Managing Supply Chain Disruptions

Given the substantive negative financial, marketing, and operations related consequences of supply chain disruptions, it is not surprising that most organizations are expending significant efforts to develop effective disruption management strategies. Further, the focus on low cost (and lean) supply chains to control costs has also resulted in magnifying the impact of even a small disruption at any stage of the chain. Thus supply chain managers are constantly evaluating and trading-off the low costs of a lean supply chain with the benefits of a highly responsive (and potentially higher cost) supply chain. In this monograph, the authors provide a comprehensive review of the current research and practice related to managing supply chain disruptions. In essence, the focus is to structure and describe these extant contributions with a view to identify directions for future research.