In today's global economy, supply chains are an essential ingredient to
corporate survival and growth. Operations strategy in supply chains must
assume an ever-expanding and strategic role of risks that modern
enterprises face when they operate in an interdependent supply chain
environment. These operational and strategic facets entail a brand new
set of operational problems and risks that have not always been
understood or managed very well. It falls to supply chain managers to
identify and to educate corporate managers on what these critical
operational problems and risks involve. This book provides business
students and practitioners with the means to understand, to model and to
analyze these outstanding issues and problems that are the essential
elements in managing supply chains today.
This book will consider these problems in depth and draw essential
conclusions regarding their management in supply chains. As a textbook
treatment, it will examine traditional operational problems, expressing
them in a strategic context, understanding their complexity, and
recognizing their interdependency with other firms within a supply-chain
environment. Used throughout the book will be application examples that
illustrate all the aspects of dealing with and solving these kinds of
problems.
The content of SUPPLY CHAIN GAMES: Operations Management and Risk
Valuation is presented in three sections, each of which will emphasize
important facets of supply chain management operations. (1) Supply
chains and operations modeling and management section will provide
static and time models and their gradual extension to a supply chain
environment. The section will give special attention to the new concerns
and issues at this level of analysis. (2) Inter-temporal supply chain
management section will address this aspect as differential games. The
differential games will be presented as natural continuous-time
extensions of static models so that the effect of various types of
dynamics on supply chains can be assessed and insights can be developed.
(3) Risk and supply chain management section will deal with risk and
supply chains as well as providing numerous applications regarding the
management of interdependent operations and quality in a supply chain
environment.
