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Are assets in a landlocked country subject to sea-level rise risk? In this paper, we study the cross-border spillovers of physical climate risks through international trade and supply chain linkages. As we base our findings on historical data between 1970 and 2018, we observe that globalization...
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We describe the need for resilience in supply chains given the recent stream of disruptions that the world has experienced. Based on recent events, we identify different types of disruptions that have challenged the resilience of supply chains. Subsequently, we describe the different digital...
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Supply Chain Management (SCM) and Risk Management (RM) are two current business management approaches that are based on relatively long historical developments. RM has been steadily developing since the middle of the 20th century while SCM, which started in the early 1990s, is a more recent...
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We study contracting for a three-tier supply chain consisting of a buyer, a supplier, and a sub-supplier where disruptions of random length occur at the sub-supplier. As is common in supply chains, the buyer has a direct relationship with the supplier but not the sub-supplier; that is, the buyer...
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Disruptions that temporarily interrupt production pose a significant risk for manufacturing firms. To manage this risk firms can purchase interruption insurance and/or deploy operational measures such as storing inventory or taking preparedness actions that reduce the expected interruption...
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