ABSTRACT
This introduction presents an overview of key concepts discussed in the subsequent chapters of this book. Chapman analyzed the vulnerability of supply chains to disruptions and proposed the 3P management approach for managing supply chain disruption risks. Zsidisin defined supply chain risks and noted that buyers encounter supply risks emanating from impact factors, market characteristics, and supply chain risk events related to suppliers. Global economy is maintaining a rapid growth rate, and the living standards of common people are improving significantly. The processes of marketization and liberalization have accelerated in several countries, where various risks will emerge in their development. The management and minimization of supply chain risks constitute not only a major component of supply chain management but also management of enterprise risks. Kleindorfer and Saad further categorized supply chain disruptions as a whole and evaluated their influence, introduced 10 corresponding risk management methods, and summarized experiences of American chemical enterprises in managing supply chain events and risks.
