{"product_id":"value-based-management-of-supplier-von-zhanping-cheng","title":"Value-Based Management of Supplier","description":"\u003cp\u003eSupplier relationship managers often find it difficult to evaluate and optimize supplier relationships, which are crucial to the success of their business yet complex and multifaceted, characterized by long-term orientation, uncertainty, temporal evolution, idiosyncratic investment, improvement potential, and adaptation flexibility. How to design optimal supply contracts to govern supplier relationships has been a common problem in business practice for many years. This book draws on the modern theories of investment under uncertainty in the finance literature and proposes a hierarchical, dynamic and value-based solution for supplier relationship and supply contract management.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eAt the strategic level, the author addresses supplier relationship management by putting forward a three-layer relationship valuation procedure and a fuzzy-stochastic relationship valuation model. In addition, decision models for managing a supplier relationship life cycle as well as configuring and planning supplier relationship portfolios are presented.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eAt the tactical level, the author deals with supply contract management. A general, compound supply contract model is proposed and how to design optimal supply contracts under demand risk and price risk is explored. Furthermore, the contract portfolio configuration problem is discussed.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783899368451\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783899368451","offer_id":39458340896861,"sku":"9783899368451","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/cd3e7532-f840-407c-99b1-daeacca1b5dc.jpg?v=1775800026","url":"https:\/\/shop.autorenwelt.de\/en\/products\/value-based-management-of-supplier-von-zhanping-cheng","provider":"Autorenwelt Shop","version":"1.0","type":"link"}