The Handbook of Integrated Risk Management in Global Supply Chains: Kouvelis/Risk Management Handbook

A comprehensive, one-stop reference for cutting-edge research in integrated risk management, modern applications, and best practices In the field of business, the ever-growing dependency on global supply chains has created new challenges that traditional risk management must be equipped to handle. Handbook of Integrated Risk Management in Global Supply Chains uses a multi-disciplinary approach to present an effective way to manage complex, diverse, and interconnected global supply chain risks. Contributions from leading academics and researchers provide an action-based framework that captures real issues, implementation challenges, and concepts emerging from industry studies.The handbook is divided into five parts: Foundations and Overview introduces risk management and discusses the impact of supply chain disruptions on corporate performanceContent: Chapter One Integrated Risk Management: A Conceptual Framework with Research Overview and Applications in Practice (pages 1–12): Panos Kouvelis, Lingxiu Dong, Onur Boyabatli and Rong Li Chapter Two Risk Management and Operational Hedging: An Overview (pages 13–49): Jan A. van Mieghem Chapter Three The Effect of Supply Chain Disruptions on Corporate Performance (pages 51–78): Kevin B. Hendricks and Vinod R. Singhal Chapter Four Operational Strategies for Managing Supply Chain Disruption Risk (pages 79–101): Brian Tomlin and Yimin Wang Chapter Five Beyond Risk: Ambiguity in Supply Chains (pages 103–124): Karthik Natarajan, Melvyn Sim and Chung?Piaw Teo Chapter Six Managing Storable Commodity Risks: Role of Inventories and Financial Hedges (pages 125–155): Panos Kouvelis, Rong Li and Qing Ding Chapter Seven Integrated Production and Risk Hedging with Financial Instruments (pages 157–196): Ccedil;agri Haksoz and Sridhar Seshadri Chapter Eight Capacity Expansion as a Contingent Claim: Flexibility and Real Options in Operations (pages 197–217): Bardia Kamrad Chapter Nine Financial Valuation of Supply Chain Contracts (pages 219–245): Mustafa C Pinar, Alper sen and A. Gokay Eron Chapter Ten Supply Chain Finance (pages 247–288): Panos Kouvelis and Wenhui Zhao Chapter Eleven The Role of Financial Services in Procurement Contracts (pages 289–326): Rene Caldentey and Xiangfeng Chen Chapter Twelve Production/Inventory Management and Capital Structure (pages 327–362): Qiaohai (Joice) Hu, Lode Li and Matthew J. Sobel Chapter Thirteen Bank Financing of Newsvendor Inventory: Coordinating Loan Schedules (pages 363–385): Qiaohai (Joice) Hu and Maqbool Dada Chapter Fourteen Decentralized Supply Risk Management (pages 387–424): Goker Aydin, Volodymyr Babich, Damian Beil and Zhibin Yang Chapter Fifteen Using Supplier Portfolios to Manage Demand Risk (pages 425–445): Victor Martinez?de?Albeniz Chapter Sixteen An Opportunity Cost View of Base?Stock Optimality for the Warehouse Problem (pages 447–461): Nicola Secomandi Chapter Seventeen Procurement Risk Management in Beef Supply Chains (pages 463–494): Onur Boyabatli, Paul R. Kleindorfer and Stephen R. Koontz Chapter Eighteen Risk Management in Electric Utilities (pages 495–513): Stein?Erik Fleten, Jussi Keppo and Erkka Nasakkala Chapter Nineteen Supply Chain Risk Management: A Perspective from Practice (pages 515–535): Colin Kessinger and Joe McMorrow Chapter Twenty A Bayesian Framework for Supply Chain Risk Management Using Business Process Standards (pages 537–564): Changhe Yuan, Feng Cheng, Henry Dao, Markus Ettl, Grace Lin and Karthik Sourirajan **A comprehensive, one-stop reference for cutting-edge research in integrated risk management, modern applications, and best practices** In the field of business, the ever-growing dependency on global supply chains has created new challenges that traditional risk management must be equipped to handle. __Handbook of Integrated Risk Management in Global Supply Chains__ uses a multi-disciplinary approach to present an effective way to manage complex, diverse, and interconnected global supply chain risks. Contributions from leading academics and researchers provide an action-based framework that captures real issues, implementation challenges, and concepts emerging from industry studies.The handbook is divided into five parts: * __Foundations and Overview__ introduces risk management and discusses the impact of supply chain disruptions on corporate performanceContent: Chapter One Integrated Risk Management: A Conceptual Framework with Research Overview and Applications in Practice (pages 1–12): Panos Kouvelis, Lingxiu Dong, Onur Boyabatli and Rong LiChapter Two Risk Management and Operational Hedging: An Overview (pages 13–49): Jan A. van MieghemChapter Three The Effect of Supply Chain Disruptions on Corporate Performance (pages 51–78): Kevin B. Hendricks and Vinod R. SinghalChapter Four Operational Strategies