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Introduction

In: Risk-Pooling Essentials

Author

Listed:
  • Gerald Oeser

    (European University of Applied Sciences)

Abstract

Demand and lead-time uncertainty increase in logistics and supply chain management, but can be mitigated by risk pooling. The extensive, but fragmented, inconsistent, and mainly theoretical risk-pooling literature offers little help in choosing between and implementing risk-pooling methods. Therefore, this book provides (1) comprehensive and concise definitions of risk-pooling and ten identified risk-pooling methods, (2) a straightforward statistical explanation of risk pooling, (3) a value-chain oriented framework for analyzing risk-pooling methods, (4) a downloadable computerized decision support tool to compare and choose appropriate risk-pooling methods for different economic conditions based on a contingency approach, (5) its application to a real-world example, and (6) the status of risk pooling in German manufacturing and trading companies.

Suggested Citation

  • Gerald Oeser, 2015. "Introduction," SpringerBriefs in Business, in: Risk-Pooling Essentials, edition 127, chapter 0, pages 1-3, Springer.
    • Handle: RePEc:spr:spbrcp:978-3-319-14157-2_1
    DOI: 10.1007/978-3-319-14157-2_1
    as

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