Title :
The Measurement and Decision-Making in the Risk Management of Information-Sharing on the Supply Chain
Author :
Jin, Liu ; Xue-jun, Wang
Author_Institution :
Coll. of Econ. & Manage. of Wuhan, Univ. WuHan, Wuhan, China
Abstract :
The information-sharing on supply chain is the basis for the supply chain management, while it has some risk. The existence of destructive risk is the main obstacles for the information-sharing among the members. There must weigh the profits and risks and seek to maximize the interests under the premise of controlling destructive risk effectively in the information-sharing on supply chain. The different combination of the information-sharing has different members and different risks. The paper use of CVaR (conditional value at risk) tools to study the estimation of destructive risk and the decision-making of risk combination quantitatively. Under the premise of controlling destructive risk effectively, the supply chain can optimize the interests of information-sharing according to the different risk preferences.
Keywords :
decision making; risk management; supply chain management; CVaR; conditional value at risk tools; decision-making; destructive risk; information sharing; risk management; supply chain management; Conference management; Decision making; Economic forecasting; Educational institutions; Engineering management; Ethics; Industrial engineering; Risk management; Supply chain management; Supply chains; CVaR; information-sharing; risk; supply chain;
Conference_Titel :
Computing, Control and Industrial Engineering (CCIE), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-0-7695-4026-9
DOI :
10.1109/CCIE.2010.211