for Managing Supply Chain Disruption Risk (pages 79–101): Brian Tomlin and Yimin WangChapter Five Beyond Risk: Ambiguity in Supply Chains (pages 103–124): Karthik Natarajan, Melvyn Sim and Chung?Piaw TeoChapter Six Managing Storable Commodity Risks: Role of Inventories and Financial Hedges (pages 125–155): Panos Kouvelis, Rong Li and Qing DingChapter Seven Integrated Production and Risk Hedging with Financial Instruments (pages 157–196): Ccedil;agri Haksoz and Sridhar SeshadriChapter Eight Capacity Expansion as a Contingent Claim: Flexibility and Real Options in Operations (pages 197–217): Bardia KamradChapter Nine Financial Valuation of Supply Chain Contracts (pages 219–245): Mustafa C Pinar, Alper sen and A. Gokay EronChapter Ten Supply Chain Finance (pages 247–288): Panos Kouvelis and Wenhui ZhaoChapter Eleven The Role of Financial Services in Procurement Contracts (pages 289–326): Rene Caldentey and Xiangfeng ChenChapter Twelve Production/Inventory Management and Capital Structure (pages 327–362): Qiaohai (Joice) Hu, Lode Li and Matthew J. SobelChapter Thirteen Bank Financing of Newsvendor Inventory: Coordinating Loan Schedules (pages 363–385): Qiaohai (Joice) Hu and Maqbool DadaChapter Fourteen Decentralized Supply Risk Management (pages 387–424): Goker Aydin, Volodymyr Babich, Damian Beil and Zhibin YangChapter Fifteen Using Supplier Portfolios to Manage Demand Risk (pages 425–445): Victor Martinez?de?AlbenizChapter Sixteen An Opportunity Cost View of Base?Stock Optimality for the Warehouse Problem (pages 447–461): Nicola SecomandiChapter Seventeen Procurement Risk Management in Beef Supply Chains (pages 463–494): Onur Boyabatli, Paul R. Kleindorfer and Stephen R. KoontzChapter Eighteen Risk Management in Electric Utilities (pages 495–513): Stein?Erik Fleten, Jussi Keppo and Erkka NasakkalaChapter Nineteen Supply Chain Risk Management: A Perspective from Practice (pages 515–535): Colin Kessinger and Joe McMorrowChapter Twenty A Bayesian Framework for Supply Chain Risk Management Using Business Process Standards (pages 537–564): Changhe Yuan, Feng Cheng, Henry Dao, Markus Ettl, Grace Lin and Karthik Sourirajan A comprehensive, one-stop reference for cutting-edge research in integrated risk management, modern applications, and best practices In the field of business, the ever-growing dependency on global supply chains has created new challenges that traditional risk management must be equipped to handle. Handbook of Integrated Risk Management in Global Supply Chains uses a multi-disciplinary approach to present an effective way to manage complex, diverse, and interconnected global supply chain risks. Contributions from leading academics and researchers provide an action-based framework that captures real issues, implementation challenges, and concepts emerging from industry studies.The handbook is divided into five parts: Foundations and Overview introduces risk management and discusses the impact of supply chain disruptions on corporate performance Integrated Risk Management: Operations and Finance Interface explores the joint use of operational and financial hedging of commodity price uncertainties Supply Chain Finance discusses financing alternatives and the role of financial services in procurement contracts; inventory management and capital structure; and bank financing of inventories Operational Risk Management Strategies outlines supply risks and challenges in decentralized supply chains, such as competition and misalignment of incentives between buyers and suppliers Industrial Applications presents examples and case studies that showcase the discussed methodologies Each topic's presentation includes an introduction, key theories, formulas, and applications. Discussions conclude with a summary of the main concepts, a real-world example, and professional insights into common challenges and best practices. Handbook of Integrated Risk Management in Global Supply Chains is an essential reference for academics and practitioners in the areas of supply chain management, global logistics, management science, and industrial engineering who gather, analyze, and draw results from data. The handbook is also a suitable supplement for operations research, risk management, and financial engineering courses at the upper-undergraduate and graduate levels. "Risk-control practices are often carried out by the finance function of a corporation without much input from other functional areas and lack of analysis on their impact of the supply chain and operational decisions. This book aims to bridge the gap in the literature by providing an unified approach to integrated risk management in finance and operations by identifying potential sources of risk to risk-control practices in supply chain and operational decisions. Current challenges in practice are discussed from a managerial and business research perspective"-- Provided by publisher