This textbook presents a coherent and robust structure for integrated
risk management in the context of operations and finance. It explains
how the operations-finance interface jointly optimizes material and
financial flows under intricate risk exposures. The book covers
financial flexibility, operational hedging, enterprise risk management
(ERM), supply chain risk management (SCRM), integrated risk management
(IRM), supply chain finance (SCF), and financial management of supply
chain strategies. Both qualitative and quantitative approaches -
including conceptualization, theory building, analytical modeling, and
empirical research - are used to assess the value creation by
integrating operations and finance.
"This book provides a comprehensive description of the interactions
between finance and operations and of how managers can best make
decisions in recognition of these effects." John R. Birge, University of
Chicago"Supply chain finance is an emerging area where innovations can
unlock great values to complement the advances in information and
physical flows of supply chain." Hau L. Lee, Stanford University"This
book provides an excellent overview of supply chain finance and its most
recent advances." Jan A. Van Mieghem, Northwestern University"This book
is indispensable for advanced students as well as practitioners when
looking for a pedagogical sound and scientific rigorous approach to
Supply Chain Finance." Ralf W. Seifert, IMD/EPFL"The book advances our
knowledge on the interface between operations and finance and provides
managerial guidelines for effective risk management in the supply
chain." Xiande Zhao, CEIBS