Logistics Management and Risk Management

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Author(s): Kijpokin Kasemsap (Suan Sunandha Rajabhat University, Thailand)
Copyright: 2018
Pages: 21
Source title: Analyzing the Impacts of Industry 4.0 in Modern Business Environments
Source Author(s)/Editor(s): Richard Brunet-Thornton (University of Economics, Czech Republic)and Felipe Martinez (University of Economics, Czech Republic)
DOI: 10.4018/978-1-5225-3468-6.ch006

Keywords: Business & Management / Business and Organizational Research / Business Science Reference / Supply Chain Management

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Abstract

Logistics management is an important part of supply chain management and deals with the movement and storage of products and services in order to meet customer demands. Risk management is the business growth strategy that can help executives handle any crisis within company toward achieving improved business planning, reduced costs, and enhanced organizational reliability. The chapter argues that applying logistics management and risk management has the potential to enhance operational performance and gain sustainable competitive advantage in global operations.

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