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Managing Risk When Outsourcing Advanced Logistics

Author

Summary, in English

The paper describes and analyses both shipper’s and provider’s risk in outsourcing advanced logistics services. Also the risk management process (including risk analysis, risk assessment and risk management) of both companies are described and discussed. Conclusions are that risk management have been of increasing importance both during and after the outsourcing decision, and that both parties have developed their risk management processes and contingency plans due to the changed risk situation. Contracts play a vital role in risk management; but liability is an issue where there is a gap between the parties as well as in theory.

Publishing year

2003

Language

English

Pages

377-391

Document type

Conference paper

Topic

  • Transport Systems and Logistics

Conference name

12th IPSERA conference

Conference date

2003-03-13 - 2003-03-15

Status

Published