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Risk Management of Supply and Cash Flows in Supply Chains / by Jian Li, Jia Chen, Shouyang Wang
(International Series in Operations Research & Management Science. ISSN:22147934 ; 165)

Publisher	(New York, NY : Springer New York : Imprint: Springer)
Year	2011
Edition	1st ed. 2011.
Authors	*Li, Jian author Chen, Jia author Wang, Shouyang author SpringerLink (Online service)

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Links to the text	Location	Volume	Call No.	Barcode No.	Status	Comments	ISBN	Printed	Restriction	Reserve
Links to the text	Library Off-campus access			OB00164247		Springer Business and Economics eBooks (電子ブック)	9781461405115

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Material Type	E-Book
Media type	機械可読データファイル
Size	XVIII, 202 p : online resource
Notes	Introduction -- Dynamic Suppliers Selection: Single or Dual Sourcing? -- Sourcing Strategy of Retailer and Pricing Strategies of Suppliers -- Dynamic Inventory Management with Cash Flow Constraints -- Dynamic Inventory Management with Short-Term Financing -- Delayed Cash Payment, Receivable and Inventory Management -- Game Analysis in Negotiation of Iron Ore Price -- Conclusions and Further Research Topics 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 HTTP:URL=https://doi.org/10.1007/978-1-4614-0511-5
Subjects	LCSH:Operations research LCSH:Production management LCSH:Management FREE:Operations Research and Decision Theory FREE:Operations Management FREE:Management
Classification	LCC:T57.6-.97 DC23:658.403
ID	8000064644
ISBN	9781461405115