"Includes detailed modelling-based approaches to mitigate supply chain risk, drawing on the supply chain literature. Presents broad mitigation approaches in practice to highlight concepts,drawing on industry examples and cases." -- Publisher's website

Lee [2004. The triple - a supply chain. Harvard Business Review 102–112] articulated that alignment, adaptability, and agility are the basic ingredients for managing supply chain risks. While it is clear that flexibility (agility) enhances supply chain resiliency, it remains unclear how much...

To gain cost advantage and market share, many firms implemented various initiatives such as outsourced manufacturing and product variety. These initiatives are effective in a stable environment, but they could make a supply chain more vulnerable to various types of disruptions caused by...