infancy, and needs more efforts from academia. It is thus the ambition and innovation for this book to contribute on risk management in supply chains in the following ways:

(1) characterizing the explicit sourcing strategy (i.e., single sourcing or dual sourcing) to deal with supply disruption risk;

(2)introducing the concepts of financial risk measurement by incorporating cash flow constraints, inventory financing and delayed cash payment into inventory management models; and

(3) providing insights for the iron ore price negotiation to help steel manufacturers handle the risk of price increase.

Eryong Xue, Changjiang Scholar (Young Scholar) of Ministry of Education, is Professor at China Institute of Education and Social Development, Faculty of Education, Beijing Normal University, where he also serves as Chief Scholar from the Ministry of Education for the key project 'Research on Education Thoughts of President Xi Jinping'. His research interests include education policy and law, comparative education policy, and equality of education. He has published over 160 articles, monographs, reports, and policy briefs in these areas. Jian Li, Ph.D., is Assistant Professor at China Institute of Education and Social Development, Faculty of Education, Beijing Normal University. While pursuing her Ph.D. at Indiana University in Bloomington, the United States of America, Dr. Li served as Senior Research Consultant for the Office of the Vice Provost for Educational Inclusion and Diversity, and in Associate Researcher position for the Project on Academic Success, Center for Postsecondary Research at Indiana University. Dr. Li's general areas of scholarship are education policy and law, and comparative education policy, and has published over 60 articles, monographs, and book chapters.