About the Book
"Risk Management in Logistics" is a comprehensive guide that dives deep into the world of supply chain management, casting a critical eye on the spectrum of risks that businesses must navigate to ensure operational smoothness. The book aims to instill in its readers an understanding of potential supply chain disruptions and the importance of risk management to minimize losses and maintain the flow of operations. The target audience is wide, encompassing professionals in the logistics and supply chain sector, students studying related disciplines, as well as business leaders who wish to equip themselves with essential knowledge in this critical business function.
The book categorizes and dissects various types of risks in logistics, ranging from natural disasters and man-made disruptions to consequential risks. It emphasizes the crucial task of identifying potential supply chain issues, such as lack of transparency, obsolete technology, quality control, and inventory management issues. The heart of the book provides strategic insights into mitigating risks in logistics through a systematic approach of risk assessment, supply chain mapping, implementing technological solutions, and crafting contingency plans. Furthermore, it explores the transformative role of technology in risk management, including real-time tracking, predictive analytics, automation, and digitalization. Several illustrative case studies are also included to highlight successful risk management strategies. "Risk Management in Logistics" is a beacon in the often-stormy seas of logistics and supply chain management, guiding readers to adeptly navigate risks, maximize efficiency, and ensure business continuity.
