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.