Risk management of logistics systems

Tsan Ming Choi, Chun Hung Chiu, Hing Kai Chan

Research output: Journal PublicationEditorial

54 Citations (Scopus)

Abstract

Nowadays, with the globalization of business operations, logistics systems are threatened by all kinds of uncertainties and disruptions. Almost every month, serious accidents in transportation and natural disasters all around the world are reported in the media. As a result, an effective and efficient risk management scheme is of a top most priority in the mind of all professionals in logistics management. This paper concisely explores risk management of logistics systems in several critical areas, namely disruption risk management, operational risk control, disaster and emergency management, and logistics service risk analysis. The papers featured in the special issue are also introduced and examined. This paper ends with a proposal of various future research directions for advancing risk management of logistics systems.

Original languageEnglish
Pages (from-to)1-6
Number of pages6
JournalTransportation Research Part E: Logistics and Transportation Review
Volume90
DOIs
Publication statusPublished - 1 Jun 2016

Keywords

  • Accidents
  • Logistics
  • Risk management
  • Safety
  • Transportation

ASJC Scopus subject areas

  • Business and International Management
  • Civil and Structural Engineering
  • Transportation

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