Companies face a variety of risks resulting from cost reduction
strategies, rationalization measures, global sourcing, and outsourcing
activities. Due to the large number of actors involved, extremely close
ties emerge, which significantly increase supply chains' vulnerability
to disruptions - this has been shown again and again in the past few
years. Against this background, the aspect of supply continuity is of
increasing importance for all activities that relate to procurement,
logistics, and supply chain management. Its objective is to ensure the
continuous operation of supply chains, i.e., the uninterrupted flow of
material, information, and coordination from the initial supplier to the
end customer. Therefore, it is necessary to adopt adequate measures that
take into consideration not only potential losses but also potential
gains (so-called speculative risks).
With this book, the concept of Supply Chain Safety Management is
introduced. The concept itself is embedded in a comprehensive and
dynamic management process. Depending on a supply chain's individual
objectives, a set of courses of action is offered for any risk factors -
whether they are identifiable and quantifiable or not. The
practicability of Supply Chain Safety Management is highlighted by
various case studies.
The book "Supply Chain Safety Management: Achieving Security and
Robustness in Logistics" targets both the areas of science and of
practice. First, the state of the art in research is reflected and
valuable impulses for new and respectively for further research fields
are provided by taking into consideration the points of view of
scientists and practitioners in the business environment. Next,
theoretically well‐substantiated, modern approaches and tools applicable
to the business world are offered, an impetus for new ideas and fields
of positioning is given and best practice examples are presented
allowing a fruitful exchange of experiences between practitioners.