Supply Chain Risk Management in the Apparel Industry: 1st Edition (Hardback) book cover

Supply Chain Risk Management in the Apparel Industry

1st Edition

By Peter Cheng, Yelin Fu, Kin Keung Lai

Routledge

136 pages | 13 B/W Illus.

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pub: 2018-05-10
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Description

Apparel is one of the oldest and largest export industries in the world. It is also one of the most global industries because most nations produce for the international textile and apparel market. The changing global landscape drives cost volatility, regulatory risk and change in consumer preference. In today’s retail landscape, media and advocacy groups have focussed attention on social and environmental issues, as well as new regulatory requirements and stricter legislations. Understanding and managing any risk within the supply chain, particularly ethical and responsible sourcing, has become increasingly critical.

This book first gives a systematic introduction to the evolution of SCRM through literature review and discusses the importance of SCRM in the apparel industry. Second, it describes the life cycle of the apparel supply chain and defines the different roles of the value chain in the apparel industry. Thirdly, it identifies the risk factors in the Apparel Life Cycle and analyses the risk sources and consequences and finally, extends the importance of selection of the suppliers and develops a supplier selection model and SCRM strategies solution by data analysis and case studies.

Table of Contents

1. Introduction

2. Concept, Application and Theory of Apparel Supply Chain Risk Management

3. A Subjective Method for Vendor Selection

4. Alternative Objective Methods for Vendor Selection

5. Vendor Selection Under Uncertain Preference Among Evaluation Criteria

6. Robust Supplier Selection in the Presence of Uncertain Demand

7. Production Capacity Planning via Robust Optimization

8. A Case Study in Hong Kong Apparel Industry: Hanbo Enterprise Holdings Limited

About the Authors

Peter Cheng is the cofounder and Chairman of Hanbo group. He obtained his Executive Master of Business Administration (EMBA) degree in 2014 and Doctorate of Business Administration (DBA) degree in 2018 at City University of Hong Kong. His research interests are supply chain risk management and management science. He has been an important figure in the co-founding of both the Hong Kong Apparel Society Limited (HKAS) and Hanbo Enterprises Limited, and his experience in offshore production bases includes Sri Lanka, Cambodia, Kenya, Honduras, Jordan, Bangladesh, Vietnam, Myanmar and Indonesia. He also conceptualised the SMART supply chain management model.

Yelin Fu is Post-Doctoral Fellow at College of Economics, Shenzhen University. He has two PhDs from the College of Business, City University of Hong Kong, and the School of Management, University of Science and Technology of China. He has published papers in Annals of Operations Research, International Journal of Logistics Management, International Transactions in Operational Research, Journal of Engineer Manufacture, and International Journal of Systems Science.

Kin Keung Lai is the Changjiang Chair Professor of the International Business School of the Shaanxi Normal University, China. He was previously Chair Professor of Management Science at the City University of Hong Kong. His main areas of research interests are operations and supply chain management, financial and business risk analysis and modelling using computational intelligence. He is the Founding Chairman of the Hong Kong Operational Research Society of Hong Kong and is also currently the President of the Asia Association on Risk and Crises Management.

About the Series

Routledge Advances in Risk Management

Risk management is one of the most important, most urgent and most difficult topics for not only top managers of every enterprise and top officials of every governmental department, but also for scientists in the fields of economics, finance, engineering, social science and earth science.

The book series places emphasis on the main problems of risk management in the changing new environments of operational and systems management. It invites quality works covering analysis, modeling, empirical studies and case analysis so as to offer solutions to the emerging new challenges.

It aims to publish new theories of risk management, new methods for risk management and new successful applications in risk management to promote research and development of risk management in many industries and many disciplines; to provide a bridge for exchange of academic researchers and practical risk managers to help academic researchers’ better understanding of risk and risk management and to help managers and officials to learn new methods, techniques and tools which might be efficient in risk identification, risk analysis, risk control and risk management.

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General