Strategies for Supply Chain Risk Management (Ro. Li, Li, Guo, Lai,**

Name: Strategies for Supply Chain Risk Management (Ro. Li, Li, Guo, Lai,**
Brand: Taylor & Francis Ltd

Taylor & Francis Ltd

Strategies for Supply Chain Risk ManagementAuthor(s): Yi Li, Ju'e Guo, Kin Keung Lai\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032344218, 978-1032344218\nSynopsis\nExamining the negative consequences that arise from supply chain risks, this book systematically explores firms responses to these risks in different situations. In particular, it focuses on sourcing strategies of firms under supply chain risks and the different mitigation tools they use, such as supplier development and multisourcing.\n\nSupply chains have expanded extensively because many firms try to take advantage of outsourcing of their raw materials and critical components. Though firms can reap significant benefits due to the widespread use of outsourcing, they have to deal with increasing supply chain risks. In general, supply chain risks are various and may be originated from natural disasters, labor strikes, fires, and so on. These risk incidents can.